NBC Celebrates 75 Years, Commits $1.25M to Entrepreneurs
The Nigerian Bottling Company (NBC) commemorated its 75th anniversary, marking its growth since its first production run in Ebute Metta in 1951. NBC now operates eight plants, eleven depots, and covers 52 commercial territories, contributing significantly to local economies through job creation and community investments.
Sola David-Borha, Chairperson of the Board, emphasized that the company's longevity is built on trust and sound governance. A study by Steward Redqueen revealed that the Coca-Cola system contributed approximately $1 billion in value-added economic activity in Nigeria in 2024, supporting over 160,000 jobs.
Zoran Bogdanovic, CEO of Coca-Cola HBC, reaffirmed the Group's commitment to invest up to $1 billion in Nigeria over five years, contingent on a stable business environment. Additionally, Coca-Cola HBC announced a $1.25 million commitment to support young Nigerian entrepreneurs in the hospitality and food service sectors through grants and mentorship.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
Read full article
Continue on Legit.ng
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NBC Marks 75 Years in Nigeria with $2.5M Commitment
Nigerian Bottling Company Celebrates 75 Years of Growth
Tinubu Calls for Investment at NBC's 75th Anniversary
Johnny Drille Leads Coca-Cola's 75th Anniversary Anthem
Coca-Cola Plans $1 Billion Investment in Nigeria
Coca-Cola to Invest $1 Billion in Nigeria Over 5 Years
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
