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Your email address will not be published.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

News

Samson Aminu, also known as Smile, has described the Smart Treasure Investment Team (ST Team) as a transformative force that has empowered its members...

News

A BBC investigation has uncovered a widespread immigration scam targeting foreign nationals seeking employment in the UK care sector, with recruitment agents, including a...

News

National Institute for Policy and Strategic Studies (NIPSS) has predicted that the price of Premium Motor Spirit (petrol) will decline as Dangote Refinery and...

Tech

French antitrust regulators have fined Apple 150 million euros ($162 million) over its App Tracking Transparency (ATT) feature, which is facing scrutiny in multiple...