How can you be happy when coca cola with too much sugar is ruining people's lives.

Osiris12:
Coca Cola will surely regret this investment

Amen o

Murio001:
I hope it won't affect the price.

No.
But it will affect the kidneys.

presidency:
*Adds: It’s a testament to the possibilities in the Nigerian economy

Coca Cola’s plan to invest $1 billion in Nigeria in the next five years testifies to the possibilities in the economy despite challenges, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this Monday evening at the 70th anniversary gala of the Nigerian Bottling Company (NBC).

According to the Vice President, “your ongoing investment in the country, which I am told will be in the order of $1billion in the next five years, testifies to your faith in the possibilities of Nigeria.”


“And you can rely on the partnership of the Nigerian government, (and i dare say the Nigerian people too) as you make these great strides,” Prof. Osinbajo assured.

While narrating his personal and family stories about drinking Coke, including how he drank two bottles of Coke a day up until 2017, the Vice President reiterated that the Buhari administration’s commitment to “creating an environment that allows the private sector innovate and thrive remains active and sincere, despite the challenges.

“And we will continue to work with businesses across the broad spectrum of our dynamic economy to ensure that we do this with a clear view of the opportunities and problems of the day.”

Prof. Osinbajo further stated that in the 70 years that the company has operated in Nigeria, it has demonstrated “commitment to the Nigerian people with repeated investments, in the building of production facilities across the country, in creating thousands of jobs but also in your active support of every aspect of our national life, from health to education, from women and youth empowerment to sports. All done with conscious respect for the environment.”

Continuing, Prof. Osinbajo said “I think it is fair to say that the commitment has been met with the enthusiastic patronage of generations of Nigerians; families who have been supported by the stable careers of staff who have grown with the company through the years.”

He explained that “young people who have found successful careers in sports and entertainment inspired by your support; consumers from Lagos to Kano, Rivers to Plateau, linked by distributors in every region of the country, who have built enduring businesses getting Coca Cola into the hands of millions; a robust value chain that includes service providers and marketing agencies, creators of the iconic Coke adverts that have formed part of our individual and collective memories all these years.”

The high point of the event was the presentation of awards to distinguished staff and partners of the company across the country.

On his part, Board Chairman of NBC, Amb. Segun Apata recalled the company’s growth and contribution to the economy and noted that the company will continue in its 70 years tradition of investing in the economy as well as impacting its host communities through several initiatives, especially for the youths.

Nigerian Bottling Company also known as NBC was incorporated in 1951 but started production in 1953 at the basement facilities of the mainland Hotel, owned by Leventis Group, producing Coke licensed by the Coca Cola Company.

The gala night was also attended by the Deputy Governor of Lagos State, Dr. Obafemi Hamzat.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
November 23, 2021

This investment is all well and good, but Nigeria needs more real manufacturing investment. Not investment in soft drinks, beer and cigarette that will kill our 200m people and give us health problems in the future.

We need to also see $1bln investment in solar and wind farms, white products manufacturing (ac,s, fridges, freezers, washing machines, etc) solar panels, etc

Less sugar and more healthy drinks
People are reducing sugary drinks, naija is increasing
It means more diabetes, unfortunately

Really sorry for Coca Cola but they're selling poison to us. They deserve whatever is coming to them from this decision!

Diabetes pandemic loading...

presidency:
*Adds: It’s a testament to the possibilities in the Nigerian economy

Coca Cola’s plan to invest $1 billion in Nigeria in the next five years testifies to the possibilities in the economy despite challenges, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this Monday evening at the 70th anniversary gala of the Nigerian Bottling Company (NBC).

According to the Vice President, “your ongoing investment in the country, which I am told will be in the order of $1billion in the next five years, testifies to your faith in the possibilities of Nigeria.”


“And you can rely on the partnership of the Nigerian government, (and i dare say the Nigerian people too) as you make these great strides,” Prof. Osinbajo assured.

While narrating his personal and family stories about drinking Coke, including how he drank two bottles of Coke a day up until 2017, the Vice President reiterated that the Buhari administration’s commitment to “creating an environment that allows the private sector innovate and thrive remains active and sincere, despite the challenges.

“And we will continue to work with businesses across the broad spectrum of our dynamic economy to ensure that we do this with a clear view of the opportunities and problems of the day.”

