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Nairaland Forum / Nairaland / General / Business / Arewa Consultative Forum Worried Over Dangote, BUA Feud (20399 Views)
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Arewa Consultative Forum Worried Over Dangote, BUA Feud by ArewaWatch: 12:44pm On Jan 02, 2018 |
The Arewa Consultative Forum (ACF) has expressed worry over the raging feud between Dangote Group and BUA Group over the ownership of a mining site located in Okpella area of Edo State. [img]https://2.bp..com/-gp3cSPLzjzE/WktuqoCxYGI/AAAAAAAABPE/A34fHUv0iFsylMyzIVQBsijMH7GoOkg_ACLcBGAs/s320/dangotebua.jpg[/img] The conflict over the rightful ownership of Mining Lease No 2541 involving chairmen of the two leading companies, Aliko Dangote and Abdulsamad Rabiu has dominated discussions in the public space for the past few weeks, especially within the business circle. Both sides have engaged in accusations and counter accusations, including name calling in the media. There had been frantic moves by eminent persons in the country to settle the business row, the latest being the intervention by the Emir of Kano, Muhammadu Sanusi II who had urged the business moguls, both natives of Kano, to sheathe the sword. Also, Arewa Consultative Forum, (ACF), the pan Northern group has waded into the matter in a bid to end the dispute once and for all. In the last couple of days, the forum and the Northern elders held several meetings where the dispute between Dangote and BUA was seriously discussed. It was gathered that the forum expressed concern over the scuffle and has concluded arrangements to invite the two business giants to a meeting to be chaired by Emir Sanusi II in Kaduna. The forum which is determined to ensure an amicable resolution of the impasse, also lauded Emir Sanusi II for his timely intervention. Emir Sanusi II, who by virtue of his position as the traditional ruler of Kano and father to all, opted to intervene in the squabble between Dangote and BUA, with a view to finding a lasting solution to the scuffle. It should be noted that several interventions by the Ministry of Mines and Steel Development, the Edo government and other stakeholders have proved futile. In the course of the altercation, it was revealed that the two companies got their licences from third parties. While BUA obtained its licence from the old Bendel Cement Company through its privatisation, Dangote Group obtained its licence from a company called AICO (Ado Ibrahim & Co) Limited. The disputed area is at the boundary between Kogi and Edo States, but officials have said that mineral titles are not by state boundary but by the geographic coordinates, which means they can fall in any state. The Mining Cadastre Office, however, is insisting that BUA overlapped the AICO’s title and that it has no case. Meanwhile, the case has brought to the fore the weak administration of data of mineral sites in the country, as the titles claimed by both parties are from the same ministry of Mines and Steel Development. While the BUA group presents mining rights in ML 18912 and ML 18913 in Obu, Okpella in Edo State, Dangote claims right in ML 2541 located in Okene, Kogi State. Both parties presented evidences that the area where the mining is taking place belong to them and was duly signed by the mining authorities, the ministry of Mines and Steel Development and the Mining Cadastre Office. Recently, the disagreement between the two firms compelled the Federal Ministry of Mines and Mineral Development to issue a directive that the Obuh mine located in Okpella, Edo State, be shut down. Edo State governor, Godwin Obaseki, had disclosed this while meeting with members of the Okpella community at Government House, Benin. He said, “There are multiple claims and they have all gone to court. We have a letter from the Federal Ministry of Mines and Minerals Development instructing that the party currently mining that particular site should vacate it, pending the outcome of the decision in court”. Prior to this action, BUA Group had accused Dangote Industries of using armed personnel to take over the site and mining illegally. The company also accused the Ministry of Mines and Steel of frustrating its operations, saying it had written to the Presidency seeking its intervention. Dangote Industries, in its defence, claimed BUA Group was illegally mining on a site it had made all the required payments for. Source: http://www.arewawatch.com/2018/01/arewa-consultative-forum-worried-over.html |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by fergie001: 12:59pm On Jan 02, 2018 |
This silent war has been on since 2008/2009. Na people wey get cash dey quarrel,see PSquare.... Moreover,I think the knotty issues are the near-monopolisation by Dangote of everything in Nigeria. Dangote has always had the tacit support from the FG(even before tthe advent of this present democracy) over any other competitor,BUA inclusive....and since they produce almost similar products:sugar, pasta,rice,steel,flour and cement,there is bound to be that friction. So,it finally will end with out-of-court settlement because the FG needs them to continue to create jobs,as well as "election-money",and they both hail from same region. I hope they settle because,the unemployment outside is already too huge to add more. 8 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by reality1010: 1:28pm On Jan 02, 2018 |
ArewaWatch:People from Nano fighting over mineral deposits in Kofi and Edo states.Where r the elites from these two states?Does it mean there r no people from these states who can effect my manage this mineral?Edo&Logo indigenes please take over your resources. 29 Likes 1 Share |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by EazyMoh(m): 1:35pm On Jan 02, 2018 |
Tsakanin Dan Adam da Kudi! Business is business, it's no respecter of how close you are even if your are twins. On the subject matter, the blame shall be appropriately placed on the authorities. Fayemi is doing a terrible job in handling these crises. That's how he complicated ALSCON saga even more. From my understanding Dangote's license is supposed in Kogi while that of BuA is Edo. However, due to some Abracadabra in the sites location Dangote's site strayed deep into Edo state right into BUA's site. Dangote as we know how greedy he is decided to take everything. Why not just use the natural state boundary to separate the sites, instead of using confusing so called mining site coordinates? That are guaranteed to keep bringing confusion and crises not just in this sector/case but all other mining sectors all over Nigeria. 15 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by BruncleZuma: 2:51pm On Jan 02, 2018 |
