BUA Group has challenged the Special Adviser to President Bola Tinubu on Policy Coordination, Hadiza Bala Usman, to specify the specific clause or clauses violated by the group in her decision to terminate the port concession agreement with the Nigerian Ports Authority (NPA). Responding to Ms Usman’s claims justifying the abrogation of the concession, BUA questioned her decision to ignore …

Chairman of BUA Group, Abdul-Samad Rabiu, says leading agribusinesses are partnering with President Bola Tinubu to smash rice-hoarding cartels and keep staple prices stable through year-end. Rabiu revealed this to State House Correspondents after meeting the President at the Aso Rock Villa, Abuja, on Thursday. He said the company’s grain imports — facilitated by last year’s six-month duty waiver — …

There is tension between Inua Eyet Ikot village and neighbouring communities in Esit Eket Local Government of Akwa Ibom State, over the siting of BUA petrochemical factory. The Nation gathered that hoodlums allegedly from Esit Eket reportedly launched a midnight attack on Inua Eyet Ikot village, damaging property worth millions of naira. Former Inua Eyen Ikot village council chairman, Chief …

Introduction The intense rivalry between two Nigerian conglomerates, Dangote Industries Limited and BUA Group, has recently taken a contentious turn, with allegations, accusations, and counter-accusations flying back and forth. This ‘do or die’ business rivalry has not only stirred up tensions in the corporate world but also holds valuable lessons on the detrimental impact of such fierce competition on business …

BUA Cement PLC on Sunday announced the reduction of the price of its cement product to N3,500 per bag starting from Monday. It said the price reduction was in line with its commitment to spur development in the “building materials and infrastructural sectors”. The company announced the price reduction in a statement posted on its X (formerly Twitter) page. This …