BUA Foods has unseated Dangote Sugar as Nigeria’s top sugar producer by revenue, marking a major shift in the country’s competitive food manufacturing sector.
In its latest financials, BUA Foods sugar earnings rose 74 percent year-on-year from N421.8 billion in 2o23 to N734.5 billion, surpassing Dangote Sugar’s N661.1 billion by 11 percent.
The development marks the first time in years that the Abdul Samad Rabiu-led company has edged out Aliko Dangote’s sugar arm in topline performance, reflectin
BUA Foods has unseated Dangote Sugar as Nigeria’s top sugar producer by revenue, marking a major shift in the country’s competitive food manufacturing sector.
In its latest financials, BUA Foods sugar earnings rose 74 percent year-on-year from N421.8 billion in 2o23 to N734.5 billion, surpassing Dangote Sugar’s N661.1 billion by 11 percent.
The development marks the first time in years that the Abdul Samad Rabiu-led company has edged out Aliko Dangote’s sugar arm in topline performance, reflectin
