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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ONAIYEKAN FLAYS TINUBU'S REFORMS, SAYS MIDDLE-CLASS BECOMING POOR. (PHOTO).

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 Onaiyekan flays Tinubu’s reforms, says middle-class becoming poor


The former Archbishop of Abuja Catholic Archdiocese, Cardinal John Onaiyekan, has called for a policy review to minimise the current economic hardship in the country, pointing out that “you can’t tell someone to be patient with poverty while we see the people who are supposed to address our poverty live flamboyantly.”


He made the call in an interview with journalists on the sideline of a Marian Concert organised to mark the 2024 feast of the Nativity of the Blessed Virgin Mary in Abuja.


Mr Onaiyekan said “There is a limit to what people can handle. You can’t tell someone to be patient with poverty while we see the people who are supposed to address our poverty live flamboyantly, building huge mansions and having fleets of cars without caring how they are fuelled, whereas the rest of us are queuing to get a few litres of fuel.


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“There’s a need to review some of the policies that are giving rise to the kind of pain and poverty that we are not familiar with. We are not used to this. The middle class is now being completely wiped out. Everybody is now becoming poor.” 

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