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: Fruit Juices

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.

Health industry accused of sabotaging efforts to reduce sugar content in sweetened beverages

Advocates of sugar-tax on sweetened beverages such as Carbonated Soft Drinks (CSDs) in Nigeria say that health organisations as well as medical and public health institutions have been enabling the rise in new cases of diabetes and other non-communicable diseases (NCDs) in the country by accepting billions of naira in donations from soft drink manufacturers in the form of Social Responsibility donations.

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.

Retailers of imported fruit juices come under increased pressure as NAFDAC enforcement spreads nationwide

Distributors and retailers of foreign made fruit juices are feeling more heat as the National Agency for Food and Drug Administration and Control (NAFDAC) spreads its enforcement tentacles across the country to remove the prohibited items from the markets.

NAFDAC declares war on fruit juice importers, retailers; raids shops in Kaduna, Onitsha

The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday moved against importers and retailers of fruit juices in what the agency called a “mop-up” exercise of foreign banned juices in the country.

In Kaduna State, where the exercise was in full-swing, the agency’s Coordinator for the state, Mr. Natim Mullah-Dadi, said that the exercise was as a result of Federal Government import prohibition list with emphasis on super and central markets in the state.

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.

Viju extends line into Yoghurt drinks

Viju Industries Nigeria Limited, makers of dairy-based fruit drinks which come in different flavours announced it was adding yoghurt drinks to its product line.

The Chinese dairy company which entered the Nigerian market in 2004 makes dairy-based fruit drinks derived from milk powder, sugar and fruit juice. Its sales have grown over the years and it now wants to add fast growing yoghurt segment to its product line.

NAFDAC to prosecute supermarkets selling imported fruit juices in 2017, says Oni

The Acting Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mrs. Yetunde Oni, has thrown down the gauntlet, stating that the agency will begin to prosecute supermarkets and stores found selling imported fruit juices as well as importers of the said product come January 2017.

Aggressive marketing, Cost improvements help Suntory Food & Beverage lift sales

Suntory Holdings, the group company that owns Suntory Food and Beverage Limited, said that group revenue fell 0.23% to ¥1.97 trillion yen (approx. $18.7bn) in the first nine months of 2016. However, operating income rose 14.1% to ¥149bn yen ($1.4bn).

Suntory Food and Beverage segment boosted sales 4.4% to ¥1.06 trillion yen ($10bn) in the nine months to September, helped by a strengthening of its brands, creation of new demand for its products, bolstering profitability by reforming its cost structure and improving product quality based on insights from other group companies.

Dansa Foods embarks on lay-offs, suspends juice production as recession takes its toll

Dansa Foods, a unit of Dangote Industries Plc, one of Nigeria’s largest conglomerates and private employer is reported to have sacked half of its workforce amid dwindling sales, tight liquidity and high cost of production attributed to the high foreign exchange costs in the country.