- The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has commended the Coca-Cola System in Nigeria, which includes Coca-Cola Nigeria Limited and its authorized bottler, Nigerian Bottling Company (NBC), for its significant contribution of over $1.5 billion to Nigeria’s economic value chain.
- The hub, which can process up to 13,000 metric tonnes of plastic bottles annually, is a landmark initiative that supports the company’s sustainability goals and aims to serve as a comprehensive solution for plastic waste management in the region.
The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has commended the Coca-Cola System in Nigeria, which includes Coca-Cola Nigeria Limited and its authorized bottler, Nigerian Bottling Company (NBC), for its significant contribution of over $1.5 billion to Nigeria’s economic value chain.
Eko Hot Blog gathered that this investment, which includes plans for an additional $1 billion over the next five years, aligns with President Bola Tinubu’s administration’s eight-point agenda and reinforces Nigeria’s position as a preferred investment destination for foreign investors.
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Dr. Oduwole made these remarks during the official commissioning of a state-of-the-art packaging collection hub in Apapa, Lagos, established by the Coca-Cola System in Nigeria.
The hub, which can process up to 13,000 metric tonnes of plastic bottles annually, is a landmark initiative that supports the company’s sustainability goals and aims to serve as a comprehensive solution for plastic waste management in the region.
The FMITI minister stated: “The launch of the Coca-Cola System’s packaging collection hub is a significant step forward in our collective commitment to sustainability, economic growth, and environmental responsibility in Nigeria.
“The Coca-Cola System for its vision and investment in the project shows its commitment to Nigeria’s economy, environmental sustainability, and community development, which aligns with the administration of Bola Ahmed Tinubu’s broader vision for a prosperous and self-sustaining nation.”
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Also speaking during the commissioning, Lagos State Governor, Babajide Sanwo-Olu, who was ably represented by the Special Adviser on Circular Economy, Mrs. Titilayo Oshodi, explained that the new facility was a symbol of progress.
