Thursday, 20 August 2015


Mario de Matos
In order to fulfill Federal Government’s backward integration policy in the sugar industry, specifically in its subsidiary, BUA Group has appointed a celebrated and erudite sugar expert, Mr. Mario De Matos, to pilot the affairs of its agribusiness division.

The conglomerate stated that the development was part of its determination to constantly carry-out the Federal Government’s backward integration policy in the sugar industry through its sugar subsidiary, BUA Sugar Refinery.

Tectono Business Review gathered that until his appointment, Mr. Mario de Matos was the International Fertilizer Development Center (IFDC) Country Representative in Nigeria overseeing the USAID-funded APEx project that covered support to the Federal Ministry of Agriculture and Rural Development GES, agro-dealers training, small holders and private sector access to finance, gender and cross-cutting issues in 10 states across Nigeria.

In a statement made available to Tectono Business Review, a Group Executive Director of BUA Group, Kabiru Rabiu, said Mario’s appointment sends a clear message that BUA Group is a serious agribusiness player and is in line with the Group’s commitment to ensuring the effective implementation of the backward integration policy on sugar and the success of the Government’s national agricultural development policy.

He added: “Mario brings with him a deep and extensive knowledge of the sugar industry with substantial experience working across five continents in the past four decades. I look forward to working with him to build on our strong investments in sugar plantations within the country as well as explore other opportunities for growth within the agribusiness sector.”