The University of Port Harcourt has entered into a strategic partnership with Giolee Global Resources Limited to revamp and fully operationalize the institution’s Bottling Company, which has struggled to meet performance expectations in recent years.
Sammy Kpenu, Head, of Information, Publications, and Public Relations made this known in a statement.
He said, the Memorandum of Understanding (MoU) was signed on Thursday, December 12, 2025, at the Vice Chancellor’s Committee Room in Choba, marking a major move by the institution to strengthen its business ventures and boost internally generated revenue.
Speaking during the ceremony, Vice Chancellor Prof. Owunari Georgewill said the agreement aligns with the University’s vision to develop sustainable business models and revive dormant assets.
“This partnership is a testament to our determination to reposition and enhance the productivity of University-owned enterprises,” he stated. “We believe that Giolee Global Resources Limited has the capacity and expertise to transform the Bottling Company into a profitable and efficient facility that will serve the University community and beyond.”
Chief Executive Officer of Giolee Global Resources Limited, Chief Lesi Maol, expressed gratitude for the confidence the University has placed in the company. He assured that Giolee is committed to deploying modern practices that will elevate the quality and competitiveness of the facility.
“We are honored by this opportunity and fully committed to delivering excellence,” Maol said. “Our goal is to introduce modern processes, enhance product quality, and ensure that the Bottling Company becomes a competitive and sustainable enterprise.”
Chairman of University of Port Harcourt Investment Limited, Mene Kadilo Kabari, described the partnership as a strategic step toward strengthening the University’s investment portfolio.
“This collaboration is a major milestone in strengthening the University’s investment portfolio,” he said. “We are confident that this agreement will yield meaningful economic benefits and set a strong precedent for future partnerships.”
The MoU provides a framework for improved operational efficiency, expanded production capacity, and a broader market reach as the University moves to reposition its commercial ventures.
