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Home Business News

Unilever Will Commit More Investment To Nigeria’s Economic Growth – CEO

Chris Pemu by Chris Pemu
March 24, 2016
in Business News
Unilever Will Commit More Investment To Nigeria’s Economic Growth – CEO
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Unilever Africa will further strengthen its investments in Nigeria, as well as commit itself to the growing business sustainably in Nigeria.

President of Unilever Africa, Mr. Bruno Witvoet has expressed his organization’s desires when he met with the Senate President, Dr. Bukola Saraki in Abuja.

Witvoet stated that the company was working on its backward integration plans, driving towards 100% local sourcing over time.

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According to the Unilever Boss, “We are pleased and very confident to state that we are a Nigerian company and we are here to stay. We have been in the country for 92 years and will be here for another 92 years and more.

“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 CEO is hopeful, that the current foreign exchange situation across the continent where black market rates are allowed to play parallel to official rates will be addressed to help in the progress of the economy.

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