₦airaland Forum

attackgat:
I wonder why people refer to it as as Peter Obi's Brewery when Obi's does not own a single share in the Brewery? Obi's only used Anambra State money to buy 15% stake in the business

For those who don't know, International Brewery, Onitsha, formally known as SABmiller Brewery, was inaugurated by Peter Obi. The company brews the famous Hero Beer, Eagle Stout, Eagle Malt, Trophy Beer etc

This company has created hundreds of jobs for Anambra people, and had a turn over of nearly 500 billion Naira in 2024

Think about that next time you call it 'Peter Obi's Brewery'

attackgat:
I wonder why people refer to it as as Peter Obi's Brewery when Obi's does not own a single share in the Brewery? Obi's only used Anambra State money to buy 15% stake in the business

For those who don't know, International Brewery, Onitsha, formally known as SABmiller Brewery, was inaugurated by Peter Obi. The company brews the famous Hero Beer, Eagle Stout, Eagle Malt, Trophy Beer etc

This company has created hundreds of jobs for Anambra people, and had a turn over of nearly 500 billion Naira in 2024

Think about that next time you call it 'Peter Obi's Brewery'

Bobodee09:
Blame obi for that.

He made it look like it was his own government project...he even had the sitting president come inaugurate it.


He invested anambra state money in a company his family have shares....trust me where you people call saner clime he would be jail for that.

gidgiddy:
It's a listed company, anyone can buy shares in it, even you

DomPerignon:
And Obi owned a personal chunk of that company and abused his influence as governor to divert state funds meant for state projects into it

It's called : conflict of interests and diversion of state funds.

attackgat:
I wonder why people refer to it as as Peter Obi's Brewery when Obi's does not own a single share in the Brewery? Obi's only used Anambra State money to buy 15% stake in the business

For those who don't know, International Brewery, Onitsha, formally known as SABmiller Brewery, was inaugurated by Peter Obi. The company brews the famous Hero Beer, Eagle Stout, Eagle Malt, Trophy Beer, etc

This company has created hundreds of jobs for Anambra people, and had a turnover of nearly 500 billion Naira in 2024

Think about that next time you call it 'Peter Obi's Brewery'

gidgiddy:
Not possible. International Breweries in owned by Inbev, a Belgium company

In other for Obi to even own a significant part International Breweries, he would have to own the parent company Inbev, based in Belgium

The only thing Obi did was buy 15% stake in the Brewery for the government of Anambra

gidgiddy:
It's a listed company, anyone can buy shares in it, even you

attackgat:
I wonder why people refer to it as as Peter Obi's Brewery when Obi's does not own a single share in the Brewery? Obi's only used Anambra State money to buy 15% stake in the business

For those who don't know, International Brewery, Onitsha, formally known as SABmiller Brewery, was inaugurated by Peter Obi. The company brews the famous Hero Beer, Eagle Stout, Eagle Malt, Trophy Beer etc

This company has created hundreds of jobs for Anambra people, and had a turn over of nearly 500 billion Naira in 2024

Think about that next time you call it 'Peter Obi's Brewery'

yarimo:

gidgiddy:
Not possible. International Breweries in owned by Inbev, a Belgium company

In other for Obi to even own a significant part International Breweries, he would have to own the parent company Inbev, based in Belgium

The only thing Obi did was buy 15% stake in the Brewery for the government of Anambra

Firebox123:
from unverified Twitter account

yarimo:

papyjaypaul:
You didn't hear Akpabio's response to Obi in the Senate? He kept using "I". "I did this and that", as if it is his money not Akwa Ibom's. They want to gbajue by making our money look like their own.

attackgat:
I wonder why people refer to it as as Peter Obi's Brewery when Obi's does not own a single share in the Brewery? Obi's only used Anambra State money to buy 15% stake in the business

For those who don't know, International Brewery, Onitsha, formally known as SABmiller Brewery, was inaugurated by Peter Obi. The company brews the famous Hero Beer, Eagle Stout, Eagle Malt, Trophy Beer etc

This company has created hundreds of jobs for Anambra people, and had a turn over of nearly 500 billion Naira in 2024

Think about that next time you call it 'Peter Obi's Brewery'

DomPerignon:
And?

Did Akpabio the he used his personal money ?

Besides, Akpabio has tonnes of legacy projects he ought to boast of.

Which one does Obi have other than this brewery which only last week some of you were saying a brewry investment was better than Solodu commissioning roads , a recreational park and a new government complex.

Why are you guys now desperately trying to dilssociate Obi from his brewry investment that he and you his zombie followers have been using to campaign for him?

DomPerignon:
And Obi owned a personal chunk of that company and abused his influence as governor to divert state funds meant for state projects into it

It's called : conflict of interests and diversion of state funds.

DomPerignon:
Illiterate.

Most multinational brands have to have local partners in Nigeria .

That's the law.

To persuade the investors to site their brewry in Anambra, obi not only gifted them land , offered them tax breaks but also invested state funds into it while holding a retaining share of his own.

sreamsense:
So, is this the company that fed ipob drunk to the extent of carrying guns to kill their Igbo people and use Igbo virgins for ritual? One day, police caught many ipob at a beer parlour early in the morning in of the police raids against ipob. Will ipob insanity have increased if there is no such international alcoholic company in Anambra state?

gidgiddy:
It's a listed company, anyone can buy shares in it, even you

Streetinvestor2:
Do you know the said brewery has been in illesha,osun state since 1971.So who made that possible

9jatriot:
The funniest thing is that Akwa Ibom also has a stake in a brewery also but because they have a lot of other tangible things to show as development infrastructure, they rarely mention it.

Everyone has heard that Obi invested (many wrongly assume he built one) in a brewery because with nothing else to show for the money that accrued to the state, this is the only thing he can point to.

Bobodee09:
Well I obviously wrote he invested state money in a company were is family have shares.


That is clearly abuse of power and it never allowed.

DomPerignon:
Liar.

The brewry was built by a South African firm SAB Miller before they sold it off to it's current owners and exited Nigeria.

9jatriot:
The funniest thing is that Akwa Ibom also has a stake in a brewery also but because they have a lot of other tangible things to show as development infrastructure, they rarely mention it.

Everyone has heard that Obi invested (many wrongly assume he built one) in a brewery because with nothing else to show for the money that accrued to the state, this is the only thing he can point to.