• About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, July 1, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

BUA set to dominate sugar export market

Hassan Tanko by Hassan Tanko
May 10, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

…Acquires two shipping vessel

One of Africa’s leading FMCG companies, BUA Foods has taken delivery of the first of two shipping vessels to augment its sugar export operations to the West African market, which kicked off successfully earlier this year.

According to BUA Food, export of refined sugar will benefit the economy, providing alternative source of income, while significantly diversifying the company’s markets. The vessels will depart and berth at BUA’s port and terminal, increasing export capacity while reducing operating cost. The Mitsubishi of Japan built vessel is named MV Bundu – after the area in which the refinery is located. The vessels cargo capacity is suited to enhance quick and sustainable delivery of more refined sugar in the face of growing export demand from across the African region.

The refined sugar of high-grade quality is processed from BUA Foods’ ultra-modern sugar refinery located in Port Harcourt. This state-of-the-art refinery with a capacity of 750,000 metric tons, is also equipped to process all grades of sugar.

 “As we drive our business for growth with focus on sustainable returns, and benefit to all our stakeholders and the Nigerian economy, owning a shipping vessel is an important step in BUA Foods strategy”, said the Chairman BUA Foods Plc, Abdul Samad Rabiu.

“We see an increased and continued demand for refined sugar across the region with attendant increase for logistics support to aid timely delivery.

Previous Post

Despite Vehicle and Aviation fuel scarcity, Petroleum Minister accepts N100m APC Presidential form.

Next Post

Sit-at-home forces JAMB to postpone examination in Anambra

Next Post

Sit-at-home forces JAMB to postpone examination in Anambra

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
I will be on the ballot in 2027, says Obi
Politics

I will be on the ballot in 2027, says Obi

by Adepegba Abioye
June 30, 2025
0

The Labour Party's standard bearer in the 2023 Presidential election, Peter Obi, has again reiterated to his numerous supporters at...

Read moreDetails
SDP warns against dealing with suspended Chairman, Auditor, Youth Leader

SDP warns against dealing with suspended Chairman, Auditor, Youth Leader

June 30, 2025
Suspected herdsmen, military exchange gunfire near Benue IDP camp 

Suspected herdsmen, military exchange gunfire near Benue IDP camp 

June 30, 2025
Court orders 54 banks to return N9.3bn stolen from customers accounts

Go to the first-class hospital you commissioned in Kogi, EFCC prosecutor tell Yahaya Bello 

June 30, 2025
Price of beans crashes by over 100 per cent nationwide

Price of beans crashes by over 100 per cent nationwide

June 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng