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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S. A: 39 TRAFFIC OFFICIALS ARRESTED FOR FRAUD AND CORRUPTION. (PHOTO).

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 Thirty-nine traffic officials were arrested for fraud and corruption in Mpumalanga and Limpopo since last week. This is part of a massive cleanup operation to restore discipline and ethical conduct in the traffic law enforcement sector.


In Mpumalanga, 13 traffic officers were arrested today in various towns, including Nelspruit, Kabokweni, and Hazyview. This follows the arrest of 14 officials yesterday and a weighbridge master in Belfast. Meanwhile, in Limpopo, 11 traffic officers were arrested in Polokwane last week for allegedly taking bribes from bus operators, taxi drivers, and motorists on the N1 highway.


The joint operation was conducted by the Road Traffic Management Corporation's National Anti-Corruption Unit, the Directorate for Priority Crime Investigation, and Mpumalanga-based Crime Intelligence.


Some of the suspects have already appeared in magistrate courts and were granted bail ranging from R2,500 to R10,000. As part of their bail conditions, they must surrender their passports and cannot leave their hometowns without permission from the investigating officer.

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