₦airaland Forum

moscobabs:
shut up?

who else if not you his brothers?

na FG threw the explosion?

I have been saying it and will continue saying it that the enemies of Igbo are igbo.

truth is bitter

AbiaOnline:
Company Name: Golden Guinea Breweries Plc

Head Office, Aba Road, Afara Layout, Umuahia.
Abia State.

Date Listed on the Nigerian Stock Exchange: 1st Jan 1979

Directors: Chief . C. Onyearugbulem - (Chairman)
Mr. I. G. Idika (MD/CEO)
Mr. J. A. Alumonah
H.R.M. Eze Nwabiaraije Eneogwe
Dr. N. C U. Okoro
Chief A. U. Nsofor
Mr. T. T. Mirilla
Mr. U. U. Nwafor
Mr. O. N. Ndukwe
Mr. E. E. Uhiara
Company SecretaryMr. Udo Ogaranya

Auditors: Akintola Williams Deloitte
(Chartered Accountants)
Plot 129A Ikenegbu Layout,
Owerri, Imo State

The company produces Golden Guinea beer.

Golden Guinea was originally named Independence Brewery Limited, the location was chosen due to the importance of water which led to the selection of a site in Umuahia, the town of the regional premier, Dr. Michael Okpara. Production started in 1963 with an annual capacity of 1 million gallons. The company introduced Eagle Stout to the market in 1967 but between 1967 and 1970, further production was hampered by the Nigerian Civil War. In 1971, the company changed its name to the current one Golden Guinea Breweries. In 1975, the company was revamped and an extension was built by the German firm Coutinho Caro which later participated in an equity offering issued by the firm.

Production at the brewery was hampered by a fire incident in 2003 but recent attempts have been made to resuscitate the firm. The company holds franchise rights to produce and market Golden Guinea Beer, Holsten Brewery's Bergedorf premium lager beer and Bergedorf Malta in Nigeria.

Majority shares in the company were later purchased by Pan Martine Investments Ltd promoted by Mr. Okey Nzenwa from Mbaise in Imo State.

Mr. Nzenwa then set about resuscitating ailing company. His company replaced the burnt boilers and proceeded to install an entirely new line of production making Golden Guinea the company with the most modern brewery in West Africa.

However, due to the financial crisis of 2015 and the skyrocketing cost of the dollar, the company ran into problems actuated by the cost at which needed equipments were invoiced and the prevailing cost of FOREX at the time of payment and delivery.

The crisis affected the ability of the company to meet projected resumption timelines.

The company needed more funds to complete its retooling works and because of its existing debt exposures, lenders were wary. Events ground to a halt.

Thus was the state of affairs until the Governor of Abia State, Dr. Okezie Ikpeazu decided to lead a drive to resuscitate all moribund industries in Abia State irrespective of ownership.

It bears stating that almost all the industries in Abia State hitherto owned by Government have been privatised preceeding the assumption of office of Dr. Ikpeazu as Governor.

Leveraging on the solid relationship he had built with the Federal Government, Dr. Ikpeazu took Mr. Okay Nzenwa to Vice President Yemi Osinbajo where the promoter of Golden Guinea stated his case and explained how macro-economic policy of the Federal Government affected his investment and have hampered his ability to raise new funds to restart the company.

The Vice President graciously approved the request of Mr. Nzenwa for Federal Government lending institutions to grant him facilities.

Today, Nigerian Export Import Bank (NEXIM) have granted Mr. Nzenwa a facility of $10M (N3.6B) while the Bank of Industry have also pitched in with an Economic Revival Facility.

These new funds have granted a new lease of life to the company and installation works have resumed in earnest.

In the next couple of months, barring new untoward developments, Golden Guinea Breweries Plc, Umuahia will be reopened to the public.

More updates will be provided as developments unfold.

Sam Hart

jimrog:
They don't...are u saying those that killed priests and members in church stayed there and occupy?

jimrog:
But is there any land usurper? This ppl attack and run. They don't stay and host their flag like bokoharam na..

Alariiwo:
Same way Northerners will mobilize against any SE candidate running for presidency in future..

Karma will show you lots pepper.

surgical:
But all this were for told before 2015 but people were deceived that it was hate speech but sadly everything have come to past now,just like 2015 people are been warned not to return this vampire come 2019 lest they become one of his victims, if you think its Impossible ask dino, he was once an ardent supporter, I believe he is wiser now, by 2019 he will not need reelection again, I leave the consequences of his reelection to your imagination.

Okoroawusa:
Nna,ya gazie


Odiro easy mana eweputagom onwem iru ya.
NdiIgbo g'agbambo nodu niru ihe ana eme n'Nigeria.

Oge "onwu-onwu" na "egbu anyi,egbu anyi" agafego


Igbo gadi

linuxuser:
Obedience is better than sacrifice. Like the post above said, you were forewarned but sad to say that people have to carry their cross.

