{"id":32147,"date":"2019-05-24T17:27:08","date_gmt":"2019-05-24T16:27:08","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=32147"},"modified":"2019-05-24T17:27:08","modified_gmt":"2019-05-24T16:27:08","slug":"ab-inbev-to-increase-investment-in-nigerian-brewery-so-400-million","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ab-inbev-to-increase-investment-in-nigerian-brewery-so-400-million\/","title":{"rendered":"AB InBev To Increase Investment In Nigerian Brewery So $400 Million"},"content":{"rendered":"<p>Anheuser-Busch InBev says it expects the total investment in its new brewery at Sagamu in Nigeria to be up to $400m. The Chief Executive of the company, Carlos Brito, made this known at a media briefing in Johannesburg.<\/p>\n<p>According to Reuters, Brito said the $250m brewery, which had already started operation, would be expanded in phases. The CEO, however, did not give a timeline for the next phase. \u201cNigeria (is) becoming a more and more important market as we grow in that market,\u201d he was quoted as saying.<\/p>\n<p>\u201cI mean we\u2019re growing double digits; we didn\u2019t grow in the past as fast because we were lacking capacity and now that we have capacity, strong brands and (a) great group of people, we\u2019re challenging the status quo there.\u201d<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>The brewery, which was unveiled last year, is the company\u2019s fourth in Nigeria after those located in Ilesa, Onitsha, and Port Harcourt. At the inauguration of the facility, the Managing Director of the company, Annabelle Degroot, said the brewery would create 600 direct jobs and well over 2,000 indirect jobs along its value chain.<\/p>\n<p style=\"font-weight: 400;\"><b><strong><em>Photo Caption: Samples of Beer in glass cup<\/em><\/strong><\/b><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Anheuser-Busch InBev says it expects the total investment in its new brewery at Sagamu in Nigeria to be up to $400m. The Chief Executive of the company, Carlos Brito, made this known at a media briefing in Johannesburg.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":32148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[5648],"coauthors":[2391],"class_list":["post-32147","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-ab-inbev"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AB InBev To Increase Investment In Nigerian Brewery So $400 Million - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ab-inbev-to-increase-investment-in-nigerian-brewery-so-400-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AB InBev To Increase Investment In Nigerian Brewery So $400 Million - National Wire\" \/>\n<meta property=\"og:description\" content=\"Anheuser-Busch InBev says it expects the total investment in its new brewery at Sagamu in Nigeria to be up to $400m. 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