Prof. Osinbajo further stated that in the 70 years that the company has operated in Nigeria, it has demonstrated “commitment to the Nigerian people with repeated investments, in the building of production facilities across the country, in creating thousands of jobs but also in your active support of every aspect of our national life, from health to education, from women and youth empowerment to sports. All done with conscious respect for the environment.”

Continuing, Prof. Osinbajo said “I think it is fair to say that the commitment has been met with the enthusiastic patronage of generations of Nigerians; families who have been supported by the stable careers of staff who have grown with the company through the years.”

He explained that “young people who have found successful careers in sports and entertainment inspired by your support; consumers from Lagos to Kano, Rivers to Plateau, linked by distributors in every region of the country, who have built enduring businesses getting Coca Cola into the hands of millions; a robust value chain that includes service providers and marketing agencies, creators of the iconic Coke adverts that have formed part of our individual and collective memories all these years.”

The high point of the event was the presentation of awards to distinguished staff and partners of the company across the country.

On his part, Board Chairman of NBC, Amb. Segun Apata recalled the company’s growth and contribution to the economy and noted that the company will continue in its 70 years tradition of investing in the economy as well as impacting its host communities through several initiatives, especially for the youths.

Nigerian Bottling Company also known as NBC was incorporated in 1951 but started production in 1953 at the basement facilities of the mainland Hotel, owned by Leventis Group, producing Coke licensed by the Coca Cola Company.

The gala night was also attended by the Deputy Governor of Lagos State, Dr. Obafemi Hamzat.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
November 23, 2021

Sugar no go kill us o

Why hailing dem ? No be cocaine dem dey sell

blowjohn:


No.
But it will affect the kidneys.

Hahaha, not mine.

presidency:
*Adds: It’s a testament to the possibilities in the Nigerian economy

Coca Cola’s plan to invest $1 billion in Nigeria in the next five years testifies to the possibilities in the economy despite challenges, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this Monday evening at the 70th anniversary gala of the Nigerian Bottling Company (NBC).

According to the Vice President, “your ongoing investment in the country, which I am told will be in the order of $1billion in the next five years, testifies to your faith in the possibilities of Nigeria.”


“And you can rely on the partnership of the Nigerian government, (and i dare say the Nigerian people too) as you make these great strides,” Prof. Osinbajo assured.

While narrating his personal and family stories about drinking Coke, including how he drank two bottles of Coke a day up until 2017, the Vice President reiterated that the Buhari administration’s commitment to “creating an environment that allows the private sector innovate and thrive remains active and sincere, despite the challenges.

“And we will continue to work with businesses across the broad spectrum of our dynamic economy to ensure that we do this with a clear view of the opportunities and problems of the day.”

Prof. Osinbajo further stated that in the 70 years that the company has operated in Nigeria, it has demonstrated “commitment to the Nigerian people with repeated investments, in the building of production facilities across the country, in creating thousands of jobs but also in your active support of every aspect of our national life, from health to education, from women and youth empowerment to sports. All done with conscious respect for the environment.”

Continuing, Prof. Osinbajo said “I think it is fair to say that the commitment has been met with the enthusiastic patronage of generations of Nigerians; families who have been supported by the stable careers of staff who have grown with the company through the years.”

He explained that “young people who have found successful careers in sports and entertainment inspired by your support; consumers from Lagos to Kano, Rivers to Plateau, linked by distributors in every region of the country, who have built enduring businesses getting Coca Cola into the hands of millions; a robust value chain that includes service providers and marketing agencies, creators of the iconic Coke adverts that have formed part of our individual and collective memories all these years.”

The high point of the event was the presentation of awards to distinguished staff and partners of the company across the country.

On his part, Board Chairman of NBC, Amb. Segun Apata recalled the company’s growth and contribution to the economy and noted that the company will continue in its 70 years tradition of investing in the economy as well as impacting its host communities through several initiatives, especially for the youths.

Nigerian Bottling Company also known as NBC was incorporated in 1951 but started production in 1953 at the basement facilities of the mainland Hotel, owned by Leventis Group, producing Coke licensed by the Coca Cola Company.

The gala night was also attended by the Deputy Governor of Lagos State, Dr. Obafemi Hamzat.


Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
November 23, 2021

Me sabi say for the last 10 years I never taste original Coca-Cola product anymore

Omicron007:


Errand Boy Osinbajo.

