President Bola Tinubu reaffirmed his commitment to establishing a strong financial system and a business-friendly environment to attract more foreign investments. He made this pledge during a meeting with Coca-Cola’s global leadership, where the company announced plans to invest $1 billion in Nigeria over the next five years.

Tinubu praised Coca-Cola for its long-standing partnership with Nigeria, which employs over 3,000 people, and emphasized his administration’s focus on making it easier for businesses to invest and repatriate profits. He also highlighted private sector partnerships as crucial to his government’s reforms aimed at improving the business climate.

Coca-Cola’s CFO, John Murphy, highlighted the company’s annual revenue of ₦320 billion and its ₦90 billion contribution to Nigeria’s government, while CEO Zoran Bogdanovic stated that Nigeria’s potential and the government's policies had encouraged Coca-Cola to commit to this new investment.

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