Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country's presidency said after a meeting between President Bola Tinubu and senior executives of the soft drinks maker on Thursday.

“Understanding the Coca-Cola’s $1 billion investment Naysayers and doubters scorned the $1 billion fresh investment pledge in Nigeria made by the company’s global leadership to President Bola Tinubu today in Abuja, saying the company made a similar promise in 2021,” Onanuga wrote.

Bola Tinubu, the President of Nigeria, and senior executives from Coca-Cola have concluded an investment-related meeting.

Coca-Cola will invest $1 billion in its Nigerian operations over the next five years to enhance manufacturing and job creation, President Bola Tinubu revealed after discussions with top executives of the soft

Coca-Cola Hellenic Bottling Company said it plans to invest $1 billion in Nigeria in expansion of its business in over five years. The Chief Executive Officer of the company, Mr Zoran Bogdanovic, made this known during his visit to President Tinubu Bola Ahmed Tinubu.

He pledged that the government would continue partnering with Coca-Cola to expand investments in Nigeria and address environmental issues, including climate change. President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that would attract more foreign direct