Producers of beverages in the country have been urged to explore the use of cocoyam as an alternative to sorghum. The recommendation came from the Manufacturers Association of Nigeria (MAN), which said it had discovered that cocoyam can be used in beer production and other beverages. The President of MAN, Dr. Frank Jacobs, who stated this through the Director, Corporate Communications, MAN, Mr. Ambrose Oruche, noted that this discovery came out of the partnerships that the group had formed with indigenous researchers while on the quest to increase local sourcing of raw materials. He said that the recent experience of manufacturers with foreign exchange scarcity had made it necessary to collaborate with research and development institutions in search of local raw materials. “The recent dear
Guinness Nigeria Plc, and Wecyclers, a for-profit social enterprise that promotes environmental sustainability, socioeconomic development, and community health, have signed agreement on waste management. The partnership is expected to, among other things, help support the implementation of Guinness Nigeria’s 4R waste management strategy, covering Reduction, Reuse, Recovery and Recycle, while addressing increasing local and global concerns around the environmental issues of waste disposal. Mr. Peter Ndegwa, Managing Director/Chief Executive Officer, Guinness Nigeria Plc, said the partnership with Wecyclers is in line with Guinness Nigeria’s commitment to reducing its environmental impact across its operations and throughout its supply chain. He added that it is also in line with the Nigeria
Heineken NV said on Wednesday that consolidated beer volume for the first quarter grew 4.3% organically, with the biggest growth coming from markets in Asia Pacific, Americas, and Africa, Middle East & Eastern Europe. The growth was against a backdrop of lower volume in Western Europe which was impacted by the cold spell in places like France, Spain and Austria. Total volumes in Europe fell 1.7% as the benefit of an earlier Easter was more than offset by colder weather. The Heineken beer brand saw an 8.1% volume growth globally, driven by demand in key markets such as Brazil, South Africa, Russia, Nigeria, Italy, Mexico and Vietnam. The Africa, Middle East & Eastern Europe saw a consolidated organic volume growth of 6.1%, driven by double-digit gains in Russia, South Africa, Ethiopia, Ivor...
Nestlé Nigeria Plc, announced on Wednesday it had introduced a new breakfast cereal, GOLDEN MORN® Puffs. Made from grains and cereals, the company explained that it provides families with even more choices of tastier, healthier food. It noted that GOLDEN MORN® Puffs is proudly produced in Nigeria for Nigerians. It is fortified with vitamins and iron to contribute to the efforts to address micronutrient deficiency in the country. Micronutrient deficiency is the lack of essential vitamins and minerals required in small amounts by the body for proper growth and development. According to WHO, 2 billion people in the world are affected by iron deficiency, which is the most common micronutrient disorder in sub-Saharan Africa. The major health consequences of deficiency in essential micronutrient
Brewing giant Nigerian Breweries Plc, on Friday at an award ceremony celebrated its distributors and trade partners who excelled in the course of their business partnerships with the company in the last year. In his remarks, the Managing Director of Nigerian Breweries Plc, Mr. Jordi Borrut Bel hailed the partners for the long years of support and affirmed that the company looks forward to a more rewarding relationship with them in the years ahead. He also thanked the distributors for the value added to the business last year, while also restating the commitment and sustained support of the company in the years ahead despite the continuing challenges. “As partners for progress, we need you now more than ever before to win. The environment is more intense and the competitive landscape contin
The Federal Government has been urged to reconsider its decision to raise excise duty on locally produced alcohol and tobacco as the new policy risks threatening the over N420bn in investments so far made in the wine and spirits industry. The call was made by a coalition of non-governmental organisations (NGOs) made up of the Business Renaissance Group and Sustained Development Collective while speaking with journalists in Abuja. It would be recalled that the Federal Government on March 11 approved an amendment to the excise tariff rates for alcoholic beverages and tobacco products which is expected to go into effect on June 4, 2018. The President of BRG, Mr. Omife Omife, said that with the new tariff regime, firms in the sector faced high risk of shutdown, especially in the low price segm...
Kenya-based East African Breweries Limited (EABL), a subsidiary of Diageo Plc has announced plans to start producing spirits in its local market as demand for its products surge in Kenya and Nigeria. The company which is known for its Tusker Lager said it will invest $13.88 million (approx. 1.4bn Kenyan shillings) to fund a 20,000 bottles per hour spirits line, which will double its production capacity at a plant in the outskirts of Nairobi. The firm said it will start producing Captain Morgan locally to cut costs and make high-end offerings more widely accessible to both domestic consumers and for export. The Kenyan version of the spirit known as Captain Morgan Gold, will retail for between 800 – 900 Kenyan shillings per 750 ml bottle – half the price of the imported bottles. Production i
Nigerian Breweries Plc, said it will lessen the impact of the new excise tax on tobacco and alcohol on consumers that is set to come into effect on 4th June by intensifying cost saving initiatives. The brewer said it would seek to increase its local sourcing of raw materials as well as attempt to obtain further improvements in its sorghum value chain. The firm added that it will consolidate its earnings through improved consumer value engagement, market penetration, stocking to hedge against market volatility as well as ensuring a balance in the management of input costs and price consumers pay for its products. The maker of Star Lager said it is optimistic of achieving 60% local sourcing target by 2020, from the current level of 50%. Speaking to the media ahead of its Annual General Meeti...
Nigerian Bottling Company Limited (NBC), bottlers of Coca-Cola products and Coca-Cola Nigeria Limited have presented World Cup tickets to two lucky winners in the ongoing “Score a Trip to Russia” Promo. The winners who received their tickets earlier in the week at NBC head office, Iddo, Lagos were Fashola Moruf Adeyinka and Benjamin Muo. The ‘Score a Trip to Russia’ campaign is an ongoing promo sponsored by NBC and Coca-Cola, to reward esteemed consumers with an all-expense paid trip to Russia 2018 to watch the FIFA World Cup matches, which begins in June. Speaking at the presentation of the tickets to the winners, the Managing Director of Nigerian Bottling Company Limited (NBC), George Polymenakos described the promotion as an initiative to reward consumers who are desirous of experiencin
Coca-Cola Beverages Africa (CCBA), the continental beverage company based in Johannesburg, South Africa has relocated to a new headquarter in Port Elizabeth, South Africa. According to a statement from the company, the facility will house the largest Coca-Cola bottler in Africa, accounting for around 40% of all coke volumes on the continent. CCBA CEO Doug Jackson, said, “CCBA is building a successful Coca-Cola bottler in Africa, which means greater shared value for the business and the communities the region serves, and we are optimistic about the future growth of our business on the continent”. “We aspire to be the best Coca-Cola bottler in the world and Africa’s most valuable independent food and beverage-company, driven by engaged, motivated, and capable employees.” “The opening of a ne