By Tunde Osho
Nigerian Breweries Plc, has won the 2017 Sectoral Leadership Award in the ‘Breweries Category’.
The Performance Earnings and Returns Leadership (PEARL) Awards recognizes and rewards publicly quoted companies for outstanding operational and stock performance in order to enhance the vibrancy, growth and development of the capital market. Criteria for the PEARL Awards are based on verifiable indices, facts and figures published in the Nigerian Stock Market Annual (NSMA).
While commenting on the award, Corporate Affairs Adviser, Nigerian Breweries Plc, Kufre Ekanem, stated: “We view this award as recognition of our previous performances and as our call to duty to keep delivering value.
“As Nigeria’s foremost brewer, our commitment to our shareholders and other stakeholders drives our passion for high performance and delivery of quality, not just in our product offering, but also in all our interactions with Nigeria. We remain committed to these values.”
Ekanem thanked the organisers of the award for the recognition and commended them for sustaining the initiative in the last 22 years. Nigerian Breweries emerged winner in the Consumer Goods (Breweries) category which Guinness Nigeria Plc and International Breweries Plc were also nominated for.
The event drew attendance from dignitaries including a former Head of State, General Yakubu Gowon (rtd.); Governor of Lagos state, Mr. Akinwunmi Ambode who was represented by the commissioner for Women Affairs and Poverty Alleviation, Hon. (Mrs.) Lola Akande; Chief Executive Officer of the Nigerian Stock Exchange, Mr. Oscar Onyema; immediate past president of the Council of the Nigerian Stock Exchange, Mr. Aigboje Aig Imoukhuede.
Heineken controlled Nigerian Breweries is the country’s largest brewer with 2016 revenue of ₦341 billion ($939m).