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: Dairy

Cadbury Nigeria appoints new Managing Director

Cadbury Nigeria Plc, announced on Tuesday the appointment of Mr. Muhammad Amir Shamsi as its new Managing Director effective 1 February 2017. Mr. Shamsi takes over from Mr. Roy Naaman who resigned effective 31st January 2017.

Mr. Shamsi joined Mondelez International, the parent company of Cadbury Nigeria Plc, as a Marketing Director of its biscuit business in Pakistan in June 2009. From there, he moved up the ranks to become Head of New Categories, Gum & Candy at Kraft Foods, a Mondelez business in West Africa from 2012 to 2013. He became the Marketing Director of Kraft Foods in West Africa from October 2013 to March 2016. From April 2016 to January 2017, he was in charge of Mondelez Innovation kids Wholesome, Global Biscuits in East Hanover, USA.

Fire guts condensed section of FrieslandCampina WAMCO factory

Fire broke out on Friday at the condensed factory premises of FrieslandCampina WAMCO in Ogba Industrial Estate, Ikeja, Lagos State.

However, the fire was quickly contained by the rapid response of the Lagos State Fire Service with support from FrieslandCampina WAMCO safety team and other nearby corporate entities.

FG cuts import tariffs on 115 items including milk, tea

The Federal Government said on Wednesday it had approved the reduction of import duties on 115 items in various sectors of the economy as part of its effort to promote development in critical sectors of the economy.

The tariff reductions were approved by President Muhammadu Buhari as part of its fiscal policy measures of the Federal Government for the country.

The Minister of Finance, Mrs. Kemi Adeosun communicated the measures through a circular, which she said was in line with the provisions of the Economic Community of West African States Common External Tariff.

Two die as policemen shoot at protesting Chi Limited workers

Two casual workers at Chi Limited, makers of fruit and dairy-based juices and yoghurt died when policemen who were called to the scene of protesting workers at the company’s factory in Ajao Estate, Lagos opened fire on them.

The deceased, a 19-year old Daniel Osikoya, and another worker, whose name is not yet known, died from wounds sustained from being shot in the thigh and leg.

CWAY accused of maintaining unhygienic work environment leading to spread of Hepatitis B

CWAY Group Nigeria Limited, a food and beverage manufacturer of purified water, fruit-based milk drinks, and fruit juices, among others has been accused by its workers of maintaining an unhygienic work environment which has led to the spread of Hepatitis B among some of its workers.

France’s Lactalis seeks buyout of Parmalat

French dairy group Lactalis, the world’s largest dairy firm announced on Tuesday it was seeking a buyout offer for remaining shares of Italian dairy firm Parmalat for which it does not already own. Lactalis controls 83.3% of Parmalat and is seeking to acquire additional 12.26% shares, according to a statement released by Sofil – the invest arm of the Besnier family that owns Lactalis.

FrieslandCampina WAMCO MD, Colaco takes up new assignment in China

The Managing Director, FrieslandCampina WAMCO Nigeria Plc, Rahul Colaco, has been appointed Executive Director of the Business Group Consumer Products China effective from 1 January 2017.

He will report to Roelof Joosten, Global CEO, Royal FrieslandCampina, The Netherlands, and he will be located in Shanghai, China.

Colaco will take over the responsibility for the Business Group Consumer Products China from Hein Schumacher, Chief Financial Officer, who is currently fulfilling the role on an interim basis.

Egypt raises tariffs on imports including fruit Juices, Ice cream

Egyptian Government has begun the process of implementing higher tariffs on 320 commodities including fruit juices and ice cream with the aim to reduce imports and boost local production, the Finance Ministry said.

The Government of President Abdel Fattah al-sisi passed a decree to increase tariffs with the objective of creating the necessary climate to attract investment into the country and give a strong boost toward increasing productivity, as well as cutting imports.

Promasidor Nigeria holds Distributors Forum in South Africa

Promasidor Nigeria Limited, makers of Cowbell and Loya milk, among others recently held its Distributors Forum in South Africa, and its Nigerian distributors were flown to Cape Town for the event dubbed – ‘Promasidor Distributors Forum’.

FG Partners L&Z Farms To Develop The Dairy Sector

The Nigerian Government and local dairy firm, L&Z Integrated Dairy Farms based in Kano have signed a Memorandum of Understanding (MoU) aimed at developing the dairy sector and helping to tackle the recurring Fulani herdsmen and farmers clashes in Nigeria.

The MOU signing which took place in Abuja had the Minister of Agriculture and Rural Development, Chief Audu Ogbeh sign for the Federal Government, while L&Z Integrated Dairy Farm chairman Keith Richards signed for the company.