BUSINESSNEWS

P&G EXPANDS PRODUCTION LINE

procter and gamble

Procter and Gamble Nigeria (P&G) has completed a $300 million manufacturing plant in Agbara industrial estate, Ado-Ota/Ota Local Government Area of Ogun state. This is part of the company’s mission to deepen its production capacity in Nigeria and to sustain its status as leading global consumer goods company.

According to official information gathered by BusinessDay, the soon-to-be-commissioned $300 million Procter and Gamble Nigeria plant in Agbara industrial estate would be the largest single U.S investment in the country and would be expected to provide about 2,000 direct jobs for Nigerians and several thousands of indirect jobs when it becomes operational.

Speaking at the company’s facility tour undertaken in Agbara by Bimbo Ashiru, commissioner for commerce and industry, Ogun state, Temitope Iluyemi, the P&G Sub-Sahara Government Relations Associate Director, disclosed that the plant which was constructed within 18 months would be out soon to deepen consumer goods production in the country.

Iluyemi said that the inauguration of the plant which would be done this week (Thursday) would not only contribute significantly to the nation’s gross domestic product and create direct and indirect jobs for teeming Nigerians, but would also assist local small and medium-scale enterprises upgrade their businesses since P&G was poised to produce user-friendly and quality products that would meet international standard and specification.

She however, commended Ogun State Government’s drive for industrialisation which she described as “friendly atmosphere for investment to thrive”, pledging that P&G would continue to be partner in progress to both Federal and State governments, saying it would also not relent in performing its corporate social responsibility.

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