*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

I wish our party APC can win Edo state, we need more state to conquer. Nigeria shall be great again.

EreluRoz:
I wish our party APC can win Edo state, we need more state to conquer. Nigeria shall be great again.

Yes oh

garfield1:


Yes oh

Yes, I don't want stress for my asiwaju's re-election, we need to start conquering more states especially the south south region.

I will say it again asiwaju will transform Nigeria, he just needs little time to correct the mess he met on ground from Jonathan and Buhari's administration.

Rubbish and Nonsense...

I'm sure Asue Ighodalo was also the Chairman of other multinationals who declared massive losses last year out, with some even closing shop and leaving the country.

You guys don't know you are further indicting your principal and party who got in and rolled out half-baked and never well thought through policies all in a bid to appear tough.

Epic fail.

EreluRoz:
Yes, I don't want stress for my asiwaju's re-election, we need to start conquering more states especially the south south region.

I will say it again asiwaju will transform Nigeria, he just needs little time to correct the mess he met on ground from Jonathan and Buhari's administration.

Ighodalo is funny.he was sterling bank chairman yet could not attract a branch to the whole esan land

garfield1:
*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

Tell the people of Edo state why they should vote APC putting into consideration the current calamitous economic policies of the APC led Tinubu administration

Ofunaofu:


Tell the people of Edo state why they should vote APC putting into consideration the current calamitous economic policies of the APC led Tinubu administration

Oga,guber polls does not have anything to do with Tinubu performance.why should they vote pdp after obaseki failure

You guys (APC and PDP) should keep pelting pugnant water on yourselves, Akpata is the next man to properly manage the state

christejames:
You guys (APC and PDP) should keep pelting pugnant water on yourselves, Akpata is the next man to properly manage the state

I'll manage him

Abeg shift...

nnatobryno:
Abeg shift...

Pdp will shift from osadebay avenue

This is mind-blowing

garfield1:
*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

Someone like this can't be allowed to rule Edo ooo

garfield1:
*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

With this revelation, we no fit vote Asue oo

garfield1:
*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

osariemenesosa1:
With this revelation, we no fit vote Asue oo

Akpakomeza media strikers is now a thing, shame.

I don't think this is a good way to go about politics in Edo state at all. All this negative attack stuff is despicable.

I know Baba Oshio did it against Izẹ Iyamu and then he had to back track when that one became his candidate.

Funny thing about the three major candidates :

APC: Brought up in Jos
LP: Brought up in Warri
PDP: Brought up in Ibadan

osariemenesosa1:
Someone like this can't be allowed to rule Edo ooo

But the speaker agbebaku is your brother

Wow!

So Asue was the CEO of Nigerian Breweries?

We'd also like to hear how he mismanaged Sterling Bank, Okomu Oil, Alaghodaro Economic Summit, Nigerian Sovereign Investment Fund, and Dangote Flour Mills Plc.

If the other parties see Asue Ighodalo as a threat, they'd lose. Instead of looking for dirt on someone, they had better sell their vision to Edo state if they have any.

The people in Edo state are no push-overs. We notice that about them. They won't accept you throwing dirt on someone because you want an advantage.

By talking more about Asue Ighodalo without selling themselves, they are making Asue more popular.

What a disaster

EreluRoz:
Yes, I don't want stress for my asiwaju's re-election, we need to start conquering more states especially the south south region.

I will say it again asiwaju will transform Nigeria, he just needs little time to correct the mess he met on ground from Jonathan and Buhari's administration.

The mess he met or the one he created.your Asiwaju is a failure total failure

aswani:


Akpakomeza media strikers is now a thing, shame.

I don't think this is a good way to go about politics in Edo state at all. All this negative attack stuff is despicable.

I know Baba Oshio did it against Izẹ Iyamu and then he had to back track when that one became his candidate.

Funny thing about the three major candidates :

APC: Brought up in Jos
LP: Brought up in Warri
PDP: Brought up in Ibadan

Oga,pdp started the mudslinging and media attacks by saying Monday isn't coherent and failed waec..
Was it not same tactics obaseki employed in 2020 against APC? It actually works. All candidates where brought up outside Edo yet only asue cannot speak his language and has no investment back home

TheCeasar:
What a disaster

And obaseki is bringing him to Edo

emkz:
Wow!

So Asue was the CEO of Nigerian Breweries?

We'd also like to hear how he mismanaged Sterling Bank, Okomu Oil, Alaghodaro Economic Summit, Nigerian Sovereign Investment Fund, and Dangote Flour Mills Plc.

If the other parties see Asue Ighodalo as a threat, they'd lose. Instead of looking for dirt on someone, they had better sell their vision to Edo state if they have any.

The people in Edo state are no push-overs. We notice that about them. They won't accept you throwing dirt on someone because you want an advantage.

By talking more about Asue Ighodalo without selling themselves, they are making Asue more popular.

