Guinness Nigeria Plc has refuted claims that it is exiting the Nigerian market.
This became necessary as speculations became rife following the sale of the 58.02% majority shareholding by Diageo, a British multinational alcoholic beverage company to Tolaram Group.
A statement by the company said it “wishes to correct the recent speculations and false/malicious misinformation alleging a plan to exit from the Nigerian market.”
“Contrary to rumours being peddled on various media platforms, Guinness Nigeria remains firmly committed to its operations in Nigeria and is poised for a new phase of growth and innovation.
“Our unwavering commitment to Nigeria is evident in the substantial investments in infrastructure, employment, backward integration and our community development and social responsibility initiatives.
“The recent announcement of the partnership between Diageo and Tolaram Group further reinforces unequivocally that Guinness Nigeria remains committed to Nigeria and has no intention of exiting the dynamic Nigerian market. Our business will continue strongly, and no jobs or factories will be adversely affected as a result of this new partnership.”
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