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Nairaland Forum / Nairaland / General / Politics / Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria (14497 Views)
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Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by presidency: 11:36am On Nov 23, 2021 |
*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 10 Likes 2 Shares
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Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Baawaa(m): 11:37am On Nov 23, 2021 |
Coca cola that is giving us water,colouring and sugar as soft drink,there is God oooo 14 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by NwaNimo1(m): 11:38am On Nov 23, 2021 |
68 Likes 2 Shares |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by treesun: 11:39am On Nov 23, 2021 |
presidency: Just a promise that at the end of the day common people will not feel the effect much! 1 Like |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Nobody: 11:48am On Nov 23, 2021 |
Audio investment 13 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by BigSarah(f): 11:50am On Nov 23, 2021 |
Not a fresh investment, cumulative. |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by BlackfireX: 11:53am On Nov 23, 2021 |
House boy feeling funky... 13 Likes 2 Shares |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Omicron007: 11:59am On Nov 23, 2021 |
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. 10 Likes 3 Shares |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by merits(m): 1:45pm On Nov 23, 2021 |
i pray so. |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by WiszyFraud: 1:45pm On Nov 23, 2021 |
Did you know?? You learn a lot about people when they don’t get what they want from you. 6 Likes |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Brendaniel: 1:46pm On Nov 23, 2021 |
Aaaaaahhhh! na wa!! |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by WibusJaga: 1:46pm On Nov 23, 2021 |
Don't like hailing any plan again until I see it actualised, especially with this present government that has failed us severally on their promises. 5 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by hibeebeeking: 1:46pm On Nov 23, 2021 |
That's good for the Sugar consumption family. 3 Likes |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Nobody: 1:46pm On Nov 23, 2021 |
Baawaa: Well, that is what soft drink is worldwide... and you don't have to drink it anyway. It's sugary poison. 7 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by BigDawsNet: 1:47pm On Nov 23, 2021 |
I'm yet to see any Multi billion dollars proposed investments that makes an average Nigerian smiles... It's like las Las benefit goes to some set of few people...so we are not really excited about anything here.... In short! It doesn't change anything in the Market for common nigerians 5 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Torosk1(m): 1:47pm On Nov 23, 2021 |
Una go chop inside naa Thieves 5 Likes 1 Share
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Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Finewarriboy: 1:47pm On Nov 23, 2021 |
Hmm. Coca cola needs to give me Award o, i consume at least four plastic coke daily... Yeah I know the sugar ain't healthy but i have health related issues so i need my coke daily to live too. For like 11 years now, even my blood go don turn to coke now. Please don't quote me to give me advise on diabetes or health issues. 2 Likes 1 Share |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by zoedew: 1:47pm On Nov 23, 2021 |
Many mouths here drink Coca-Cola in a largely unregulated beverages industry and market. That's the attraction for Coca-Cola.They make more money here. Dideolu and Faderera tins. Who know knows. 2 Likes 2 Shares |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by bigdammyj: 1:48pm On Nov 23, 2021 |
Noted |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Murio001: 1:48pm On Nov 23, 2021 |
I hope it won't affect the price. |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by IKBARUTEN11(m): 1:49pm On Nov 23, 2021 |
#Teamcoke# |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Jemmysax(m): 1:49pm On Nov 23, 2021 |
Issorite. We dey wait |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Optimistguy1969: 1:49pm On Nov 23, 2021 |
Yeye government 1 Like |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Laggafin: 1:49pm On Nov 23, 2021 |
All dis one knows how to do is to speak English and be hailing.. |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by Ebunoluwa2020(f): 1:49pm On Nov 23, 2021 |
This is highly impressive 1 Like |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by juniorstar(m): 1:50pm On Nov 23, 2021 |
presidency:Am addicted to coke was my food in the exam hall for the whole 2 weeks during my final exam as I was getting dizzy and my hands started arching it was my life saver. But I noticed that the coke we drink here and the one abroad no be the same even some type of coke dey wey I never see for naija.. why is dat? 1 Like |
Re: Osinbajo Hails Coca Cola's Planned $1bn Investment In Nigeria by DUNDEEMASTER(m): 1:51pm On Nov 23, 2021 |
zoedew:I de tell you...coca cola wea don get plenty immitation for market lately.. |
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