Coca-Cola to Invest Additional $1 Billion in Nigeria

The Coca-Cola Company plans to invest an additional $1 billion in its Nigerian operations, according to the United States Embassy in Nigeria.

The embassy disclosed the information in a social media post on January 28, 2026.

It noted the role of American companies in strengthening trade and economic ties between Nigeria and the United States.

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Coca-Cola to Invest $1 Billion More in Nigeria — Coca-Cola to invest $1 billion more in Nigeria. Credit: Bloomberg

“U.S.–Nigeria bilateral trade has been a powerful engine for economic growth, job creation, and generational partnerships,” the Embassy wrote.

“One standout contributor to this partnership is The Coca-Cola Company, which has invested an impressive $1.5 billion in Nigeria over the last decade.

“With plans for an additional $1 billion investment in the pipeline, the American multinational is set to boost production, strengthen supply chains, and enhance workforce training across the nation.”

Coca-Cola operates in Nigeria through the Coca-Cola System, which includes Coca-Cola Nigeria Limited and its authorised bottler, the Nigerian Bottling Company.

The system has played a major role in Nigeria’s manufacturing, logistics, and retail sectors for decades.

According to the embassy, “Coca-Cola has been refreshing Nigerians for 75 years.”

In 2025, Coca-Cola Company reached a deal to sell CHI Limited, the maker of the popular brands Chivita and Hollandia, to UAC of Nigeria Plc for an undisclosed fee, six years after acquiring the company.

Author

Jimisayo Opanuga

Jimisayo Opanuga is a web writer in the Digital Department at News Central TV, where she covers African and international stories. Her reporting focuses on social issues, health, justice, and the environment, alongside general-interest news. She is passionate about telling stories that inform the public and give voice to underreported communities.