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Nigeria rPET Plant Debt Repaid

Nigeria's Polysmart Packaging Repays ₦5.7 Billion and Builds Africa's Largest Food-Grade rPET Plant

Unverified — auto-generated summary, not yet reviewedInfrastructureNigeriaOct 26, 2026

Nigerian manufacturer Polysmart Packaging has repaid ₦5.7 billion across four commercial paper series while advancing construction of what it describes as Africa's largest food-grade recycled PET plant. The combination of clean debt repayment and capital deployment signals an emerging sustainable manufacturing finance model in Nigeria.

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