News
Nigerian Breweries Speaks On Plans Of Leaving Nigeria Amidst Economic Hardship
Nigerian Breweries Plc has revealed that it has no intention of leaving the Nigerian market, despite the current economic hardship.
This was gathered during a media parley held on Thursday, 22nd February 2024 in Lagos.
Speaking at the event, the Head of Media and Marketing, Wasiu Abiola said; “We have been here for over 77 years, we have no plans to exit Nigeria”.
Reacting to the price increase of drinks, Abiola said the company is a part of the economy and faces the same challenges others are facing, thus the price review is necessitated to sustain the company.
Nigerian Breweries Speaks On Plans Of Leaving Nigeria Amidst Economic Hardship
Abiola further disclosed that despite the economic challenges, the company is still having innovation at the core of its being, adding that the company will soon launch products and campaigns to keep its customers satisfied.
Responding to the question of reduction in the quality of their product due to the economic challenges, Innovation Manager, Obinna Aneke assured that the company will retain its standard quality irrespective as the consumers’ satisfaction is their utmost priority.
Finally, Marketing Expert, Elohor Olumide-Awe said the company is dedicated to giving back to the society through various initiatives such as the Maltina Teacher of the Year Award which would be a decade this year.
They hinted that the Tenth Anniversary of the Teacher of the Year Award will be done in grandstyle.
Meanwhile, recall that Nigerian Breweries Plc has issued a new price review notification to all its customers in the West Zone.
According to a letter dated February 12, 2024, the price review, effective February 19, 2024, is deemed necessary to offset the impact of increased production expenses.
“This is to inform you that we are constrained to review the prices of some of our SKUs with effect from Monday, February 19, 2024.
“This review has become necessary because of continued rising input costs and the need to mitigate the impact,” the statement read.
The Inspector General of Police,Olatunji Rilwan Disu, has hailed the professionalism of Nigerian journalists and corrected a misconception about their roles in society cautioning that they should not be treated like beggars, instead accorded the full compliments of professionals deserving of respect
The IGP who commended Federal capital Territory journalists and sought stronger police- media partnership when he spoke as a special guest at the FCT NUJ council congress Saturday, said he has always had a mutually beneficial relationship with the media, recognising their professionalism that is deserving of respect and therefore they should never be treated as beggars
The calm and ever- smiling police chief said, “I have always had a respectful and mutually beneficial relationship with journalists. They are professionals who deserve respect and should never be treated as beggars,”
Disu commended them for their role in informing the public and contributing to national development, describing his relationship with the media as one built on mutual respect and professionalism.
He emphasised that journalists should be regarded as respected professionals rather than beggars, noting that the media plays a critical role in society, while calling for stronger collaboration between the police and the media, stressing that a healthy partnership would enhance public trust and improve security communication.
The police chief further urged both police officers and journalists to conduct themselves responsibly at all times, noting that good conduct leaves lasting impressions in society.
Responding, Chairman of the NUJ FCT Council, Comrade Grace Ike, congratulated the new IGP on his appointment and described him as a longstanding friend of the press.
She expressed confidence in his leadership and assured him of the council’s readiness to collaborate with the police in reporting security matters objectively
Ike also revealed that the IGP would be invited as a special guest to the council’s 2026 Press Week celebration.
She reaffirmed the commitment of the NUJ FCT Council to promoting responsible journalism and supporting initiatives aimed at strengthening security and governance in the territory.
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, was today honoured with the *Outstanding Agency of the Year Award 2025* by Champions Newspaper at its 2025 Awards ceremony held in Lagos.
The Managing Director, who was represented by the General Manager, Corporate Affairs, *Mr. Ikechukwu Onyemekara*, described the award as recognition of his vigorous leadership in implementing smart initiatives that align with the NPA’s vision to become the *Maritime Logistics Hub for Sustainable Port Services in Africa*.
Mr. Ikechukwu Onyemekara, the Authority’s Spokesman, highlighted the invaluable support of the *Minister of Marine and Blue Economy, His Excellency Dr. Adegboyega Oyetola*, which has been instrumental in achieving these remarkable successes. Key highlights include:
– Sustained port efficiencies contributing to Nigeria’s year-on-year trade surplus of ₦7.5 trillion and ₦6.7 trillion in Q2 and Q3 2025 (per NBS and NESG reports), driven mainly by exports via NPA platforms.
– Successful execution of President Bola Ahmed Tinubu’s policy for crude and petroleum product sales in Naira, saving billions in FOREX, enhancing energy security, improving trade balance, and creating jobs.
– Completion of Nigeria’s membership in the International Port Community System Association (IPCSA), paving the way for the National Single Window (NSW) project.
– Technical guidance enabling a significant rise in transhipment cargo at Lekki Deep Seaport, serving landlocked neighbours and recovering cargo lost to competing ports.
– Pioneering election of a Nigerian agency as President of the Port Management Association of West & Central Africa (PMAWCA) since 1972, with Dr. Dantsoho also leading PAPC, boosting Nigeria’s diplomatic standing and securing re-admission to IMO Category C.
These successes position NPA to deliver major 2025 projects, including the $1 billion reconstruction of Tincan Island Port Complex, rehabilitation of key ports, new deep seaport developments, and eco-friendly operations.
Champions Newspaper conferred the award in appreciation of NPA’s pivotal role as a leading trade facilitation platform driving national economic prosperity through Nigeria’s maritime endowments.
By Emmanuel Agaji
Grandpa Emeka Nwakoro in a video clip carefully listen to polite NDLEA operatives who explained to him what was concealed in his luggage.
The septuagenarian apparently knows that he’s in for heavy load of trouble.
Watch:
Journalists are professionals deserving Respect- IGP Disu
NPA wins Champions Newspaper’s “Outstanding Agency of the Year Award 2025”
Watch how NDLEA operatives politely educate grandpa nabbed with cocaine (Video)
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