I thought the time has come to send him to the market to continue sharing One Thousand Naira under the guise of TraderMoni.

The man your father has been praying and fasting to be like

Trojan horse... Let us learn from Mexico(Largest consumer of soda) where bottled water is quite more expensive compared to soda.

.

treesun:


Just a promise that at the end of the day common people will not feel the effect much!

The common people will feel this kind of investment! That money will include buildings and equipment installation. So common people will be employed as masons, Welders, carpenters etc.
It how else do you think common people will feel this investment?

mfm04622:
The common people will feel this kind of investment! That money will include buildings and equipment installation. So common people will be employed as masons, Welders, carpenters etc.
It how else do you think common people will feel this investment?

And Coca-cola will take $1.3bn out of Nigeria as revenue (and a further $300m every year, based on their 30% ROI). This will be distributed to their shareholders as dividends, to the US government as income tax, wonderful pay packages for the company's officers, and nice upgrades to the headquarters in Atlanta.

Not saying it's not a good investment. I'm just also pointing out that income for one's investments come from someplace. FDI should really be called "Foreign Wealth Extraction".

COMPAQ:
This investment is all well and good, but Nigeria needs more real manufacturing investment. Not investment in soft drinks, beer and cigarette that will kill our 200m people and give us health problems in the future.

We need to also see $1bln investment in solar and wind farms, white products manufacturing (ac,s, fridges, freezers, washing machines, etc) solar panels, etc

Right you are. Our government should be pushing for these kinds of investments you've listed... but apparently sugar water is OK too. And the irony is that with 30% ROI (typical for Coca cola), they will take out $300m out of the Nigerian economy as profit. After 3 years, they've recovered their investment, and for the next 15-20 years, will be drawing out an increasing amount of money and sending it back as dividends to shareholders and income tax to US.

My buroda, you get eye see o. Not like the rest of us wet dey celebrate crumbs.

The water, sugar and cocoa companies have never made any significant investments in Africa. Indeed, they make less investments today than they did when they were paying tax to colonial masters.

In the first place African countries do not know how much profit they make. Same with Oil companies.

It is worse today than colonial days because their African Executives cater to foreign shareholders and launder money out as kickbacks to hide profits .

Check Ghana forensic analysis of chocolate profits for the amount that got to African countries.

So if monkey dey work and bamboo dey chop, if both are happy, weytin be your own biz?

COMPAQ:


This investment is all well and good, but Nigeria needs more real manufacturing investment. Not investment in soft drinks, beer and cigarette that will kill our 200m people and give us health problems in the future.

We need to also see $1bln investment in solar and wind farms, white products manufacturing (ac,s, fridges, freezers, washing machines, etc) solar panels, etc

When I relocated to The UK, I tasted their own Coca-Cola its tasted different from our own, I knew Nigerians were drinking Typhoid

nextstep:


And Coca-cola will take $1.3bn out of Nigeria as revenue (and a further $300m every year, based on their 30% ROI). This will be distributed to their shareholders as dividends, to the US government as income tax, wonderful pay packages for the company's officers, and nice upgrades to the headquarters in Atlanta.

Not saying it's not a good investment. I'm just also pointing out that income for one's investments come from someplace. FDI should really be called "Foreign Wealth Extraction".

Blame Nigerians for not investing in their own country! Nobody stopped Nigerians from investing in what Americans, Europeans, Lebanese and other Asians come to Nigeria to invest in and afterwards pack our foreign exchange to their country

I oppose this because their operations are bad for the environment as well as their products bad for the human body. They taste amazing, though, I will admit that.

Mainland hotel close to iddo house, where they sanctify new coca cola staff.

mfm04622:


The common people will feel this kind of investment! That money will include buildings and equipment installation. So common people will be employed as masons, Welders, carpenters etc.
It how else do you think common people will feel this investment?

How many Coca cola plants do you have in Nigeria? What you have around are depots. Just defending for defending shake.

treesun:


How many Coca cola plants do you have in Nigeria? What you have around are depots. Just defending for defending shake.

I know of 2 Coca Cola plants in Nigeria. One in Lagos and another in Kano. What is there to defend? Coca Cola said they want to invest in Nigeria, what is there to defend? Or are you saying we should stop the investment?