Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. It's mostly owned by a holding company based in

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

and have ties to the company Tolaram Group. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited. It has its main factory in Agbara Industrial Estate,

Ogun State Ogun State is a state in southwestern Nigeria. Created on 3 February 1976 from the former Western State. Ogun State borders Lagos State to the south, Oyo State and Osun State to the north, Ondo State to the east, and the Republic of Benin to the ...

. The firm manufactures breakfast cereal, baby food products, food seasoning and hydrolyzed plant protein mix. The firm was listed as one of the largest 100 companies in Africa by Africa Business magazine.

History

The company began business under the trade name of Nestle Products Nigeria, in 1969, the name was changed to Food Specialties Limited. It began trading on the

Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the ...

in 1979 following an indigenization promotion decree. In 1991, the company's name was changed to Nestle Foods Nigeria and ten years later it became Nestle Nigeria PLC. At inception, the firm's operation was in distribution and sales of Nestle products which had previously been imported into the country by merchants. In 1971, improved demand for its

Maggi Maggi ( or ) is an international brand of seasonings, instant soups, and noodles that originated in Switzerland in the late 19th century. The Maggi company was acquired by Nestlé in 1947. History Early history Julius Maggi (1846–1912) ...

seasoning product led to the establishment of a packaging plant in

Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca ...

. The firm leased land at the newly created Agbara Estate in 1978 and three years later began manufacturing Maggi and Milo products. In 1982, Cerelac was produced in Nigeria from Agbara. Between 1984 and 1986, the company introduced baby weaning products with higher local content, this include Cerelac Maize and Nutrend, with a mixture of soy and maize. It later introduced Chocomilo, a confectionery item. In 2011, the firm expanded production of its marquee with the opening of a Maggi factory in Flowergate, Ogun State. Nestle Waters Nigeria inaugurated a community water facility to ensure safe and healthy drinking water in the Magedari suburb area of Abuja which was part of Nestle's effort to ensure healthy hydration. As parts of the efforts to create water conservation and proper hydration, the Marketing Manager, Nestle, Mrs . Gloria Nwabuike, said they have trained over 800 students, 300 teachers in 140 schools in

Ogun Ogun or Ogoun (Yoruba: Ògún, Portuguese: Ogum, Gu; also spelled Oggun or Ogou; known as Ogún or Ogum in Latin America) is a spirit that appears in several African religions. He attempted to seize the throne after the demise of Obatala, who re ...

Osun Ọṣun, is an orisha, a spirit, a deity, or a goddess that reflects one of the manifestations of the Yorùbá Supreme Being in the Ifá oral tradition and Yoruba-based religions of West Africa. She is one of the most popular and venerated ...

states as well as in the

Federal Capital Territory A territory is an area of land, sea, or space, particularly belonging or connected to a country, person, or animal. In international politics, a territory is usually either the total area from which a state may extract power resources or a ...

Marketing and distribution

Nestle Nigeria has sponsored the Maggi national cooking competition and previously sponsored a Maggi cooking show. It also sponsored sports competition through it Milo brand. The firm has two factories in Ogun State and a distribution center at Ota. Brands of Nestle such as Cerelac, Milo, Maggi cube have gained household name status.

Brands

Food and cereal

Cerelac Cerelac is a brand of instant cereal made by Nestlé. The cereal is promoted for infants 6 months and older as a supplement to breast milk when it is no longer the sole item in an infant's diet. Cerelac is not a substitute for breast milk and it ...

* Nutrend * Golden Morn * NAN * Lactogen

Beverage

* Chocomilo *

Milo Milo may refer to: Arts and entertainment * ''Milo'' (magazine), a strength sports magazine *'' Milo: Sticky Notes and Brain Freeze'', a 2011 children's novel by Alan Silberberg * ''Milo'' (video game), a first-person adventure-puzzle computer ga ...

* NIDO * Nescafe * Purelife water

Seasoning

References

{{reflist Food and drink companies based in Lagos Food and drink companies established in 1961 Manufacturing companies based in Lagos Nigerian companies established in 1961 Nestlé Nigerian subsidiaries of foreign companies