Browsing Tag

BUA

“Don’t Play Politics With Nigerian Lives” – BUA Replies CACOVID

John Ogunsemore Feb 9, 2021 0

A leading Nigerian conglomerate, BUA Group said it received with utter shock reports, allegedly attributed to CACOVID, disowning its earlier payment through CACOVID for 1 million AstraZeneca doses for Nigeria via the AFREXIM vaccine…

Business

The Stock Market Report May 22nd, 2020

Oladipupo Ehindero May 22, 2020 0

The All Share Index of the Nigeria Stock Exchange gained 1.80% today, Friday 22nd, 2020. This market the conclusion of a whole trading week of gains on the market.N2.8Billion was value traded, a far cry from the N5.4Billion recorded on…

Features

BUA Consolidates Cement Businesses In Nigeria

Oritsetsemaye Akapa Esq Oct 30, 2019 0

BUA Group, a company which has largely developed over 20 years, having its stake in a wide range of diversified business sectors, has announced the consolidation of its cement business comprising the publicly listed 2million Mtpa Cement…

Government

Edo State Governor Obaseki Attacked, BUA MD Declared Wanted

Femi Famutimi Jan 5, 2018 1

Governor Godwin Obaseki of Edo state has been attacked in Edo state. This is according to a spokesperson to the Edo State Governor.This was contained in a statement released by the spokesperson to the Governor Robin Crusoe. In the…

Government

Gov. Obaseki orders arrest of 2 employees of BUA over stop-work notice

News Agency of Nigeria Jan 3, 2018 0

Gov. Godwin Obaseki of Edo has ordered the arrest of two employees of BUA International Limited over alleged violation of a Stop Work order issued by the Federal Ministry of Mines and Steel.The order was due to the disputed Obu mine…

Business

FG orders BUA to vacate and stop mining on disputed Mines site

Femi Famutimi Dec 23, 2017 0

Federal Government has directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML.The order, which was exclusively made available to our correspondent, was conveyed…

Business

Dangote: BUA lied on claims to Mines ownership

Femi Famutimi Dec 22, 2017 0

The management of Dangote Industries Limited has again vehemently rejected the many assertions of BUA Group, on its dubious claim to being the rightful owner of Mining Lease No 2541.Dangote in a statement made available to our reporter…

Business

Dangote accuses BUA of Stealing and illegally Mining Limestone on its Properties

Femi Famutimi Dec 18, 2017 0

Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Kogi State.Dangote’s Executive Director, Mr.…

Business

BUA using militia, soldiers to mine site allocated to Dangote – Ministry

Femi Famutimi Dec 7, 2017 0

The management of BUA Group has been using armed militia, soldiers and policemen to mine marble and limestone in mining sites allocated to the Dangote Group, the Ministry of Mines and Steel Development has alleged.In a…

Business

BUA Group Subsidiary, CCNN, Set To Complete$300m Cement Plant By First Half Of 2017

Femi Famutimi Dec 21, 2016

Nigerian industrial giant, BUA Group’s cement subsidiary in Sokoto state, CCNN (also known as Sokoto Cement) expects its new 1.5million metric tonnes per annum cement plant to be completed before the 3rd quarter of 2017. This was made known…

Business

Leadership, BusinessDay Apologize To Dangote Over Libelous Advert Sponsored By Competitor

Business Editor Jun 14, 2016 0

Two prominent national dailies, Leadership and Businessday have apologized to the management of the Dangote Group over alleged libelous advertorial published by the newspapers.The newspapers while claiming to hold Alhaji Aliko Dangote,…

Business

BUA’s Violation of Sugar BIP Worries Stakeholders

Gbamila Gilbert Mar 8, 2016 0

As the federal government continues to monitor the level of compliance of all companies engaged in the implementation of the backward integration programme (BIP) in the sugar industry, seeming subtle efforts of BUA Group to violate the…

Business

Residents Bemoan BUA’s Investment In Lafiaji Sugar Company

Business Editor Dec 14, 2015 0

…Calls for FG's interventionResidents of Lafiagi community in Edu local government area of Kwara state have expressed concern over the moribund state of BUA sugar refinery, formerly known as Lafiagi Sugar Company. For the company to…

Business

BUA Works Against FG’s Drive for Investment into Local Vegetable Oil Cultivation

The Herald NG Dec 3, 2015 0

The federal government's drive to reduce pressure on the nations foreign exchange reserves and promote large scale creation of farming jobs in local communities in the country is being seriously set back by some companies it has been…

Ticker

BUA Sabotaging Economy for Excessive Profit – FG

The Herald NG Dec 1, 2015 0

The federal government has raised the alarm over continuous sabotage of its economic policies by local business conglomerate, BUA group.The regulatory body charged by the federal government to see to the transformation of the sugar…