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NB expands N18bn Aba Breweries by 50%

Nigerian Breweries, NB Plc has expanded the technical capacity of the N18 billion Aba Breweries by 50% to 2.4 million hectoliters per annum from 1.2 million hectoliters.

Speaking, President Goodluck Jonathan who was represented by the Minister of Trade and Investment Dr. Olusegun Aganga, at the commissioning of the new ultra-modern brewery expansion in Abia State, said by this, the company has restated its resolve to power and support the economic developmental goal of Nigeria with the investment of N18 billion through the expansion of the Aba Brewery.

He stated that it is also a clear indication that Nigeria and Abia State are safe for business having created over 279, 000 direct and indirect employment for Nigerians which include thousands of farmers, with 85 per cent of the employment attributed to direct production.

While commending the management of the company for its unalloyed commitment to the economy and people of Nigeria, he said: “this cannot be taken away from what contributed to the listing of the company as one of the top one hundred companies in Nigeria in 2014. The project is also a reflection of our future as a Nation.”

Also speaking, Managing Director, Mr. Nicolaas Vervelde, stated that as Nigeria’s pioneer brewing company, the commissioning is in a sense an opportunity to showcase another example of NB’s long-standing and continuing commitment to ‘Winning with Nigeria’ through “our investments, our footprint, our people and our socio-economic impact. This journey which commenced with the registration of our company in 1946 continues today with a footprint of 11 breweries and two malting plants strategically spread out across Nigeria.”

He added that “Aba Brewery commenced operations in 1957 with an initial installed capacity of 500,000 hectoliters per annum which later increased to 1.2million hectoliters per annum. The Brewery reconstruction and expansion project which began in 2012 was completed in 2014 at a cost of N18bn. It makes Aba Brewery the most modern brewery in Nigeria and simultaneously doubles the technical capacity at the brewery to 2.4m hectoliters per annum.”

He added that over the years the company has been very active in supporting Nigeria’s national development aspirations. This is exemplified by its continuous identification and response to major challenges confronting the Nigerian nation through corporate social investments, especially in the areas of education, environment, water, youth empowerment, talent development and sports, amongst others.

“Our socio economic impact report shows that in 2013 alone, the value added by Nigerian Breweries to the Nigerian Economy stood at N292 billion or 0.4 per cent of GDP. N98billion or 0.1per cent of GDP out of this stood as direct support. Our company supported 279,000 jobs directly and indirectly. More than 85% of the jobs can be directly attributed to our company’s production and local procurement activities.” Chief Jamodu added.

Remarking, the Governor of Abia State, Chief Theordore Orji, stated that the project shows a perfect partnership between the government and private investors owing to the tangible achievement of his administration in fighting insecurity in the State.

He enjoined the people of the State to continue to support the company as this expansion of their investment in the state will enhance direct and indirect employment, increase revenue generation while further assisting in the improvement of the standard of living of the people.

In attendance was a member of the House of Representative representing Aba North and South, Hon. Uzor Azubuike; Secretary to the State Government, Commissioners, Service Chiefs, Traditional Rulers and key distributors.



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