Daily Archives: May 23, 2016

Nigerian Breweries targets 60% local sourcing of raw materials by 2018, says MD

Mr. Nicolaas-Vervelde

Nigerian Breweries Plc, said it is targeting 60% of local sourcing of raw materials by 2018. The brewer of Star Lager, Gulder Lager and Legend Extra Stout, among others said it currently sources 47.4% of its raw materials locally. It is projecting that by 2018, that number would go up to 60%, and then 99% by 2020, with the commitment of Heineken, its parent company.

Speaking to the press, the Managing Director of Nigerian Breweries, Mr. Nicolaas Vervelde, said the company is making progress with its partners – International Fertilizer development Centre (IFDC), and Psaltry International, a local processing company, on value extraction from cassava.