FG To BUA: New Sugar Import Policy To Upscale Plantation, Tech

    The National Sugar Development Council (NSDC) has told the management of BUA Sugar that its new quota allocation for importing raw sugar will depend on the backward integration programme. The Executive Secretary of the NSDC, Adedeji Zacch, disclosed this during the familiarisation visit to BUA Sugar Refinery complex at Apapa, Lagos on Tuesday. […]

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Dangote responds to BUA’s sugar price fixing allegations

  ♦ Before Ramadan, the price was N13,000 per bag, but Dangote and one other market competitor wanted the price increased to N30,000 per bag. ♦   Dangote Sugar has been accused of price-fixing by BUA Group. The competitors have been at loggerheads over market dominance, but the rivalry took a different turn on Thursday. […]

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