BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved

Zenith Bank, BUA Group Explore Strategic Opportunities As Chairman Rabiu Meets CEO Umeoji & Team

In a move aimed at strengthening corporate partnerships and fostering sustainable growth, Dame Adaora Umeoji, Group Managing Director and Chief Executive Officer of Zenith Bank Plc, led a delegation of senior executives to BUA Group Headquarters in Lagos State on June 3, 2025. The courtesy visit was designed to explore potential collaborations that could support BUA Group’s diverse business operations spanning cement manufacturing, sugar refinin…

BUA Group Invests $65m In Rivers Port Terminal Upgrade  » News.ng

BUA Group has announced a substantial private investment exceeding $65 million for the complete reconstruction of Terminal B at the Rivers Port Complex, with project completion scheduled for early 2026. The conglomerate disclosed this information in a statement released Sunday, addressing recent allegations by Hadiza Bala Usman, former Managing Director of the Nigerian Ports Authority (NPA), who claimed BUA violated the terms of its concession a…

BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved

BUA Group says it is investing over $65 million—entirely self-funded—to reconstruct Terminal B of the Rivers Port Complex, with completion expected in the first quarter of 2026.  The post BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved appeared first on Nairametrics.

BUA Challenges Hadiza Usman: "Cite The Specific Clause Authorising Terminal Shutdown" Over Port Concession - TheNigeriaLawyer

The Management of BUA Group has called on Hadiza Bala Usman, former Managing Director of the Nigerian Ports Authority (NPA) and current Special Adviser to President Bola Tinubu on Policy Coordination, to publicly identify the specific clause allegedly breached by the company that warranted the termination of its port concession agreement. In a statement issued on Sunday, BUA refuted Ms Usman’s recent claims justifying the termination of its leas…