Northern Nigerian Breaking News

{PHOTOS}’Sugar War’: Ganduje reconciles Dangote, BUA

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Governor Abdullahi Umar Ganduje of Kano state, with the support of renowned business mogul, Alhaji Aminu Alhassan Dantata, Kano Emirate and the Kano State Council of Imams, reconciled the differences between the two illustrious sons of the state, Aliko Dangote and Abdussamad Isyaka Rabi’u.

The reconciliation meeting took place at Kano Governor’s Lodge, Asokoro, Abuja, Wednesday, which put a stop to all rumours making the round that the duo were in dispute over sugar control in the country.

This was contained in a statement issued by Chief Press Secretary to Kano State Governor, Abba Anwar on Thursday.

Solacebase reports that the media was awash last week with an alleged clash between two of Nigeria’s richest men, Aliko Dangote and Abdul Samad Rabiu, over sugar. It is a dispute over who controls the sugar market in Africa’s biggest economy.

Read Also: Dangote Sugar denies involvement in price-fixing, encourages healthy competition amongst players

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While Aliko Dangote accuses his competitor of attempting to appropriate undue advantage,  Abdul Samad Rabiu says  Dangote, Africa’s richest man, wants to monopolise the market and manipulate prices. Dangote denied the price-fixing allegation in a statement issued last Friday.

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According to the statement, both parties, Chairman of Dangote Group of Companies and Chairman BUA Group of Companies, agreed to work together and supply enough sugar to satisfy the demand of the country.

‘’They all dismissed the allegation that Dangote was planning to see to the increase of sugar price, through pressuring BUA to succumb to the increment. They described that allegation as baseless and lacking any iota of truth,’’ said the statement.

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The statement said present at the meeting were the Minister for Commerce, Trade and Investment, Mr Niyi Adebayo, representative of the Kano Emirate, Alhaji Aminu Babba Dan Agundi, Chairman of the Council of Kano Imams, Sheikh Muhammad Nasir Adam, the Chief Imam of Sheikh Ahmadu Tijjani Friday Mosque, Kofar Mata, Kano and the Chairman of NEPZA, Hon. Adamu Panda.

All the two business moguls agreed to work together as brothers for the growth and development of the nation at large. Assuring that, henceforth, there would be no differences, that could cause any disharmony between them.

1 Comment
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