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Tuesday, March 21, 2023

Osinbajo Hails Coca Cola’s Planned $1billion Investment in Nigeria

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Vice President, Yemi Osinbajo (SAN), has said Coca Cola’s plan to invest $1billion in Nigeria in the next five years testifies to the possibilities in the economy despite challenges.

Prof. Osinbajo stated this Monday evening at the 70th anniversary gala of the Nigerian Bottling Company (NBC).

According to the Vice President in a statement by his media aide, Laolu Akande, “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.”

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