Nestle Nigeria PLC:  Company profile, Overview and Culture

Nestle is a household name that has been trusted for generations when it comes to food and beverages. The Swiss multinational food and beverage company is present in over 80 countries, has been in operation for over 150 years, and is known for producing several products that cater to the taste and preferences of different customers. Nestle Nigeria PLC is one of the subsidiaries of Nestle founded in 1961 and has its headquarters in Lagos with a main factory in Ogun state, Nigeria. 

Who is the owner of Nestle Nigeria Plc?

Nestle was founded in 1866 by Henri Nestle and is headquartered in Vevey, Switzerland. Today, Nestle is a publicly-traded company which means that ownership is spread across several shareholders. However, Nestle Nigeria branch is currently being spearheaded by Wassim Elhusseini. 

Key people at Nestle Nigeria Plc 

• David Ifezulike - Chairman

• Wassim Elhusseini - Managing Director/Chief Executive Officer

• Jagdish Kunar Singar - Non-Executive Director

• Maurice Alarcon - Non-Executive Director

• Ricardo Charvez - Non-Executive Director

• Gbenga Oyebode - Independent Non-Executive Director

• Juliet Ehimuan - Independent Non-Executive Director

• Adebisi Lamikanra - Independent Non-Executive Director

• Ibukun olu-ipinmoye - Non-Executive Director

Nestle Products

The company's early products were primarily aimed at providing infant nutrition, but it has since expanded into other areas, including snack foods, coffee, and bottled water. Some of the popular brands include:

• Food and cereal: Goldenmorn, Cerelac, NAN, Lactogen, and Nutrend.

• Beverage: Milo, Kitkat, Chocomilo, Nescafe, Coffee, NIDO

• Seasoning: Maggi

Nestle water  

One of Nestle Nigeria PLC's popular products is Nestle Pure Life water. Nestle Pure Life is sourced from natural springs and undergoes a rigorous purification process to ensure that it meets the highest quality standards. The water comes in variants which include the Nestle Pure Life water, Nestle Pure Life Premium water, and the Nestle Pure Life Sparkling water. Also, they come in different sizes depending on the variant. All variants are available for sale on Jumia, other e-commerce stores, and supermarkets around. Nestle Pure Life water is not just a popular choice in Nigeria but also in other countries around the world, especially those who prioritize quality and safety when it comes to drinking water.

Culture and Values at Nestle Nigeria PLC

Nestle Nigeria PLC has over 2000 staff and has instilled in them, a culture of excellence, top-tier creativity, and sustainability. Also, the company is committed to creating shared value which involves creating integrity for its stakeholders while contributing to the economic, environmental, and social well-being of the communities in which it operates. This commitment aligns with the company's decision to accept corpers into its workforce; as a responsible corporate citizen, the company recognizes the importance of investing in the development of young graduates and supporting their integration into the company.

Business Achievements

• Nestle Nigeria was recognized as the best performing Creating Shared Value practicing business entity - 2012

• Nestle Nigeria wins " Best Company in the Eradication of Hunger and Food Security category" at the SERAS Africa Awards - 2020

• Nestle Nigeria joined four other companies to tackle youth unemployment in Nigeria. - 2021

• Nestle Nigeria collaborated with other companies to train 5000 youths with digital skills. - 2021

• Nestle Nigeria celebrated the 6th batch of training program graduates - 2022

• Nestle Nigeria partnered with the Association of Caterers and Food Vendors to improve food business and quality - 2022

In addition to the achievements listed above, in 2022, the company recorded a 27.0% revenue progress in its 2022 financial results compared to its achievement in 2021. This resulted in a NGN 446.8 billion revenue in the year as against NGN 351.8 billion in the previous year. Gross profit for 2022 was pegged at NGN 155.8 billion, a 18.2% increase over 2021.

Over the years, Nestle Nigeria Plc has proceeded to surge its operations in Nigeria, investing in new factories, research and development, and community development initiatives. Today, the company employs thousands of people and operates several factories across the country, producing a wide range of food and beverage products as a symbol of successful foreign investment in the country.

Nestle company is located all around Nigeria, the most important location is the one based in Lagos. Lagos serves a great purpose to companies in Nigeria. A lot of industrial goods manufactured by Nestle is mainly consumed by people in Lagos.

Where is Nestle Company located in Lagos?

The biggest distribution location for Nestle product is located in Ilupeju Lagos. The address is below.

Nestle Nigeria PLC Ilupeju Lagos

22/24 Ilupeju Industrial Ave,

Lagos, Nigeria.

In addition, Nestle has 3 branches in Lagos with over 2300 employees and their head office is located in Lagos, Nigeria.

Find Nestle Nigeria!

Location: Agbara, Ogun state, Nigeria

Website: www.nestle-cwa.com 

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