Nestle Nigeria PLC- Top50 Brands 2025
Nestlé Nigeria Plc
Year of Establishment | 1961 |
Website | |
Headquarters | 22–24 Industrial Avenue, Ilupeju, Lagos |
MD / CEO | Wassim Elhusseini |
Number of Branches / Operations | 3 manufacturing sites; 7–8 branch offices nationwide; plus Head Office in Lagos |
Areas of Interest | Food and beverage products, including culinary (Maggi), beverages (Milo, Nescafé, Pure Life), dairy (NIDO), infant nutrition (Cerelac, NAN, Lactogen), breakfast cereals (Golden Morn) |
Countries of Operation | Operates in Nigeria; part of Nestlé S.A., a global multinational with presence in 185 countries |
Annual Turnover / Revenue | ₦958.8 billion (2024 annual revenue) |
Number of Staff | Over 2,300 employees |
Marketing Budget | Selling & Marketing Expenses (TTM ending Sept 2024): ₦87.84 billion |
Contact Address | Same as HQ: 22–24 Industrial Avenue, Ilupeju, Lagos, Nigeria |
Best Known As | Nigeria’s premier food and beverage company with iconic household brands and a strong legacy of quality, nutrition, and Creating Shared Value (CSV) |
Nestlé Nigeria Plc, has consistently maintained its position as one of the most valuable and trusted food and beverage companies in Nigeria, a status reaffirmed by its dominant market presence, innovative product portfolio, and longstanding commitment to nutrition, health, and wellness. Its major factories in Agbara and Flowergate, both in Ogun State are supported by an extensive distribution network that reaches all parts of Nigeria.
Nestlé began operations in Nigeria in 1961, as a subsidiary of Nestlé S.A. of Switzerland, one of the world’s largest food and beverage companies. Over six decades later, Nestlé Nigeria has become a household name with products that cut across categories such as beverages, dairy, culinary, and infant nutrition. Its flagship brands- including Milo, Maggi, Golden Morn, Nescafé, Cerelac, NAN Infant Formula, and Nestlé Pure Life Water.
Nestlé Nigeria remains one of the largest companies on the Nigerian Exchange (NGX) by market capitalization. Despite economic headwinds, the company has continued to post robust revenues and profits, rewarding shareholders while also reinvesting in local capacity expansion and supply chains. Its backward integration strategy, particularly sourcing grains, cocoa, and other raw materials locally, has significantly boosted Nigeria’s agricultural sector.
Beyond business, Nestlé Nigeria has distinguished itself with strong sustainability and social impact programmes. Its Nestlé for Healthier Kids (NHK) initiative is reaching millions of children, teachers, and caregivers, promoting healthy eating and active lifestyles. The company also runs the Nestlé Empowering Rural Women in Nigeria Project, supporting female retailers with training, mentorship, and access to finance.
Nestlé Nigeria has earned multiple recognitions, including awards for Best Company in Corporate Governance, Sustainability, and CSR. It has been consistently listed among the Top 50 Brands in Nigeria, reflecting both consumer loyalty and corporate excellence.
Through its iconic brands, strong financial performance, and deep commitment to sustainability and community development, Nestlé Nigeria Plc remains not just a food and beverage leader but a trusted partner in building a healthier, more prosperous Nigeria.
