WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA. (PHOTOS). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA   President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.    The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to invest $1 billion in Nigeria over the next five years.    The announcement was made at a meeting between the President and the global leadership team of Coca-Cola Company, led by Mr John Murphy, its president and chief financial officer, and the Chairman of Nigerian Bottling Company, Ambassador Segun Apata.    President Tinubu commended Coca-Cola for its long-standing partnership with Nigeria and for promoting investment opportunities that have employed over 3000 people across nine production facilities.    ''We are bu
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18 PASSENGERS BURNT TO DEATH IN IJEBU-ODE/ORE EXPRESSWAY. (PHOTO).

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 18 PASSENGERS BURNT TO DEATH IN IJEBU-ODE/ORE EXPRESSWAY



A total of 18 passengers have been burnt to death in Ogbere, Ijebu East Local Government Area along the busy Ijebu-Ode/Ore Express Way.


The lone accident involved a Toyota Hiace,with registration  number XA 690AKU.


While all  the passengers  burnt beyond recognition, the driver escaped with injuries.


The Public Relations Officer of the Ogun state Traffic  Compliance and Enforcement  Agency, Babatunde Akinbiyi, confirmed the death of the 18 passengers in a statement in Abeokuta on Tuesday.


He said that the accident was caused by a fire from a jerry can filled with petrol.


“According to eye witness account and this  was corroborated by the driver, there was a keg full Petroleum Motor Spirit  inside the bus, it fell on it’s side when the vehicle got to a failed portion of the road. 


“The PMS poured on the floor  of the bus and later dropped on exhaust pipe and caused the vehicle to catch fire on transit” he said.


He said that the partially burnt driver was rescued to Rona Hospital in Ijebu Ode, while the  dead were deposited at State Hospital Mortuary, Ijebu Ode.


Akinbiyi who commiserated with the families of the deceased urged drivers to avoid storing fuel in their vehicles.

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