Skip to content
July 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Guinness not exiting Nigeria, We’re Committed to this Country – Management
  • Business & Economy

Guinness not exiting Nigeria, We’re Committed to this Country – Management

Admin March 10, 2022
Guinness

Guinness logo

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

Guinness
Guinness logo

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)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ghana Guinness Mr Baker Magunda Mrs Ayodele Alabi Nigeria

Post navigation

Previous Project GEST: Why Delta Govt is passionate about girl-child empowerment – Okowa
Next Kuchazi Was Promised $300m of $9.6Bn P&ID Contract – EFCC Witness

Related Stories

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN Fuel crisis
  • Business & Economy

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN

July 19, 2026
Oborevwori unveils digital advertising platform to boost Delta revenue
  • Business & Economy

Oborevwori unveils digital advertising platform to boost Delta revenue

July 18, 2026
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says IEA
  • Business & Economy

Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN Fuel crisis
  • Business & Economy

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN

July 19, 2026
Oyo mandates birth certificates, NIN for school enrolment — Perm Sec oyo
  • National News

Oyo mandates birth certificates, NIN for school enrolment — Perm Sec

July 19, 2026
NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa
  • Crime and Justice

NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa

July 19, 2026
Troops foil ISWAP mass abduction bid, rescue 46 students in Borno Troops
  • National News

Troops foil ISWAP mass abduction bid, rescue 46 students in Borno

July 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.