₦airaland Forum

SmartMen:
You should be the one to go away cos I don't see what you have added to this thread aside to support a failed government that takes pride in undermining her citizens economically... Which is what Omotola has kicked against.

Any way, you should justify your pay.

Nigeria’s Golden Guinea Breweries reopens operation after US$9.98m investment

April 15, 2019 Food Business Africa


NIGERIA – Golden Guinea Breweries Plc, a beverage manufacturing company in Nigeria has re-opened its plant following a US$9.98 million (N3.6bn) cash injection to rejuvenate the brewery.

According to a Beverage Industry News report, production operations in the firm were cut short in 2003 which has since then been engaging in efforts of bringing back the brewer to life.

The brewery, which has been dormant for 17 years, reopened after receiving a loan facility of US$9,98 million from the Federal Government through the Nigerian Export-Import Bank (NEXIM) and the Bank of Industry (BoI) in April last year.

The investment has enabled the firm to double its processing capacity through installation of new equipment to a current operating capacity of 48,000 bottles per hour equivalent to 1.15 million bottles per day.

The producer of Eagle Stout and Bergedoff Lager holds the franchise rights from German-based Holsten Breweries to produce and market Golden Guinea Lager, Bergedorf Premium Lager and Bergedorf Malta in Nigeria.

Initially, the firm held the majority shares in the company but were later acquired by Pan Martine Investments Ltd promoted by Mr. Okey Nzenwa.

John Okiyi Kalu, Abia state commissioner for information, who had visited the plant said that the brewer is set to commercialise its operation by the end of the month.

“While we applaud the doggedness and hard work of the private sector owners of the company who worked day and night to bring back our favorite brewery and sustain Dr Okpara’s dream of a fully industrialized South East, the significance of the return of Golden Guinea is also not lost on us.

“The Ikpeazu-led administration is determined to support private sector organizations to create as much jobs as possible in the state to take care of the current and future employment needs of our brilliant graduates,” he said.

Golden Guinea originally commenced business in 1963 as Independence Brewery Limited with an initial annual capacity of 1 million gallons of beer.

Since then, the company has subsequently grown its portfolio from Golden Guinea to Eagle Stout, Bergedorf Premium Lager and Bergedorf Malta among others

The company has also undergone major facelift propelled by its German partner, Coutinho Caro (which later participated in an equity offering issued by the firm).

https://www.foodbusinessafrica.com/2019/04/15/nigerias-golden-guinea-breweries-reopens-operation-after-us9-98m-investment/

SmartMen:
You should be the one to go away cos I don't see what you have added to this thread aside to support a failed government that takes pride in undermining her citizens economically... Which is what Omotola has kicked against.

Any way, you should justify your pay.

SmartMen:
omotola is ipob

BigIyanga:
This stale.. GMB has been in the corridor of power since 1960s..He and Abacha introduced us to refined fuel import

Mitsurugi:
Nigeria. Someone's matter is struck out... she's not been convicted and you're seated comfortably at your keyboard calling her a criminal. Do you like the many ignorant like you even know the meaning of that word?

Focusmind:
Here we go again. Nobody is denying the fact that iron mesh is not used in other parts of the world. Most times, it is used in low density areas and not in a high urban centers where traffic - both human and vehicular are much. The picture you posted showed were they were used in an express way and low density area. See how scanty the area in the picture you posted looks.

Compare it to Lagos, where population density is high, with street hawkers everywhere and unruly commercial bus drivers. You need to up your game and ensure that whatever material you are using in those areas could withstand human interference. These are all factored in engineering process.

See another express with wrought iron

RTSC:
You go cry blood.

Dirty osogbo man. The only thing we hear from them is Lagos, when the rest of your shitt hole is replete with backwardness.

https://www.shell.co.uk/motorist/station-locator/_jcr_content/pagePromo/image.img.960.jpeg/1501246130050/shell-gas-stations-front-let.jpeg


Shell to invest $15 billion in Nigeria's oil and gas industry


By SOLAPE RENNER on 4/7/2019


LAGOS (Bloomberg) -- Nigeria will get a large oil and gas investment from Shell Petroleum Development Company in the amount of about $15 billion, according to the Lagos-based newspaper ThisDay, citing managing director of the unit, Nosa Okunbor.

The company operates under a joint venture between the Nigerian National Petroleum Corporation, Royal Dutch Shell Plc, Total Exploration and Production Nigeria Ltd. and Nigerian Agip Oil Company Ltd., according to its website. Shell has a 30% stake in the business.

Click here to read about Nigeria's oil-rich Bayelsa State opens inquiry on spills

The projects earmarked for investment will include deep offshore, shallow water, swamp and land terrain, the newspaper reported.

Shell has also taken a final investment decision regarding the 300 MMsf3/day Assa North Ohaji gas project, which is expected to generate 1,200 megawatts, said Okunbor.


https://www.worldoil.com/news/2019/4/7/shell-to-invest-15-billion-in-nigerias-oil-and-gas-industry

Wiseandtrue:
Please correct me if I am wrong, what is INEC's business with Atiku's lawyer

Are they now Buhari's lawyer

How such a body can even organise a credible election is beyond me.

Dannyset:
One serious and very glaring problem of Atiku is that he is very dumb One time, someone is scamming and collecting money from you that he has access to INEC server where results(not accredited voters) are transmitted in the guise of a whistle-blower, and another time somebody is deceiving you to pay thousands of dollars to firms to recognise you as Cameroonian President. Meanwhile, one short Secondus is at one corner chopping things and this man dumbness keep skyrocketing.

And some people voted this dumbass?

wingmanII:
Trash! You obviously know nothing about Rivers state. Confine your hollow analysis to Lagos and which ever backyard state you come from.

CyynthiaKiss:
Maybe those that are criticizing Nnamdi Kanu want him to turn to gay like thèse below.. All from a particular group . (Yorob muslin)
That is what they adore and worship... If not why would Yoruba Musliñ worry about what husband and wife do in their bedroom ?

As usual, Yoruba people and Tinubu are always responsible for your village stupidity and mediocrity, even when your village albino terrorist clown now a cheap and bootlegged porn star peddled porn video on the internet.


How sad

NgeneUkwenu:
About 5 of the 7 first comments on this thread, are all the same person. Reno Omkri has about 20 handles on Nairaland.

degamemaster:
...Says a deluded stinking zombie.

NaijaFutbol:
We are in 2019 and some people are brandishing 2016 data in defense of looting via solid minerals mining.

Cement constitutes 70% of the revenue. So N30.2bn of this meager annual returns declared actually came from cement. So na only N3bn other solid minerals contribute to Nigeria’s sharing formula?

Even 1/3 of solid mineral revenue come from southwest.

No “joint venture mining in Nigeria”.

No “all solid minerals belong to federal government”.

Anyway, let the stealth miners continue to enjoy their banditry

rhektor:
Throwing tantrum is what these fools are calling intelligence, who bewitched you guys sef? The idiot refuse to address the issue raised he instead dodged it and throw tantrum. When did insulting people online become a measure of intelligence? You guys need psychiatrist