NB Earmarks ₦17b for Aba Brewery Expansion

The Nigerian Breweries Plc has earmarked ₦17 billion for the expansion and modernisation of Aba Brewing plant.

The project, which started about six months ago, would be completed in the first quarter of next year.

Ukeje Udah, Aba Brewery Manager, disclosed these when Governor Theodore Orji of Abia State visited the company. Mr. Udah said it was the first major expansion work to be done in the factory since its establishment in 1955 and the second to be built by NB Plc in the country.

He said, “This factory has made great progress. It started with 500,000HL and today it is producing 1.2 million HL and it is estimated that by the time the present expansion is completed in the first quarter of next year, the production capacity would more than double.”

myfinancialintelligence.com