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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EFCC ARRESTS FIVE CHINESE FOR ALLEGED ILLEGAL MINING IN UYO. (PHOTO).#PRESS RELEASE

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 EFCC Arrests Five Chinese for Alleged Illegal Mining in Uyo


Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission EFCC, have arrested five suspected illegal Chinese miners at Ndito-Eka-Iba village, in Ibieno Local Government Area of Akwa Ibom State.


The five alleged illegal miners  were arrested by the “Special Task Force on illegal Mining” at the Commission’s Zonal  office in Uyo, following credible intelligence on the illegal activities of foreign mining companies within Eket and Ibieno Local Government Areas of Akwa Ibom State.  


The arrested Chinese suspects are: Zhon Qinping arrested on September  10, 2024 at Ibieno Local Government Area, while Li Yi, Xie Bin, Chen Mou Zhou and  Chen Zeng were arrested on August 29, 2024 at the same location.


They were all arrested at an illegal mining site of a mineral suspected to be ilmenite, a titanium- iron oxide mineral.


The suspects would be charged to court as soon as investigations are concluded. 

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