BrandArena: Nigeria Breweries Restates Commitment To Nigerian Economy, Commissions N18billion New Ultra-Modern

Wednesday, 28 January 2015

Nigeria Breweries Restates Commitment To Nigerian Economy, Commissions N18billion New Ultra-Modern

In order to reinforce its firm commitment toward the economic development of Nigeria and its people through direct investment, Nigerian Breweries Plc, foremost brewer of quality brands has commissioned the new ultra-modern Aba Brewery Expansion in Aba, Abia State. The expansion gulped N18 billion.

The event, which was also a reflection of the company’ relationship with the government and people of the State, was attended by the President, Federal Republic of Nigeria, Dr. Goodluck Jonathan, represented by Minister of Trade and Investment, Dr. Olusegun Aganga, the Governor of Abia State Chief Theodore Orji, member of the House of Representative representing Aba North and South, Hon. Uzor Azubuike, Secretary to the State Government, Commissioners, Service Chiefs, Traditional Rulers and key distributors.
(L-R) Chairman Nigerian Breweries Plc, Chief Kola Jamodu, Minister of Trade and Investment, Dr. Olusegun Aganga, who represented the President, Federal Republic of Nigeria, Dr. Goodluck Jonathan,  Executive Governor of Abia State, His Excellency, Chief Theodore Orji and the Managing Director Nigerian Breweries Plc,Mr. Nicolaas Vervelde at the Commissioning of Aba Brewery Expansion in Abia State yesterday, Tuesday.

Speaking at the event, the President, Dr. Goodluck Jonathan, disclosed that, Nigerian Brewery has restated its unshakable resolve to power and support the economic developmental goal of Nigeria with the investment of N18 billion through the expansion of the Aba Brewery. He stated that it is also a clear indication that Nigeria and Abia State is safe for business having created over 279, 000 direct and indirect employment for Nigerians which include 250 farmers.  Eighty Five (85%) per cent of this, he added, is attributed to production. He was represented by the Minister of Trade and Investment Dr. Olusegun Aganga who commissioned the plant on his behalf.

President Jonathan commended the Management of the company for the laudable project, saying this cannot be taken away from what contributed to the listing of the company as one of the top one hundred companies in Nigeria in 2014. “The project is also a reflection of our future as a Nation.” He added.

In his remarks, the Governor of Abia State, Chief Theodore Orji, stated that the project shows a perfect partnership between the government and private investors owing to the tangible achievement of his administration in fighting insecurity in the State.

He enjoined the people of the State to continue to support the company as this expansion of their investment in the state will enhance direct and indirect employment, increase revenue generation to local, state and federal governments, while further assisting in the improvement of the standard of living of the people.

In his comments, Chairman of the company, Chief Kola Jamodu, stated that the expansion project reflects the company’s bold confidence, not only in Abia State and the entire Eastern Nigeria but in Nigeria as an investment destination. “Our company started business in 1946 in Lagos as Nigeria’s first brewing company. In 1949, the first bottle of Star beer was produced. Aba Brewery was commissioned in 1957 and today starts another milestone in our company’s socio-economic developmental journey with Eastern Nigeria.”

(L-R) Chairman Nigerian Breweries Plc, Chief Kola Jamodu, Managing Director,Mr. Nicolaas Vervelde and the Corporate Affairs Adviser, Mr. Kufre Ekanem at the Commissioning of Aba Brewery Expansion in Abia State
He added that over the years the company has been very active in supporting Nigeria’s national development aspirations. This is exemplified by its continuous identification and response to major challenges confronting the Nigerian nation through corporate social investments, especially in the areas of education, environment, water, youth empowerment, talent development and sports, amongst others.

“Our socio economic impact report shows that in 2013 alone, the value added by Nigerian Breweries to the Nigerian Economy stood at N292 billion value added or 0.4 per cent of GDP. N98billion or 0.1per cent of GDP out of this stood as direct support. Our company supported 279,000 jobs directly and indirectly. The above indicated value added and employment supported by Nigerian Breweries, more than 85% jobs can be directly attributed to our company’s production and local procurement activities.”

The Managing Director, Mr. Nicolaas Vervelde, pointed out that as Nigeria’s pioneer and leading brewing company, the commissioning is, in a sense, an opportunity to showcase another example of Nigerian Breweries Plc’s long-standing and continuing commitment to ‘Winning with Nigeria’ through“our investments, our footprint, our people and our socio-economic impact. This journey which commenced with the registration of our company in 1946 continues today with a footprint of 11 Breweries and 2 malting plants strategically spread out cross Nigeria.”

He added that“Aba Brewery commenced operations in 1957 with an initial installed capacity of 500,000 hectoliters per annum which later increased to 1.2million hectoliters per annum. The Brewery reconstruction and expansion project which began in 2012 was completed in 2014 at a cost of N18bn. It makes Aba Brewery the most modern brewery in Nigeria and simultaneously doubles the technical capacity at the brewery to 2.4m hectoliters per annum.”

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