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NBC invests N1.83trn in Nigeria

By Princewill Ekwujuru
Nigerian Bottling Company, NBC Limited,   said it has invested $600 million (about N1.83trillion) in the Nigerian economy over the last six years.

The company also disclosed it plans to empower five million women under its distributors’ scheme by 2020.

The Managing Director of the company, George Polymenakos, disclosed this at an interactive session with newsmen in Lagos.

He stated: “NBC is continuously making major investments and upgrading its systems, including our human capital to drive world class operations. Over the last six years, NBC has invested over $600m as part of the company’s transformation journey to drive world class standards in its operations. As NBC continues to pursue excellence in its operations, people and systems, so much is being invested to transform our business, to better satisfy our market and loyal consumers.”

Also Speaking, Sade Morgan, Legal, Public Affairs and Communications Director, stated: “Over the last 65 years, NBC has established itself as a key player in the Nigerian non-alcoholic beverage industry. The company has remained strong and committed to satisfying its consumers and continues to thrive in a challenging business environment and competitive market terrain.”

According to her, a key part of the company’s sustainable growth and development agenda, is its commitment to ensure NBC is in touch with communities, partnering and collaborating with them on a regular basis. Nothing is more important and occupies the heart of our business, than ensuring that the communities we operate in are positively impacted.

“NBC is also championing and driving investment in the well-being of its communities through its intervention programs in the areas of skill acquisition and support initiatives for the youth, women empowerment and other community shared value projects, in order to leave a lasting legacy for generations to come. These projects have received numerous commendations and awards from regulators and other industry stakeholders,” she said.


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