Nigerian Sugar Company Buys Two Bulk Carriers to Improve Logistics BUA Foods has begun operating a 16,765 dwt bulker from its sugar refinery in Nigeria (BUA Foods) PUBLISHED MAY 18, 2022 BY http://ngtalkz.blogspot.com One of Africa’s emerging food companies is joining the shipping world acquiring two bulk carriers to better manage logistics in its emerging business. The company becomes one of an increasing number of food companies that have been seeking stronger control of their logistics. BUA Foods, headquarter in Logos, Nigeria was created in 2021 through the consolidation of five operating units into a single publicly traded company. Owned by one of the rich men in Africa, Abdul Rabiu, and his son, the company produces flour, pasta, sugar, rice, and edible oil. The group currently has two modern, automated sugar refineries located in Lagos and Port Harcourt. Originally started in 2005, the company today has over 170,0000 acres of land to set up large-scale s...