Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

NBC Has Paid N33b Electricity Bills In Five Years

EditorbyEditor
7 years ago
in Company News
NBC Has Paid N33b Electricity Bills In Five Years
Share on FacebookShare on TwitterShare on Linkedin
  • 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.
  • Source: Daily Independent

Related

Tags: News ReviewPower Sector

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Why Nigerians are obsessed with cash
  • Finance Minister says Federal Government is set to activate full potentials of mining sector
  • Nigerian singer Tems makes history as first Nigerian female musician to win a Grammy

Follow us on social media:

Recent News

Why Nigerians are obsessed with cash

Why Nigerians are obsessed with cash

February 6, 2023
Federal Government to activate full potentials of mining sector

Finance Minister says Federal Government is set to activate full potentials of mining sector

February 6, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics