Coca-Cola Hellenic Bottling Company plans to invest $1 billion in Nigeria over the next five years to expand its operations.
This investment aims to enhance production capabilities and distribution networks, reflecting the company’s commitment to growth in the Nigerian market and its potential for increased demand.
This disclosure was made by the Chief Executive Officer of the company, Mr Zoran Bogdanovic during his visit to President Tinubu where he announced the company’s $1 billion investment plan in Nigeria over the next five years.
He emphasized the company’s long-term commitment to the Nigerian market and its focus on expanding operations and production capabilities
According to a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Coca-Cola highlighted its significant impact in Nigeria, generating approximately N300 billion in annual revenues and returning N90 billion to the government.
This underscores the company’s vital role in the Nigerian economy and its commitment to sustainable growth.
