Guinness Nig. Plc debunks relocation plans

Guinness Nigeria Plc says there is no truth in the claim it is relocating its business to neighbouring Ghana.

The company said its rebuttal was in response to inaccurate reports making rounds on some social media platforms.

Ayodele Alabi, Corporate Communications Manager, Guinness Nigeria Plc, said this in a statement.

He said, “There is Guinness Ghana and it’s not that we are just trying to expand operations to Ghana or anything like that as it’s been there since forever, ten years after the Nigerian operations began.

“The information of our relocation is false and we cannot trace where the misinformation is coming from. We cannot just be moving our operations when we had established Ghana in 1960 while Nigeria office was established in 1950.’’

Similarly, Baker Magunda, Managing Director of Guinness Nigeria Plc, restated the company’s commitment to remaining in the country and delivering value to its stakeholders and consumers.

He maintained that the rumour making rounds was at variance with the company’s current expansion and drive.

Magunda noted that the company had recently reaffirmed its long term strategic expansion plans by acquiring a 25acres commercial property in a choice location in Lagos.

He said that the company’s financial performance for half year of 2021 showed its operating profits grew by 266% to N13.6 billion.

He said, “We urge our employees, stakeholders and members of the public to ignore this false, malicious and misleading publication as it never emanated from our management.

“Guinness Nigeria has confidence in the Nigerian economy and just as we have done for the past seventy one years, we would remain a major player in the country by continually investing, developing capabilities, and growing brands that most suits the consumers’ needs and contributing positively to lives, communities and the environment.’’

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