January 5, 2025
Coca-Cola announces $1bn investment plan in Nigeria
Business News

Coca-Cola announces $1bn investment plan in Nigeria

Coca-Cola announces $1bn investment plan in Nigeria
Coca-Cola announces $1bn investment plan in Nigeria

Coca-Cola Hellenic Bottling Company says it will invest $1 billion in Nigeria over the next five years.

The announcement was made during a meeting with Coca-Cola’s global leadership team, which included John Murphy, its President and Chief Financial Officer, and Segun Apata, Chairman of Nigerian Bottling Company.

Also Read: WTO D-G Says Nigeria Must Diversify To Attract Investment, Boost Trade Surplus

President Tinubu, in a statement by Bayo Onanuga, his Special Adviser on Information & Strategy, commended Coca-Cola for its long-standing partnership with Nigeria and for employing over 3,000 people across nine production facilities. 

He said the investment highlights his administration’s commitment to creating a robust financial system and a business-friendly economy.

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