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Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant - Politics - Nairaland

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Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Beaf: 9:29pm On Aug 27, 2010
[size=14pt]Nigeria President Commissions Aluminium Drinks Can Plant[/size]
First Published Friday, 27 August 2010 02:49 pm - © 2010 Dow Jones

IBADAN, Nigeria -(Dow Jones)- Nigerian President Goodluck Jonathan Thursday commissioned West Africa's first aluminum drinks can manufacturing plant in Agbara, near Lagos, the Nigerian commercial capital, an official at the company that established the facility said Friday.
GZ Industries Ltd. said in a press statement that when fully operational, it will be capable of producing 600 million can a year, with that capacity doubling after the first year to meet 100% of demand from Nigeria and other West African countries.

GZI said the new facility will "put an to the plight of Nigeria's brewers and bottlers, who had to import empty cans from Europe and South Africa."
The facility is owned by a group of foreign investors and Verod Capital Management, a Nigerian investment and financial advisory firm, GZI said.
The company has also entered into a technical partnership with Rexam PLC (REXMY), the world's leading aluminum can manufacturer, it said.
Fidelity Bank PLC, a Nigerian commercial bank, is a major financier of the facility, the GZI official said.

A Fidelity Bank media spokesman told Dow Jones Newswires Friday that the bank invested around $65.5 million in the new plant. The bank said the plant "brings a load of values to the nation's economy, putting over 150 people in direct employment while an estimated 2,000 people will benefit from its operations as suppliers, vendors and small businesses to the firm's diverse interests."
A senior GZI official declined to reveal the exact cost of the new plant.
-By Obafemi Oredein, contributing to Dow Jones Newswires; 234 2 7510489

http://www.automatedtrader.net/real-time-dow-jones/13838/nigeria-president-commissions-aluminium-drinks-can-plant
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by iyceconcept: 1:35am On Dec 06, 2016
could this be the only aluminium can producing company in nigeria?

1 Like

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sarrki(m): 2:23am On Dec 06, 2016
I hope the coy will be corrupt free

Gej was a total mistake

If not for Nigeria

Gej first degree Animal science

Masters fisheries

PhD zoology

Are we wildlife park ?
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Atiku2019: 3:32am On Dec 06, 2016
sarrki:
I hope the coy will be corrupt free
Gej was a total mistake
If not for Nigeria
Gej first degree Animal science
Masters fisheries
PhD zoology
Are we wildlife park ?

Buhari is the worst President in Africa cool

6 Likes 1 Share

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Sibrah: 3:42am On Dec 06, 2016
Is that man not ashame?
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Sibrah: 3:44am On Dec 06, 2016
Beaf:
Nigeria President Commissions Aluminium Drinks Can Plant
First Published Friday, 27 August 2010 02:49 pm - © 2010 Dow Jones

IBADAN, Nigeria -(Dow Jones)- Nigerian President Goodluck Jonathan Thursday commissioned West Africa's first aluminum drinks can manufacturing plant in Agbara, near Lagos, the Nigerian commercial capital, an official at the company that established the facility said Friday.
GZ Industries Ltd. said in a press statement that when fully operational, it will be capable of producing 600 million can a year, with that capacity doubling after the first year to meet 100% of demand from Nigeria and other West African countries.

GZI said the new facility will "put an to the plight of Nigeria's brewers and bottlers, who had to import empty cans from Europe and South Africa."
The facility is owned by a group of foreign investors and Verod Capital Management, a Nigerian investment and financial advisory firm, GZI said.
The company has also entered into a technical partnership with Rexam PLC (REXMY), the world's leading aluminum can manufacturer, it said.
Fidelity Bank PLC, a Nigerian commercial bank, is a major financier of the facility, the GZI official said.

A Fidelity Bank media spokesman told Dow Jones Newswires Friday that the bank invested around $65.5 million in the new plant. The bank said the plant "brings a load of values to the nation's economy, putting over 150 people in direct employment while an estimated 2,000 people will benefit from its operations as suppliers, vendors and small businesses to the firm's diverse interests."
A senior GZI official declined to reveal the exact cost of the new plant.
http://www.automatedtrader.net/real-time-dow-jones/13838/nigeria-president-commissions-aluminium-drinks-can-plant
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Atiku2019: 3:48am On Dec 06, 2016
Sibrah:
Is that man not ashame?

Which man should be ashamed? If not Buhari who brought Nigeria into its worst Recession.

