Nepal Energies Gets Green Light to Take Over Abia’s Afro Beverages
Abia State Governor, Dr. Alex Otti, has given his approval for Nepal Energies Limited to take over and manage Afro Beverages, a company recently acquired by the state government from AMCON. The governor expressed confidence in Nepal Energies’ ability to run the company effectively, citing the state’s goal of creating an environment for businesses to thrive and create jobs.
The governor received the CEO of Nepal Energies, Dr. Ngozi Ekeoma, and her team, who presented a proposal for the takeover. Governor Otti directed that a detailed proposal be submitted and stated that the state government would retain a minority stake of not more than 20% in the company.
Dr. Ekeoma expressed hope that the governor would grant Nepal Energies the opportunity to run the business, thanking him for providing a conducive environment for investors.
