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Home Companies Company News

Company Watch: Nigerian Breweries Earmarks N17billion For Expansion of Its Aba Plant

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 17, 2013
in Company News
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The Nigerian Breweries Plc has earmaked N17billion for the expansion and modernisation of Aba Brewing plant. The project, which started about six months ago, would be completed in the first quarter of next year.

Aba Brewery Manager, Mr. Ukeje Udah, disclosed these when Governor Theodore Orji of Abia State visited the company. He said it was the first major expansion work to be done in the factory since its establishment in 1955 and the second to be built by NB Plc in the country.

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“This factory has made great progress. It started with 500,000 HL and today it is producing 1.2 million HL and it is estimated that by the time the present expansion is completed in the first quarter of next year, the production capacity would more than double.”

Ukeje also said that with the completion of the project, which involved among others, the building of a new brew hall that would be installed with state of the art machines and fitted with modern facilities, the economic benefit to all stakeholders including the Abia State government would be unprecedented.

Tags: Consumer GoodsNews ReviewNigeria Breweries
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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