Tuesday, November 30

Tag: Chika Mbonu

BUA’s Sugar Plantation: A Reply To Chika Mbonu By Perry Okolugbo
Business

BUA’s Sugar Plantation: A Reply To Chika Mbonu By Perry Okolugbo

BUA Sugar Plantation: Dangote, Flour Mills And Chika Mbonu’s Lies Busted Whilst banker turned TV analyst, chika mbonu was busy spewing lies about satellite imagery reminiscent of the infamous iraqi weapons of mass destruction saga, unbeknownst to him, journalists were on an unpaid media tour of the BUA Sugar Lafiagi plantation to see for themselves and also take pictures and videos that completely debunked his fake, clumsy claims of nothing being on ground. Lol. The truth was far different from what Mbonu was saying on TV. The plantation is being developed, the ethanol plant is completed and awaiting commissioning, construction of the sugar refinery is at 68percent and shoould be completed alongside the sugar mill in Q1, 2021. Nigerians begin to wonder why the continued onslaught...
Sugar: Dangote Can Do More, BUA Has Not Done Enough – Chika Mbonu
Business

Sugar: Dangote Can Do More, BUA Has Not Done Enough – Chika Mbonu

Chika Mbonu, an analyst on Arise TV’s business report, this morning took a quick drive into the current national conversation on local sugar production. The analyst took viewers through the key details of the plan while assessing the performance of all three stakeholders. His conclusion is the passion and drives that Dangote Sugar displays towards its refining business must be replicated in expanding its sugar production business. While acknowledging that Dangote actually has an operational sugar mill in Adamawa, Chika felt it should be much bigger right now, given Dangote’s profile. On BUA, He noted that there were gaps in the figures reported by BUA in its latest performance report and the satellite images obtained Arise TV. These satellite photos actually show that BUA has not...

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