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NBC Marks 75 Years in Nigeria with $2.5M Commitment

Business
NBC Marks 75 Years in Nigeria with $2.5M Commitment

On 16 September 2026, Nigerian Bottling Company (NBC) Ltd, part of the Coca-Cola HBC Group, celebrated its 75th anniversary at the Bola Ahmed Tinubu International Conference Centre in Abuja. Senator George Akume, Secretary to the Government of the Federation, represented President Bola Ahmed Tinubu and praised the Coca-Cola system for its economic contributions.

Zoran Bogdanovic, CEO of Coca-Cola HBC, reiterated a commitment to invest up to $1 billion in Nigeria over five years, contingent on a favorable business environment, with ongoing capital deployment at the Asejire plant in Oyo State and the Challawa plant in Kano State. To commemorate the anniversary, Coca-Cola HBC Foundation pledged $1.25 million to support young Nigerian entrepreneurs in hospitality and food service through grants, mentorship, and training over three years.

Additionally, The Coca-Cola Foundation committed $1.25 million for sustainable clean water projects in Lagos and Abuja, emphasizing a dedication to community support and youth empowerment.

Plus234Feed summary based on reporting from Sun Nigeria. Read the original report below.

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