Connect with us

Hi, what are you looking for?

News

We Are Ever Committed to Ethical Business Practices – Coca-Cola, Nigerian Bottling Company

Nigerian Bottling Company (NBC)

Coca-Cola Nigeria Limited (Coca-Cola) and its franchise bottler, Nigerian Bottling Company (NBC) Limited have reiterated their dedication to ethical business conduct.

The Federal Competition and Consumer Protection Commission (FCCPC) recently accused Coca-Cola and NBC of significant transparency and consumer communication breaches.

FCCPC, in a statement, said the companies had repeatedly violated the Federal Competition and Consumer Protection Act (FCCPA), particularly concerning misleading trade descriptions and unfair marketing tactics.

The commission said the companies marketed the “Original Taste, Less Sugar” variant as identical to the classic Coca-Cola, despite differences in formulation, noting they risked being fined for alleged breaches of Consumer Rights Law.

However, Coca-Cola management in a statement over the weekend refuted allegations of consumer transparency violation.

The statement reads: “Coca-Cola Nigeria provides clear, accessible nutrition information on our packaging in line with national regulatory requirements and is committed to transparency for consumers.

“Our priority is safeguarding consumer interests and we will continue to work constructively with the government on this matter.

“We strongly believe that the Coca-Cola system in Nigeria has complied with all regulations and look forward to the opportunity to bring this topic to closure.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Politics

Senate has initiated steps to prohibit the use of foreign currencies for payments and transactions within the country. The proposed legislation, aimed at ensuring...

News

ESET, a global leader in digital security, has provided insights on the rising threat of online scams. In a significant operation earlier in the...

News

A high-level delegation from the Nigerian Air Force (NAF) recently visited Zinox Technologies, Africa’s foremost integrated ICT solutions company, exploring avenues for a strategic...

News

Inspector-General of Police (IGP), Kayode Egbetokun, has issued a directive banning arbitrary arrests, harassment of youths, and the checking of mobile phones by police...