The Corporate Accountability and Public Participation Africa (CAPPA) has criticised the Nigerian government for embracing Coca-Cola’s $1 billion investment pledge, citing the company’s alleged history of broken promises and harm to public health.
CAPPA in a statement signed by its Media and Communication Officer, Robert Egbe, accused Coca-Cola of attempting to “whitewash” its image despite multiple dishonest trade practices and regulatory infractions.
This is in reaction to Coca-Cola’s recent visit to President Bola Tinubu, during which the corporation announced a $1 billion investment pledge to Nigeria over five years.
“The Coca-Cola System has been part of Nigerian communities for over 70 years and believes in the strength and continued potential of the market. We are excited to announce this investment, which demonstrates our dedication to fostering economic growth and creating job opportunities in the country,” Zoran Bogdanovic, the chief executive…