REWIND: In 2021, Coca-Cola made similar pledge of $1bn investment to Nigeria

September 20, 2024 11:26 am, on September 19, announced plans to invest $1 billion in Nigeria over the next five years.

Reacting to the development, President Bola Tinubu commended the beverage maker for its long-standing partnership with Nigeria and employing over 3,000 people across nine production facilities. Bogdanovic also said since 2013, “we have invested $1.5 billion in Nigeria in capacity expansion, transformation of our supply chain infrastructure capabilities, training and development”.This development is not the first time Coca-Cola has made such investment commitments.Vice-President Yemi Osinbajo lauded the company for the gesture, describing it as a testament to the possibilities in the Nigerian economy.

“Understanding the Coca-Cola’s $1 billion investment Naysayers and doubters scorned the $1 billion fresh investment pledge in Nigeria made by the company’s global leadership to President Bola Tinubu today in Abuja, saying the company made a similar promise in 2021,” Onanuga wrote.“Yes, the company made a similar promise three years ago. But it couldn’t fulfill it because of the challenging business environment prevailing in Nigeria then.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

BREAKING: Coca-Cola Announces Fresh $1billion Investment in NigeriaA Trusted Nigerian Newspaper
Herkunft: NigeriaNewsdesk - 🏆 10. / 63 Weiterlesen »

FCCPC indictment: Coca-Cola visits Tinubu, eyes $1bn investment in NigeriaCoca-Cola Hellenic Bottling Company said it plans to invest $1 billion in Nigeria in expansion of its business in over five years. The Chief Executive Officer of the company, Mr Zoran Bogdanovic, made this known during his visit to President Tinubu Bola Ahmed Tinubu.
Herkunft: DailyPostNGR - 🏆 11. / 59 Weiterlesen »

Coca-Cola to provide Economic Boost via $1bn Investment in NigeriaThe US $1 billion investment will support job creation across the value chain
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »