Nigerian Bottling Company Promises not to Raise Product Prices

THE Nigerian Bottling Company (NBC), over the weekend, disclosed that  over $600million has been invested in Nigeria, over the last seven years to ensure that the average Nigerian consumers of the brand gets value for their money. This was disclosed by the company’s Managing Director, Mr. George Polymenakos during an interactive session with the media…”
Tolu
December 13, 2016 7:32 am

THE Nigerian Bottling Company (NBC), over the weekend, disclosed that  over $600million has been invested in Nigeria, over the last seven years to ensure that the average Nigerian consumers of the brand gets value for their money.

This was disclosed by the company’s Managing Director, Mr. George Polymenakos during an interactive session with the media in Lagos, as part of the company’s 65th anniversary celebrations.

He stated that the investments were used to upgrade various plants across the country, ensure  safer working environment for staff and also to enhance its production  process, to a standard of quality accepted globally.

He further stated that the company had been able to survive the  nation’s tough business terrain for over six decades, as a result of its steadfast belief in the nation’s economic potentials and commitment to contributing its own quota to the development of the nation’s economy.

The NBC boss added that in spite of the present economic situation  in the country, there is no plan to increase its product prices, so as not to further burden the already ‘over-burdened’ Nigerian consumers.

He also shed light on the company’s poverty alleviation plans for Nigeria, stating that the special empowerment programme is aimed at enhancing the financial fortunes of 5million Nigerian women by the year 2020 is on-going.
“The focus of this program is to identify young women and set them up with products. By the end of 2015, we’ve been able to achieve something significant. We are still reaching out and ensuring that the program is sustainable,” he added.

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