NBC Pays N33b Electricity Bills In Five Years

The Nigerian bottling company (NBC) Ltd  has said that within the period of 2008 to 2013 it paid the sum of N33 billion as electricity bills.

This was disclosed by the head of Public Affairs Communication, Mr. Uzo Odenigbo in an interactive session, with journalist in Owerri, the Imo state capital.

Odenigbo explained that, the Company does not hesitate to settle its electricity bills to wherever it has its operational plants to avoid distraction of work despite having their big generators.

Answering questions during the interaction, he explained that the NBC operates 12 bottling plants in the country, in addition to 50 distribution depots and a widespread network of distribution partners.

Mr. Odenigbo revealed that work would soon commence at Okigwe site in Imo state which is expected to cost the company the sum of N80 billion.

According to him, work on the propose cite would have commence before now, expect that the NBC is trying to sort out some challenges confronting the company, adding that definitely work would start at 30,000 hectares of land in 2016.

He denied the allegation that Imo state government was making some moves to recover the said land from the company because it had taken so many years the land was handed over to the NBC.

He assured that when the plant becomes operational, that many Nigerians would get employment, which would reduce the level of youths unemployment in the country.

Meanwhile the Company has focused investment and developmental work of a mega production facility in Okigwe, Imo State.

According to the Head of Public Affairs and Communication, NBC Limited, Uzo Odenigbo, “NBC Limited is currently executing an Accelerated Investment Plan that is aimed at doubling production capacity by 2020. Some of our plants in Nigeria are being upgraded while a new plant will be established in Okigwe, Imo State.”

“The already existing operations in Imo State would be significantly enhanced, hence the need to drive momentous investment into its operations and site a world-class, state-of-the-art factory in Okigwe.

When completed, the facility would be the biggest NBC manufacturing and warehouse site in Nigeria, supporting other existing production lines to deliver more to yearning customers and dealers in the Eastern Nigeria and beyond, in an environmentally sustainable way,” Odenigbo said.

“Demand for our products is high, and in a bid to meet up with the sales projection trajectory in a very competitive environment, more production lines would be installed, most of which will be in our new Okigwe mega production facility,” Odenigbo added.

The Company’s operations supports the socio-economic lives of its stakeholders, providing employment opportunities, improving livelihood and economically empowering communities where they operate and with utmost need for basic infrastructure.

NBC Limited is also partnering with communities on its shared values of water stewardship, youth development and women empowerment.

Collaborating with state governments, supporting female entrepreneurs with trade asset financing and business training for women entrepreneurs in the Coca-Cola value chain remains a top priority and a strategic part of the company annual business plan.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s