PROFILE

NESTLE NIGERIA PLC

24 Industrial Avenue Ilupeju
Lagos
Nigeria
Phone: 017940425
Fax:
Web Site:


DETAILS
 
Index Membership: Nigerian Stock Exchange
1979




Sector: Food Products
Industry: Consumer Goods
Full Time Employees: 2179



CORPORATE GOVERNANCE
 
The priority of Nestle Nigeria Plc is to ethically manage the Company for profitable long-term growth. Nestle has policies and practices that align management of the Company with the interests of our shareholders. This brings about beneficial relationship in the long term. Nestle believes that good Corporate Governance is a critical factor in achieving business success. The Board of Nestle Nigeria Plc is fully aware of its responsibilities to shareholders and works to achieve implementation of good Corporate Governance. The Board put in place mechanisms that assist it to review, on a regular basis, the operations of the Company so as to ensure that our business is conducted in accordance with good Corporate Governance and global best practices.
 

KEY EXECUTIVES
 
  Pay Exercised
Chief Olusegun Osunkeye ,
Chairman
$$
 
Martin Woolnough ,
$$
 
Martin Kruegel ,
$$
 
Etienne Benet,
$$
 
Frederic Duranton,
$$
 

BUSINESS SUMMARY
 
Nestle Nigeria Plc is part of the Nestle Group, the Nutrition, Health and Wellness company renowned world-wide for its high quality products. Nigeria Plc began simple trading operations in Nigeria in 1961 and has today grown into a leading food manufacturing and marketing company in Nigeria. Nestle Nigeria Plc manufactures and markets a range of high quality brands: Infant cereals - NUTREND, CERELACm GOLDEN MORN, MILO, Confectionery, CHOCOMILO, Bouillon, MAGGI CUBE, MAGGI CHICKEN, MAGGI CRAYFISH,and Nestle PURE LIFE. Nestle also markets coffee - NESCAFE CLASSIC, NESCAFE 3-in-1 and NESCAFE Breakfast, and full cream milk product - Nestle NIDO.
 
 
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