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Unilever Nigeria reaffirms commitment to country’s growth

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Unilever Nigeria, a prominent player in the country’s consumer goods industry, has reiterated its steadfast commitment to Nigeria’s economic prosperity and development.

This assurance was conveyed during a courtesy visit by the board and management of Unilever Nigeria to the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

The delegation, led by Unilever Nigeria’s acting Board Chairman, Mike Ikpoki, and National Finance Director, Mrs. Folake Ogundipe, emphasized the company’s dedication to maintaining its operations within Nigeria.

Speaking at the meeting, Ikpoki emphasized Unilever Nigeria’s enduring presence in the country, highlighting the company’s recent milestone of celebrating 100 years of operations. He cited the company’s robust financial performance in 2023, marked by significant increases in revenue and profits, as a testament to its resilience and adaptability.

Ikpoki underscored Unilever Nigeria’s commitment to the Nigerian market, emphasizing a business model characterized by agile pricing strategies, local sourcing, and production. He noted that these initiatives, coupled with a revised brand portfolio tailored to Nigerian consumers, have been facilitated by an established local distribution network.

In response, Honourable Minister Edun commended Unilever Nigeria’s contribution to employment generation and talent development within the country. He lauded the company’s century-long presence in Nigeria and expressed satisfaction with its continued profitability over the years.

Assuring the delegation of the government’s commitment to fostering inclusive economic growth, Minister Edun highlighted ongoing initiatives aimed at creating a conducive business environment for all stakeholders.

The courtesy visit also featured representatives from Unilever Nigeria, including the Head of Corporate Affairs and Sustainable Business, Godfrey Adejumoh, Corporate Communications Specialist, Afomre Ubogu, and Customer Development Director, Mike Ubeh. Additionally, the delegation included representatives from the Manufacturers Association of Nigeria (MAN) and the Federal Ministry of Finance.


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