Okoroawusa:
Nna,kedu nke melu last?

Okoroawusa:
I Love this man

Bede2u:
he means why cant Abia govt build infrastructure at par with Anambra since both got the same money

sujexy:
which part of IMO are you from?
Igbo wannabe

sinkhole:
The guy na professional commenter

hisgrace090:
Why is abia state so back word despite it position in Nigeria?

Just look at the anambra giant stride a state almost at per with abia state.

Nwadiuto247:
We dont need to worry ourselves about those of them in the SS who deny being Igbo They need us more than we need them For them to win anything in Nigeria they need us .
For Secondus to win the PDP Chairmanship Wike had visit south east states to plead for their support.

We have 15 senators and over 30 house reps members from the SE while the igbos in the south south dont have up to 5 senators or 10 house of reps members
Those of us living in South south states are not getting anything free. We pay for our shop rent we buy their lands to build our house, we pay government levies so what are they doing for us that will make us worry about them being our brothers? Pls leave those of them who said they are not Igbos to pls go their way. We dont care about them. We can only care and embrace the ones that are proud of their Igbo Identity.

Bakrabas:
Unbelievable Buhari

[s]Many people are saying the Dapchi saga is UNBELIEVABLE. Well, I go with them. Everything about Buhari has been unbelievable for a very long time.

Even history accords him that UNBELIEVABLE respect.

It was unbelievable when PMB killed Maitatsine terrorism in 1980

It was unbelievable when he killed Makiniki at the Cameroun border in 1981

It was unbelievable when he built our first set of refineries as Petroleum Minister

It was unbelievable when he won the 2015 presidential election

It was unbelievable when he silenced IPOB

It was unbelievable when we stopped hearing of Niger Delta militants

It was unbelievable when he reduced and decimated boko haram to soft target attackers

It was unbelievable when fuel queues disappeared in the face of sabotage and excessive profiteering besides fraudulent subsidy regimes.

It will still be UNBELIEVABLE when Nigeria will stop importing refined products with the full operation Dangote Refinery and other modular refineries across Nigeria.

And it will still be UNBELIEVABLE to many wailers and enemies of Nigeria that Buhari will win 2019 Presidential election in a landslide victory.

I call him Mr UNBELIEVABLE.

Why do I call him MR. UNBELIEVABLE?

-Shortly after he resumed office, they sponsored Avengers to halt oil business(Country's major income), he tackled them.

-They later sponsored IPOB secessionists, he silenced them

- Being the promoter of farming, they bought, hoard and even destroyed the farm products after the harvest, to create hunger in the land and ignite civil uproar, but he invested more in farming to bridge the gap they have created

-They made an attempt on his life, put poisoned-gas in his office air conditioning system, but God Helped, healed and returned him back home, after months.

-They ganged up with some people in the NASS to scuttle all progressive bills and laws in order to make him bow, he remained resolute.

-They used all sorts of characters in the NASS including the "common sense" senator to ridicule him and distract him, he remained indifferent.

-They imported, smuggled deadly-weapons and sponsored killings, and internal crimes to tarnish his government, he squared up their effort and keep beating them.

-They took false campaign of calumny against him to foreign countries, in return he gets more support and encouragement from international world.

They even attempted pitch him against his friend Tinubu, but the Ashiwaju is a wise man, and politically savvy. He disappointed them.

-They resolved to begging him not to contest again, he left them in tenterhook and suspense.

-Now they knelt down and beg military to take over. He smiled. When you hear these people crying, please note that Nigeria is progressing, and getting off its hook. They prefer anybody apart from him, they presented/suggested many options within their circle. As they create the distractions and the sabotage, he remains resolute, focused, determined, calculative and committed to the welfare and well being of his country masses.

Buhari all the way

©Frank Ofili[/s]

(Please share)

mansamusa08:
Of cause yes! In other climes where human life is valued, he would have been serving his Jail term.

lastmessenger:
Let me tell you my brother if a state sponsored killings in the proportion of the Benue states level is experienced in the south east,I can assure you that there will be a corresponding counter reaction by the locals. What ever be the result of the counter reaction is left for the future to decide. Igbo land once fought a civil war and are still ready to fight another civil war.

mansamusa08:
Was this not the same man that supervised NIS recruitment where scores of Nigerian graduates died in a stampede.
His response was " Nigeria youth are impatient ".

Odingo1:

It cannot happen in a mass scale in Igboland, that is not possible the way it is happening in Middle belt, there will be another civil war.

This is not boasting but a reality, the core north know it and will never try it.

An Igbo nation cannot fold their hands and die like chiken at the hand of state sponsored terrorist, the people that is wielding the gun are your fellow human beings, they don't have two heads even the army.

Odingo1:
Mocking them is bad but coming to Igboland after middle belt is not their target because they fear Biafra restoration, Igbos have already fought and rebrate their land from conquest, their target is middle belt and South West.