The Chairman of BUA Group and founder of ASR Initiative, Abdul Samad Rabiu has stated that construction of the N2.5bn oncology and diagnostic centre donated to Kwara State Government will begin in August and completed in 12 months. The business mogul, who said this on Tuesday, added that the specialist facility would be the best…
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BUA Group Using Armed Thugs to Mine Site Allocated to Dangote—FG
Nigeria’s Ministry of Mines and Steel Development has accused the management of BUA Group of using armed militia, soldiers and policemen to mine marble and limestone in mining sites allocated to the Dangote Group. The Ministry, in a statement signed by its Permanent Secretary, Mohammed Abass, also alleged that the company has been using a…
Ex-Employees Accuse BUA Group Of Tax Evasion, Forex Fraud
BUA Group has been accused of involving in foreign exchange round tripping and tax evasion. This accusation was made by former employees of company, who have urged the Federal Government to investigate the matter. The Capital reports that the former employees of BUA Group crippled the Victoria Island Head office of the company over alleged…
BUA's Violation of Sugar BIP Worries Stakeholders
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 tenets of the agreement is causing serious concerns in the sugar industry. An independent, detailed investigation carried out…