Sam Ikeotuonye Lagos — Dangote Plc and the Bua Group accounted for the highest production of solid minerals in the…
Browsing: BUA Group
Mkpoikana Udoma Port Harcourt — BUA Group, Axens of France and Akwa Ibom State Government, have signed a progress acknowledgement…
Mkpoikana Udoma Port Harcourt — The Rivers State House of Assembly has said that it will not relent in ensuring that…
Mkpoikana Udoma Port Harcourt — BUA Group has announced plans to build a refinery and petrochemical plant with the capacity…
Princewill Demian 11 April 2018, Sweetcrude, Abuja – One of Nigeria’s foremost industrialists and chief executive officer of BUA Group, Mr.…
“Nigeria is the biggest market in Africa, we have the population but it is not only Nigeria, all over Africa we have what it takes. Nigeria has everything to produce what we need; still, Nigeria has Limestone, coal and gas yet we import 3 billion worth of steel yearly.”
BUA said the governor conducted “a gestapo-style forceful shutdown of that mine despite a subsisting court pronouncement that the Mine be allowed to operate”.
“Consequently upon the foregoing therefore, your company is hereby ordered to immediately stop all mining activities at the identified spot and any other part of the area of the 2541ML, evacuate all your mining machineries/equipment and vacate the mine site. This order is issued in accordance with the provisions of section 146(4) of the Act.”
“It is misleading for BUA to falsely accuse Dangote of undermining its operations and attempting to create a monopoly in the Cement Industry in Nigeria, as we have always coexisted peacefully with other competitors in Obajana and Ibese.”
He added that the investigation by the ministry confirmed that BUA Cement company was indeed engaging in illegal mining of marble/limestone at a mine pit located on some Geographical Coordinates.
