Coca‑Cola’s $1 Billion Nigeria Investment

March 15, 2024 0 45

Investment Announcement Highlights

Coca‑Cola plans to invest $1 billion in Nigeria over five years to increase production, streamline its supply chain, and train local talent—continuing a legacy of prior investments exceeding $1.5 billion since 2013.Reuters

Impact Areas of the Investment

The investment will strengthen the entire value chain, touching suppliers, distributors, retailers, and recyclers across Nigeria. As of 2024, Coca‑Cola reportedly generated around ₦300 billion in annual revenue from Nigeria and remitted about ₦90 billion in taxes
Nairametrics
Businessday NG
.

The investment pledge includes commitments to job creation—more employment across the nine NBC production facilities (employing over 3,000 people) and bolstering Nigeria’s manufacturing ecosystem

Kimono Photography is a full-service photography compa providing wedding, newborn, fashion & portfolio photograpy. Our portfolio of completed work include highly acclaimed and award-winning projects for clients around the country & globally also.

Kimono Photography is a full-service photography compa providing wedding, newborn, fashion & portfolio photograpy. Our portfolio of completed work include highly acclaimed and award-winning projects for clients around the country & globally also. Kimono Photography is a full-service photography compa providing wedding, newborn, fashion & portfolio photograpy.

Make A Comment

Close

// INSTAGRAM

7b, Lanre Awolokun Street, Gbagada Lagos

// FOLLOW US

Cart (0 items)
UP
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Additional information
Click outside to hide the comparison bar
Compare