Guinness Nigeria has confidence in the Nigerian economy and just as we have done for the past seventy one years, we would remain a major player in the country by continually investing, developing capabilities, and growing brands that most suits the consumers’ needs and contributing positively to lives, communities and the environment

March 10, 2022

The Management of Guinness Nigeria Plc has said that the company has no plans of leaving Nigeria, contrary to the false statements making the rounds on some social media platforms.

Mrs Ayodele Alabi, Corporate Communications Manager, Guinness Nigeria Plc, made this known in an interview on Thursday in Lagos.

Alabi said that contrary to the reports circulating that the company planned to relocate its operations to Ghana, its Ghana plant had been in operation since 1960.

“There is Guinness Ghana and it’s not that we are just trying to expand operations to Ghana or anything like that as it’s been there since forever, ten years after the Nigerian operations began.

“The information of our relocation is false and we cannot trace where the misinformation is coming from.

“We cannot just be moving our operations when we had established Ghana in 1960 while Nigeria office was established in 1950,” she said.

Also, a statement signed by the Company’s Managing Director, Mr Baker Magunda, restated Guinness Nigeria Plc’s commitment to remaining in the country and delivering value to its stakeholders and consumers.

He said that the rumour making rounds was not in tandem with the company’s current expansion and drive.

Magunda noted that the company had recently reaffirmed its long term strategic expansion plans by acquiring a 25 acres commercial property in a choice location in Lagos.

He said that the company’s financial performance for half year of 2021 showed its operating profits grew by 266 per cent to N13.6 billion.

“We urge our employees, stakeholders and members of the public to ignore this false, malicious and misleading publication as it never emanated from our management.

“Guinness Nigeria has confidence in the Nigerian economy and just as we have done for the past seventy one years, we would remain a major player in the country by continually investing, developing capabilities, and growing brands that most suits the consumers’ needs and contributing positively to lives, communities and the environment,” he said.(NAN)