6 Likes

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by dunkem21(m): 5:16am On Dec 06, 2016
Beaf?
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by chriskosherbal(m): 5:23am On Dec 06, 2016
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Abeymills(m): 5:43am On Dec 06, 2016
Under whose watch Nigerians groan complain cry of hunger?buhari master n author of poverty recession disunity is a disgrace to humanity
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sarrki(m): 5:46am On Dec 06, 2016
Gej is a total disaster

Oooh my God

God gave him the presidency with love

Nigerians all across divide love him

He was loved in spirit by all

What did he do ?

He failed woefully

Chai Chai Chai

Jonah Jonah was sleeping
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Nobody: 5:53am On Dec 06, 2016
Tax authorities and EFCC should follow up this company
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sarrki(m): 5:55am On Dec 06, 2016
Keneking:
Tax authorities and EFCC should follow up this company


I agree with you
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sanandreas(m): 5:56am On Dec 06, 2016
sarrki:
Gej is a total disaster

Oooh my God

God gave him the presidency with love

Nigerians all across divide love him

He was loved in spirit by all

What did he do ?

He failed woefully

Chai Chai Chai

Jonah Jonah was sleeping

Sarki be objective for once, what has buhari commsioned since he assumed office? He has being flying up and down like as if he have office in the sky. Jonathan is naturally ahead of Buhari in all facets. The corruption going on in this government is enormous and we know it.
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by newbornmacho(m): 6:00am On Dec 06, 2016
sarrki:
Gej is a total disaster

Oooh my God

God gave him the presidency with love

Nigerians all across divide love him

He was loved in spirit by all

What did he do ?

He failed woefully

Chai Chai Chai

Jonah Jonah was sleeping
Maybe if you keep chanting Jonah...Jonah..., buhari's stupidity and incompetence will be cured. Continue. grin
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Boleyndynasty2(f): 6:09am On Dec 06, 2016
sanandreas:


Sarki be objective for once, what has buhari commsioned since he assumed office? He has being flying up and down like as if he have office on the sky. Jonathan is naturally ahead of Buhari in all facets. The corruption going on in this government is enormous and we know it.


The man you quoted can't reason objectively, he has been programed and nothing can ever make him think straight.

1 Like

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Nobody: 6:10am On Dec 06, 2016
sarrki:
Gej is a total disaster
Oooh my God
God gave him the presidency with love
Nigerians all across divide love him
He was loved in spirit by all
What did he do ?
He failed woefully
Chai Chai Chai
Jonah Jonah was sleeping
compared to Buhari GEJ is a knight in shining armour.
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sarrki(m): 6:13am On Dec 06, 2016
Boleyndynasty2:


The man you quoted can't reason objectively, he has been programed and nothing can ever make him think straight.


U Don start again pop

Good morning
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Nobody: 6:14am On Dec 06, 2016
sanandreas:


Sarki be objective for once, what has buhari commsioned since he assumed office? He has being flying up and down like as if he have office in the sky. Jonathan is naturally ahead of Buhari in all facets. The corruption going on in this government is enormous and we know it.
aah Buhari has commissioned recession

2 Likes

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Nobody: 6:15am On Dec 06, 2016
sarrki:


U Don start again pop
Good morning
do you just like typing absent your brains?

1 Like

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sanandreas(m): 6:16am On Dec 06, 2016
angels09:

aah Buhari has commissioned recession

Hahaha
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sarrki(m): 6:16am On Dec 06, 2016
sanandreas:


Sarki be objective for once, what has buhari commsioned since he assumed office? He has being flying up and down like as if he have office in the sky. Jonathan is naturally ahead of Buhari in all facets. The corruption going on in this government is enormous and we know it.


Bro,

Blocking all the loopholes where money is being syphon

Is an achievement

Decimation of Boko haram is anot achievement

We gave him 4years mandate

We judge him after then
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by sanandreas(m): 6:19am On Dec 06, 2016
sarrki:



Bro,

Blocking all the loopholes where money is being syphon

Is an achievement

Decimation of Boko haram is anot achievement

We gave him 4years mandate

We judge him after then

We would be left worse after four years. It would take Nigeria two decades to recover from the fangs of Buhari's economic bad policies.
Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by Boleyndynasty2(f): 6:22am On Dec 06, 2016
sarrki:



U Don start again pop

Good morning

grin Good morning to you too

1 Like

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by MrEverest(m): 7:35am On Dec 06, 2016
I thought this is old news when Nigeria was attracting huge FDI under GEJ Unlike now that all we talking about is how to pay salaries and eat. Buhari is a curse!

1 Like

Re: Jonathan Commissions West Africa's First Aluminum Drinks Can Manufacturing Plant by khSteel: 8:44am On Dec 06, 2016
Boleyndynasty2:


The man you quoted can't reason objectively, he has been programed and nothing can ever make him think straight.


Is that a man?

You give too much credits to bot systems.

(1) (Reply)

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