Buhari to commission International Brewery $250m plant in Ogun State
President Muhammadu Buhari, is set to commission a $250 million brewery plant owned by International Brewery Plc by next week Tuesday.
The Plant Manager, Mr. Tony Agah, disclosed this development to newsmen during a facility tour of the brewery located at Km 3 Flowergate Industrial Scheme, Sagamu-Abeokuta Expressway, Ogun State.
Agah said that the new brewery will be the company’s largest plant within the group in Africa outside the one in South Africa, stressing that it will have a significant multiplier effects on the value chain within Ogun State and its environs.
He said that the new brewery is the fourth plant to be established in the Nigeria, as the IB Plc has three others in Ilesa, Onitsha and Port Harcourt, adding that the plant will provide direct and indirect employment, make available global brands locally and support Nigeria’s foreign direct investment aspiration.
The Plant Manager pointed out that International Brewery is part of the AB InBev Group, the world’s largest brewer.
According to him, other eminent Nigerians expected at the event include Governor Ibikunle Amosun, Minister of Industry, Trade and Investment Okechukwu Enelamah; and the global Chief Executive Officer of AB InBev, Mr. Carlos Brito, among others.
Agah explained that the new plant is one of the Foreign Direct Investments which came into the country in the last two years, adding that the first phase of the development of the plant had been completed with over 300 Nigerians already employed.
The Plant Manager further stressed that more indirect employment would also be created in due course.
In his words: “Given the importance of this event, the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, Muhammadu Buhari, is expected to perform the inauguration of the facility.
“The governor of the state, Senator Ibikunle Amosun, will be hosting all of us, as our landlord. Other eminent Nigerians and officials of AB InBev, especially the global CEO, Mr. Carlos Brito, will lead the celebration.
“The new brewery will be the company’s largest plant within the group
in Africa outside the one in South Africa. This will have a significant multiplier effects on the value chain within Ogun State and its environs.
“It will provide direct and indirect employment, make available global brands locally and support Nigeria’s foreign direct investment aspiration.”
Meanwhile, the Managing Director, International Brewery Plc, Annabelle Degroot, described the plant as a major step towards the company’s strategic goal of producing high-quality drinks locally for Nigerians.
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