Minister of Industry, Trade and Investment, Adeniyi Adebayo on Thursday said the investment of N5billion by Nigerian Breweries Plc in a new production line at its Ijebu Ode brewery showed that the country is on the right path to achieving its goal in the manufacturing sector.
Speaking at the commissioning of NB Plc fully automated PET packaging line in Ijebu Ode, the Minister said, “This commissioning is a testament to the fact that even though we have quite a way to go, we are heading in the right direction of attaining our goal of increasing the contribution of the manufacturing sector to GDP and becoming the preferred manufacturing hub in Africa.”
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He said the commissioning of the new production line was auspicious as the FG seeks to provide an enabling environment for businesses to grow and creating job opportunities for citizens.
In a statement issued on Thursday, the Minister maintained that the new production plant will bring about immense economic activities in the state and further contribute to the non-oil sector of the GDP
“I am indeed pleased that the Nigerian Brewery is playing a strategic role as a key investor in the economy leveraging on its pedigree and commitment to adopting the latest technology designed with world-class safety and quality standards to deliver new and innovative products of premium quality.
