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.”

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published.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

    ad

    You May Also Like

    News

    Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, former chairman of defunct Skye Bank Plc, in Abuja on Thursday, April 23, over...

    News

    President Bola Tinubu has formally requested Senate approval for a $516,333,070 loan from Deutsche Bank to fund the construction of the 1,000-kilometre Sokoto-Badagry Super...

    News

    TikTok and the International Chamber of Commerce (ICC) have partnered to launch the Digital Commerce Labs, a global initiative aimed at empowering small businesses...

    News

    Nigerian Communications Commission (NCC) has inaugurated the Nigeria IPv6 Council to accelerate the country’s transition to the next generation of internet protocol. Speaking at...