Nestlé Nigeria Plc has today inaugurated its Milo Ready-To-Drink (RTD)
beverage production plant to meet the growing consumer demand. This 4.1
billion Naira investment will help create 100 additional jobs.
The new plant is part of the existing Agbara factory, which has been
successfully operating for 37 years.
The Vice President of the Federal Republic of Nigeria, Professor Yemi
Osinbajo, inaugurated the plant, which is equipped with the latest state of
the art technology and adopts high safety and environmental standards.
“This new plant is a reflection of the continued confidence the industry
has in the robustness of our economy. We are grateful to Nestlé for these
significant investments, particularly for locating its factories in rural
communities and sourcing its raw materials from local farmers contributing
to the sustainable development of Nigeria,” said the Vice President.
The new plant produces Nestlé Milo Ready-To-Drink (RTD) beverage in 180ml
cartons and has a yearly production capacity above 8,000 tonnes.
Launched in October 2017, Milo RTD is made from the natural goodness of
milk, malt and cocoa. Milo provides essential nutrients and is fortified
with Nestlé’s unique blend of vitamins, ACTIV-GO (Vitamins B3, B2, B6, B12,
vitamin C, and vitamin D) and minerals including Calcium and Iron.
“The new Nestlé Milo RTD is complementing the existing range of offerings
of our iconic Milo brand. It is conveniently packaged to offer the unique
Milo taste and meet the nutrition needs of active children on the go. This
is in line with the company’s commitments to enable healthier and happier
lives,” said Mauricio Alarcon, Managing Director and CEO Nestlé Nigeria.
“This new production plant is a true reflection of how Nestlé creates
shared value for all, by providing good jobs, sourcing 80% of our inputs
with local farmers and investing in the development of rural communities,”
Nestlé has been present in Nigeria since 1961. With a staff strength of
over 2,300 direct employees, 3 manufacturing sites, 8 branch offices and a
head office located in Lagos, Nestlé is a strong pillar of growth in the
Nigerian economy. It produces a range of high quality iconic brands
including Maggi, Milo, Golden Morn, Nescafé and Nestlé Pure Life.