Unilever to set up new plants in Nigeria
In a bid to enhance local manufacturing in Nigeria, Unilever Nigeria Plc has disclosed that it would set up new plants within the country.
The president, Africa-Unilever, Mr. Bruno Witvoet recently revealed the company’s plans to increase its investment in the country and also that the company is working on its backward integration plans, driving towards 100 per cent local sourcing over time.
“Our plans for increased investment will also bring about employment opportunities in the country as workers will be recruited for the new production line, and in the farms for the production and sourcing of local raw materials.”
The Senate president, Bukola Saraki assured that the present administration is vehemently working towards its policy to diversify the economy, also making the country business friendly. He further stated that local sourcing of raw materials will help provide ready market for local produce and thus empowering local farmers.
Saraki noted that the National Assembly will readily give its support and also provide all the incentives that are required to ensure that business and investors are encouraged to make the kind of investments promised by Unilever.
