Nigeria Embraces Coca-Cola's Investment Despite Past Allegations

SPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesNNPCL, Dangote Refinery and a livable Nigeria, By Babafemi A.

This is in reaction to Coca-Cola’s recent visit to President Bola Tinubu, during which the corporation announced a $1 billion investment pledge to Nigeria over five years. However, according to CAPPA, Coca-Cola’s latest pledge is a recycled commitment made three years ago during former President Muhammadu Buhari’s administration, which the company failed to deliver.

“On this ground, the court mandated the company to place warning labels on its beverages, advising consumers against combining their intake with Vitamin C. But to this day, the corporation has refused to comply with this directive. “As such, while the company’s promises of an economic investment may sound appealing, the potential gains pale in comparison to the long-term public health costs and injury that the consumption of its products inflicts on the Nigerian population as with elsewhere across the world’’.

At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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.
출처: DailyPostNGR - 🏆 11. / 59 더 많은 것을 읽으십시오 »

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

BREAKING: Coca-Cola Announces Fresh $1billion Investment in NigeriaA Trusted Nigerian Newspaper
출처: NigeriaNewsdesk - 🏆 10. / 63 더 많은 것을 읽으십시오 »

REWIND: In 2021, Coca-Cola made similar pledge of $1bn investment to NigeriaThe Coca-Cola Hellenic Bottling Company, on September 19, pledged a fresh $1 billion investment to Nigeria.
출처: thecableng - 🏆 2. / 80 더 많은 것을 읽으십시오 »

CAPPA to FG: Coca-Cola’s $1bn investment pledge is a hollow promiseThe Corporate Accountability and Public Participation Africa (CAPPA) says Coca-Cola’s promise of a $1 billion investment in Nigeria is a hollow pledge.
출처: thecableng - 🏆 2. / 80 더 많은 것을 읽으십시오 »

Don’t fall for Coca-Cola’s $1bn investment promiseThe Corporate Accountability and Public Participation Africa, CAPPA, has told President Bola Tinubu not to be deceived by Coca-Cola's pledge to invest $1 billion investment in Nigeria. CAPPA spokesperson Robert Egbe gave the advise in a statement made available to DAILY POST on Wednesday.
출처: DailyPostNGR - 🏆 11. / 59 더 많은 것을 읽으십시오 »