Nestlé Nigeria Plc is a cornerstone of Nigeria’s food and beverage industry, delivering nutrition, health, and wellness for over six decades since its founding in 1961. As a subsidiary of global powerhouse Nestlé S.A., it is publicly listed and a dominant player on the Nigerian Stock Exchange.
With a workforce of over 2,500 employees, three manufacturing sites, and seven branch offices, Nestlé produces a wide array of household brands such as Maggi, Milo, Golden Morn, Nescafé, and Nestlé Pure Life. The company operates under two core segments: food (including baby nutrition and seasonings) and beverages (encompassing coffee, dairy, and bottled water).
Nestlé Nigeria’s approach is deeply rooted in its Creating Shared Value (CSV) philosophy, which underpins initiatives in nutrition, youth development, rural livelihoods, and environmental stewardship. Notably, the company’s investments in technical training centres in Agbara, Abaji, and Flowergate have equipped thousands of youths with practical skills, supporting national efforts to reduce unemployment. Additionally, its sponsorship of the MILO Basketball Championship has promoted grassroots sports development across the country for 25 years.
Financially, Nestlé Nigeria has demonstrated resilience and strong growth. In Q1 2025, it reported ₦294.9 billion in revenue, a 61% increase year-on-year, and achieved a profit-before-tax of ₦51.2 billion, rebounding from a prior loss. The company continues to invest in local production, including energy-efficient upgrades at its Agbara factory and partnerships with local ingredient suppliers, all vital in Nigeria’s volatile foreign-exchange environment.
As Nestlé Nigeria moves forward, its mission remains clear: to enrich the quality of life of individuals and communities while maintaining business excellence, innovation, and sustainable growth, truly embodying a legacy designed to last.
