MON 14 MARCH, 2022-theGBJournal| Guinness Nigeria Plc. said weekend it certainly has no plans to exit Nigeria market, ‘’contrary to the orchestrated false publication making the rounds.’’
The brewers’ statement follows publication trending on some social media platforms alleging that it is relocating out of Nigeria and consequently planning to sell some assets.
‘’ We would also like to clearly state that the malicious publication is not in tandem with our well-publicised investment and expansion drive, as we recently reaffirmed our long-term strategic expansion plans in Nigeria with the acquisition of an additional 25-acre commercial property in the Ogba industrial area of Lagos purchased recently in late 2021,’’ Guinness said in the statement.
Guinness Nigeria noted that it also recently announced its Half Year Unaudited Financial Result for the 6 months ended 31st December 2021 in which it notified its esteemed shareholders of their stellar performance in which our 6 months’ Operating Profit grew by 266% to N13.6Billion.
‘’Contrary to the false information being circulated by detractors, we are renewed in our efforts to serve our revered consumers and creating more job opportunities for Nigerians as seen in the new $5 million additional production line recently commissioned at our Brewery in Ogba, Lagos in October 2021. We are also pleased to state that we are on the verge of completing work on our new ultra-modern administrative head office block located in Ikeja where we will be moving in the next few weeks.’’
Guinness Nigeria, part of the world’s largest premium drinks company, Diageo Plc., is home of the first Guinness brewery outside of the British Isles. Established in 1950, we are one of the oldest surviving manufacturing companies in Nigeria.
‘’ Guinness Nigeria has confidence in the Nigerian economy and just as we have done for the past seventy-one years, we will remain a major player in the country by continually investing, developing capabilities, growing brands that most suit the consumers’ needs; and contributing positively to lives, communities and the environment,’’ the company’s management said in the statement signed by its Company Secretary/Corporate Relations Director, Rotimi Odusola.
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