NNPC

NB invests N56bn in Ama breweries expansion

a week ago | 137


Nigerian Breweries (Photo. thisdaylive.com)
Nexim
NCC

NIGERIAN Breweries (NB) Plc has invested N56 billion into Ama Breweries, Enugu as part of its expansion plan.

In a statement, Chief Executive Officer, Heineken, Mr. Dolf van den Brink, said that the investment in Ama Breweries is a further demonstration of the long-standing history and relationship between Heineken and Nigeria, which dates back to 1946.

Speaking at the commissioning ceremony, Governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, said that the apex bank would continue to come up with policies that would improve the non-oil sectors of the economy as a means of cushioning the impact of the global shock on the Nigerian economy.

He added that CBN remains committed to collaborating with the company in the collective quest to increase the contribution of the non-oil sector to Nigeria’s GDP.

Ugwuanyi stated: “When completed, this project would enhance the industrial growth of Enugu and Nigeria while improving the company’s market share.”

(Vanguard)

KN

- May 09, 2022 @ 12:08 GMT |

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