Nestlé Nigeria Mulls Local Sourcing for Affordable Nutrition

August 9, 2019
Nestlé Nigeria Mulls Local Sourcing for Affordable Nutrition

By Dipo Olowookere

The board of Nestlé Nigeria Plc has said the company will focus on providing affordable nutrition to more people in the country through sourcing for its raw materials from within.

The board, which recently announced the results of the company’s operations for the period ended June 30, 2019, said it was impressed.

The growth recorded in the period was attributed to “consistent investment behind our brands, intensified efforts to communicate with our consumers and continuous investment in route to market to deliver better value to consumers.”

The firm thanked its “consumers for their trust and continued loyalty,” while commending the “discipline and dedication of our people for driving sustainable and profitable growth.”

Nestlé Nigeria noted that, “Amid a challenging economic context, we are confident in our company’s capacity to innovate to keep delighting our consumers with nutritionally superior products and foster our people’s ability to win.”

“In turn, these investments will continue to create shared value for our shareholders and for the people of Nigeria,” the firm added.

Concluding, Nestlé Nigeria said, “In line with our purpose which is enhancing quality of life and contributing to a healthier future, we will remain focussed on enabling thriving and resilient communities through local sourcing, expanding the commercialisation of our food and beverages to deliver accessible and affordable nutrition to more people and strengthening our value chain to gain further efficiencies.”

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

Leave a Reply

Free Float Deficiency: Medview Airline to Engage Stockbroker
Previous Story

Free Float Deficiency: Medview Airline to Engage Stockbroker

emefiele visits buhari
Next Story

FG Frustrating CBN’s Efforts to Spur Economic Growth

Latest from Economy

Don't Miss