But oshiomhole decampaigned iyamu in 2016 by throwing dirt on him? Same thing obaseki did in 2020.oshiomhole used same tactics on anenih

A foolish write up from a nonentity who doesn’t know the role of a chairman in an organization.

wasted 3 mins of life reading this complete piece of trash!

It should not be online, it should be in the recycle bin.

Complete balderdash, can u imagine this crap

Nursery school propaganda

garfield1:
*How Asue Ighodalo Mismanaged Nigeria Breweries PLC in Eight Months as Chairman*

By Hon. Henshaw Oligbi.

Political analysts and supporters of Barr. Asue Ighodalo, the PDP Governorship flag bearer in Edo State has so much discussed his tenure as former Chairman of Nigeria Breweries PLC. This necessitated the review of Asue's leadership of the said company.

You can recall that Mr. Kolawole Jomade announced his resignation from the Company Board Chairmanship during a board meeting on April 26, 2023, with effect from April 30, 2023. Following his departure, Barr. Asue Ighodalo was appointed the Chairman of the thriving Brewery company on the 1st of May 2023. However, he resigned on the 31 Dec. 2023, precisely eight months after assuming the role as Board Chairman.

Under Asue Ighodalo's 8-month leadership, prices of Nigeria Breweries' products were increased thrice at such a geometric rate as well as the bloated overhead cost of the company.

In retrospect, Nigeria Breweries is known for prudent cost management, profit-making and dividend payment to shareholders, this is evident in the 2022 N17.341b Profit Before Tax and N13.187b Profit After Tax made by the company under the Chairmanship of Kolawole Jomade.

The former Chairman, Mr Kolawole had also set the company on a solid path to improve on his successive achievements over the years but chose to bow out of the position owing to unnecessary Board Room pressure from Asue Ighodalo’s greedy ambition in the Company.

The new sheriff in town, Mr Asue Ighodalo barely settled down as Chairman when he approved a One-off re-organizational cost, incurred an increased 15% cost of sales, a 5% increase in marketing and distribution, and administrative expenses which led to a 15% decline in Operating profit.

The Audited Financial Statement and Annual Report 2023 of Nigeria Breweries PLC unveiled a mismanaged and damaged company that was once reputable and outstanding, under the inexperienced and inefficient leadership of Barr. Asue Ighodalo.

In the year 2023, Asue Ighodalo's leadership in Nigeria Breweries under review, could neither break even in business nor break new grounds but rather experienced a historical and monumental loss of N145.2b Loss Before Tax and N106.3b Loss After Tax.

This historical loss in the history of Nigeria Breweries under poor leadership made the company retained a N26.2b loss and unable to pay dividends in 2024 and possibly in 2025.

Barr. Asue Ighodalo's corporate leadership failure in Nigeria Breweries PLC and in desperation to save his face in the world of corporate governance led to the introduction of policies that would gradually cannibalise the production capacity of Nigeria Breweries and reduce the once enviable production company to a mere products importation and marketing company. He approved the exclusive right to import Heineken, Beverages, wines, spirits and cedar brands from South Africa and a license to market and distribute all the products in Nigeria. This singular move will turn Nigeria Breweries PLC with nine different brands of products into an agent of a foreign (South African) Company, place further pressure on FX, reduce production (GDP) in Nigeria and create unemployment as the production line for those nine brands will be gradually closed down over time.

Politically speaking, it is illogical for Edolites to hand over the dear state to a man who ran a company like Nigeria Breweries PLC with success stories aground under eight months.

It is evident from the above that Asue Ighodalo is unfit and lacks the necessary requisite management skills to drive a system to success. As he destroyed Nigeria Breweries - a once reputable profit-making company in eight months, there is also a high tendency that Asue Ighodalo will further destroy our dear State if given four years as a Governor.

#ANewEdoIsRising
#Edo4Edo2024
#AkpakomizaMediaStrikers


Mynd44
Nplfmod
Fergie001
Aswani
Seun
Jorussia
Indispensable85
Helinues
Penguin2
Michaelsokoto
Donphilopus

Mad people everywhere

Noblechykk:

Mad people everywhere

Like asue

vowiski:
A foolish write up from a nonentity who doesn’t know the role of a chairman in an organization.

wasted 3 mins of life reading this complete piece of trash!

It should not be online, it should be in the recycle bin.

That is where voters will put pdp

HIGHESTPOPORI:
Nursery school propaganda

Are you aware okpebholo is commissioning a road project today in less than a year of being a senator? Are you aware akpata commissioned two projects this month? Asue has no project in Edo despite his wealth

Am very sure that who put this write up is apc supporter.managing a company is entirely different from managing a state government.The poor economic policies of apc led federal government is the reasons why companies and businesses are winding down in Nigeria and not the leadership of those companies.

Edo will be in good hands.