Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country's presidency said after a meeting between President Bola Tinubu and senior executives of the soft drinks maker on Thursday.

President Bola Tinubu has reacted to the announcement of Coca-Cola Hellenic Bottling Company (CCHBC) plans to invest over $1 billion in Nigeria over 5 years.

Bola Tinubu, the President of Nigeria, and senior executives from Coca-Cola have concluded an investment-related meeting.

The warning comes as Nigeria is already grappling with severe floods in northeastern Borno state where a dam burst its walls after heavy rains that have also caused floods in Cameroon, Chad, Mali and Niger - all part of Africa's Sahel region that usually receives little rain.

Di states wey go likely dey affected - Adamawa, Anambra, Bayelsa, Benue, Cross River, Delta, Edo, Kogi, Nasarawa, Rivers, and Taraba – don record different level of flood ova di past decade wenever dem release water from di Lagdo dam.