This issue can be amicably resolved outside the media and courts. 4 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Sirheny007(m): 2:52pm On Jan 02, 2018 |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Terminator1234g: 2:52pm On Jan 02, 2018 |
LIKE FOR PDP SHARE FOR APC JUST A QUICK ANALYSIS.... 26 Likes 6 Shares |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by IamaNigerianGuy(m): 2:53pm On Jan 02, 2018 |
Two aboki quarreling over southern resources 5 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by dukie25: 2:54pm On Jan 02, 2018 |
While the BUA group presents mining rights in ML 18912 and ML 18913 in Obu, Okpella in Edo State, Dangote claims right in ML 2541 located in Okene, Kogi State.I have to side with BUA group on this one, it is on Edo land. Dangote tried getting the mining rights earlier, but failed. But wait, we gave them our oil now we are about giving them another mineral. 3 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by BruncleZuma: 2:54pm On Jan 02, 2018 |
Sirheny007: My dear laugh ooo...it is not taxable. |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Sirheny007(m): 2:55pm On Jan 02, 2018 |
BruncleZuma: Sure thing sir. |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by free2ryhme: 2:56pm On Jan 02, 2018 |
ArewaWatch: na dem sabi |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by oka4ugoo: 2:58pm On Jan 02, 2018 |
Dangote the greedy richest man indeed |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by RealIgboboy: 2:58pm On Jan 02, 2018 |
Is non of my business, let them settle it. Same people, same religion, same region and same language fighting over other people resources, from different religion, different locality, different language. In ideal and organized society this can't happen. I regret to be a Nigerian. 1 Like |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by TheDokita(m): 3:04pm On Jan 02, 2018 |
W |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by melejo(m): 3:05pm On Jan 02, 2018 |
Igbos like fighting one another. Look at how dangote from Anambra is fighting his brother from Imo 15 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by aolawale025: 3:10pm On Jan 02, 2018 |
The government has to enable a competitive business environment and instill fair play. Monopoly would not help Nigeria at this time |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Nobody: 3:15pm On Jan 02, 2018 |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by GeeConn(m): 3:29pm On Jan 02, 2018 |
pm |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Blakjewelry(m): 3:31pm On Jan 02, 2018 |
What is their own there, this is feud between to businessmen |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Chienex24(m): 3:32pm On Jan 02, 2018 |
Battle of the Rich! Really have nothing to say to them But who use him power wisely go win the battle.... |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by kereman1: 3:34pm On Jan 02, 2018 |
Awera the northern union useless ppl 1 Like |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by lazygal: 3:35pm On Jan 02, 2018 |
fergie001: That is their bloody business ..I believe samad is a kano man right? What has the giants done to assist poverty alleviation in their own home state? They can go ahead and assassinate each other ..go and ask any kano person these selfish men do not have programmes to assist not eve n a vocational and skills acquisition school ..funny enough..women inkanoare the ones assitng and these women do nothave1/4 of these greedy men wealth Aliko can't take this money to God so he should continue .nonsense |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Ahamefuna0001(m): 3:56pm On Jan 02, 2018 |
melejo: Lol. My belle o |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Xisnin(m): 4:05pm On Jan 02, 2018 |
reality1010:Russia owns several uranium mining sites in the US, don't the US have indigenes. You must stop reasoning like an uncivilised person in 2018. 4 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by fergie001: 4:11pm On Jan 02, 2018 |
lazygal: My dear,it's common with Rich people oooo Empty they came,empty they will return, No cars,no houses,no bank accounts in the grave....ntn We go make am,life 1st... |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by mvem(m): 4:29pm On Jan 02, 2018 |
RealIgboboy:...in an ideal society they wont be distinction between you and them, a hausa man and an igbo/yoruba man, a christain and muslim. Everyone will be seen as one and same and and igbo man can become governor of sokoto and vice versa....thats in a ideal society, so what re u saying? 1 Like |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by emmie14: 4:32pm On Jan 02, 2018 |
I have read through comments only Eazymoh made reasonable suggestion. Edo and Kogi should trace their land boundaries in-between and settle the matter. Dangote group can't trespass Edo land from kogi simple. 2 Likes |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by daveP(m): 5:21pm On Jan 02, 2018 |
See why i said Dangote needs a national rival. See them fighting mortal combat over property in Edo for that matter. Where are the silent airways crew? Teach these twu ah lasson! |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by Nobody: 6:24pm On Jan 02, 2018 |
People's property and minerals resources they two are claiming ownership? Some corrupt northern politicians in the corridor of power are benefiting from this. One day people of those communities might wake up with a notic that where they sleeping are not theirs by another corrupt government agencies. Another way to create another IDPs camps to making money illegally as if they solving people's problems. 1 Like 1 Share |
Re: Arewa Consultative Forum Worried Over Dangote, BUA Feud by reality1010: 7:24pm On Jan 02, 2018 |
Xisnin:Reasoning.They should not disturb our peace on logo state because we will deal with them d way we use to deal with Igbo people businesses. 1 Like |
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