Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Category Archives: Operations

Recycling critical to environmental preservation, jobs – FBRA

The Food and Beverage Recycling Alliance (FBRA) has emphasised waste recycling, especially those of food and beverage packaging, as vital in environmental preservation.

According to FBRA, the value chain in the recycling process leads to job and wealth creation.

Pernod Ricard buys stake in Africa’s online retailer Jumia

French spirits Group Pernod Ricard announced on Tuesday, 18th December, it had acquired an unspecified stake in African online e-commerce retailer, Jumia.

The move follows Pernod Ricard’s collaboration with the firm to launch a one hour alcohol delivery service in Ghana and Kenya through an app called “Jumia Party”.

Frigoglass to invest €25 – €30 million to enhance capacity in its Nigerian Glass Operations

Frigoglass, the Greek refrigerator and glass bottle manufacturer announced on Thursday that it will invest €25-30 million to expand furnace capacity at its Beta Glass Guinea plant, located in Agbara, Ogun state in Nigeria.

The investment will increase capacity at the plant by 35,000 tons per year.

Food, Beverage & Tobacco Union lament high rate of retrenchment in sector

The Food, Beverage & Tobacco Senior Staff Association (FOBTOB) has expressed sadness over the increased rate of retrenchment of workers by employers in the sector.

The union urged the Federal Government to engage employers in the sector so as to halt the looming crisis the mass lay-offs in the sector may engender in the near future.

International Breweries sets August 28th for commissioning of newly built Sagamu brewery

International Breweries Plc (“IB plc”), the Nigerian unit of Anheuser-Busch InBev has announced Tuesday, August 28 as the date it will commission its newly built brewery.

The new brewery which was constructed at a cost of US$250 million will be commissioned by Nigeria’s President, Muhammadu Buhari.

Employers Union decries high cost of doing business

Food, Beverage and Tobacco Employers (AFBTE) Union have lamented the rising cost of doing business in Nigeria.

The group said that the last one year had been toxic, pointing out that although Nigeria has emerged from a 15-month recession, the economy was still fragile.

FOBTOB hails court judgement against Union busting firms

The National President, Food, Beverage and Tobacco Senior Staff Association (FOBTOB), Comrade Quadri Olaleye, has applauded the judgement of the National Industrial Court (NIC), ordering two Jos-based firms to recall 28 workers who were sacked three years ago for engaging in union activities.

UACN to liquidate Warm Spring Waters Nigeria Limited

United Africa Company Nigeria Plc (“UACN Plc”), a diversified conglomerate and one of Nigeria’s oldest companies announced on Thursday that it will wind up the assets of one of its subsidiary businesses, Warm Spring Waters Nigeria Limited, makers of ‘Gossy’ Table Water based in Ikogosi, Ekiti State.

The company cites weak operational performance due to problems associated with the rural location of the plant at the source of the spring water, logistical challenges, 100% reliance on company-generated power and a difficult operating environment as reasons to shut the business.

Warm Springs Waters commenced business in 2002 in Ikogosi, Ekiti State, in partnership with the Ekiti State Government and some private investors to produce premium quality spring water under the ‘Gossy’ brand.

Promasidor wins ‘Best Kept Industrial Premises Award’

Food and beverage firm Promasidor Nigeria Limited (PNL) has won this year’s ‘Best Kept Industrial Premises Award’ also known as ‘Total Compliance Inspection Competition’.

The award, which is organized by the Manufacturers Association of Nigeria (MAN), tries to address risk governance deficit in the industrial sector by rewarding best practices towards enabling and maintaining clean and safe work environments in industries.

Nestle Nigeria appoints Jagdish Kumar Singla as new Finance & Control Director

Nestle Nigeria Plc has announced the appointment of Mr. Jagdish Kumar Singla to the position of Finance & Control Director effective 1 January 2018.

Mr. Singla will be taking over from Mr. Syed Saiful Islam, the current Finance & Control Director who is being transferred to Nestle Pakistan with effect from 1 January 2018.

Mr. Singla who has been the Country Controller of Nestle Sri Lanka since 2014 joined Nestle India in 1990 and served in various roles at the company’s Moga Factory and in Management Accounting at Nestle’s Head Office in Switzerland. He also worked as Nestle’s Factory Controller in Shuangcheng, China from 1997 and later as Business Controller for Nestle Milks and Nutrition for Greater China Region.