US Beverage Firm To Invest $1bn In Nigeria

A United States food and beverage company, East Hem Liquids has plans to launch a $1bn business in Nigeria and other African economies, crating huge employment opportunities all around.

Making this pledge during the unveiling of its product called “Last Shot,” in Lagos Nigeria, the Vice Chairman of East Hem Liquids, Ed Ukaonu said the company is looking at the Nigerian market and Africa in general.

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President Muhammadu Buhari
President Muhammadu Buhari

“Looking at Africa as a market, what we are trying to create is a billion dollar business. On that basis, you can extrapolate the number of people that can be employed by creating such size of business. That possibility is here, when you look at the vast market that Africa offers,” Ukaonu said.

He revealed that the product has been developed under the utmost level of quality,as confirmed by officials of the National Agency for Food Drug Administration and Control (NAFDAC), who visited the company’s plant in the United States of America.

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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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