University of Port Harcourt Signs MoU With Giolee Global Resources To Revive Bottling Company

The University of Port Harcourt has entered into a Memorandum of Understanding with Giolee Global Resources Limited for the full revitalization and operation of the University’s Bottling Company, which had previously fallen short of expectations.

The agreement was signed on Thursday, 12 December 2025, at the Vice Chancellor’s Committee Room.

The initiative marks a major step in the University’s strategy to strengthen its business enterprises and bolster internally generated revenue. Speaking during the signing ceremony, the Vice Chancellor, Professor Owunari Georgewill, said the partnership aligns with the institution’s commitment to developing sustainable business models capable of transforming dormant assets into productive ventures.

“This partnership is a testament to our determination to reposition and enhance the productivity of University-owned enterprises,” he said. “We believe that Giolee Global Resources Limited has the capability and expertise required to make the Bottling Company a competitive and profitable facility that will serve both the University community and the wider market.”

Chief Lesi Maol, Chief Executive Officer of Giolee Global Resources Limited, expressed gratitude for the trust placed in the company and assured that the firm is fully committed to delivering a modernized and efficient operation.

“We are honored by this opportunity and fully committed to delivering excellence,” he said. “Our plan is to introduce contemporary processes, upgrade product quality, and transform the Bottling Company into a sustainable and market-ready enterprise.”

The Chairman of University of Port Harcourt Investment Limited, Mene Kadilo Kabari, described the collaboration as a strategic boost to the University’s investment profile.

“This agreement is a major milestone that will strengthen the University’s investment portfolio,” Kabari said. “We are confident it will deliver meaningful economic value and set a strong precedent for future partnerships.”

The MoU outlines a framework for enhanced operational efficiency, expanded production capacity, and wider market reach for the revitalized Bottling Company.