Guinness talks report on exit from Nigeria and sale of equipment –


Guinness Nigeria Plc management has said the company has no intention of leaving Nigeria, contrary to false claims circulating on some social media platforms.

Ayodele Alabi, Head of Corporate Communications, Guinness Nigeria Plc, spoke on the reported development on Thursday.

Alabi spoke in an interview with the Nigeria News Agency on Thursday in Lagos.

Alabi told NAN that contrary to reports circulating that the company was planning to relocate its operations to Ghana, its Ghanaian factory had been in operation since 1960.

The spokesperson said: “There’s Guinness Ghana and it’s not that we’re just trying to expand our operations in Ghana or anything like that because it’s been there forever, 10 years after Nigerian operations started. .

“The information about our relocation is wrong and we cannot trace where the wrong information came from.

“We cannot just move our operations as we established Ghana in 1960 while the Nigeria office was established in 1950.”

Additionally, a statement signed by the company’s Managing Director, Baker Magunda, reaffirmed Guinness Nigeria Plc’s commitment to staying in the country and delivering value to its stakeholders and consumers.

He said the rumor circulating did not match the company’s current expansion and momentum.

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

He said the company’s financial performance for the half of 2021 showed its operating profit increased 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 posting as it never originated 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 continuously investing, building capacity and developing brands that best meet consumer needs and contribute positively to lives, communities and the environment.


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