Nestlé Nigeria Unveils N4.1bn Milo RTD Factory In Ogun State (Photos)

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Nestlé Nigeria, yesterday officially opened its state-of-the-art Milo RTD factory at Agbara Industrial EstateOgun State. Built with innovative manufacturing technology, the factory complements government’s efforts at boosting local investment and making significant contributions to the nation’s economic growth and development.

The new plant is part of the existing Agbara factory, which has been successfully operating for 37 years.

Speaking at the event, Professor Yemi Osinbajo, the Vice President of the Federal Republic of Nigeria, who inaugurated the plant which is equipped with the latest state of the art technology and adopts high safety and environmental standards, said the present government is committed to providing the infrastructure that will boost industrial growth.

The new plant produces Nestlé Milo Ready-To-Drink (RTD) beverage in 180ml cartons and has a yearly production capacity above 8,000 tonnes.

According to him, “This new plant is a reflection of the continued confidence the industry has in the robustness of our economy. We are grateful to Nestlé for these significant investments, particularly for locating its factories in rural communities and sourcing its raw materials from local farmers contributing to the sustainable development of Nigeria.”

Launched in October 2017, Milo RTD is made from the natural goodness of milk, malt, and cocoa. Milo provides essential nutrients and is fortified with Nestlé’s unique blend of vitamins, ACTIV- GO (Vitamins B3, B2, B6, B12, vitamin C, and vitamin D) and minerals including Calcium and Iron.

“The new Nestlé Milo RTD is complementing the existing range of offerings of our iconic Milo brand. It is conveniently packaged to offer the unique Milo taste and meet the nutrition needs of active children on the go. This is in line with the company’s commitments to enable healthier and happier lives,” said Mauricio Alarcon, Managing Director, and CEO Nestlé Nigeria.

“This new production plant is a true reflection of how Nestlé creates shared value for all, by providing good jobs, sourcing 80% of our inputs with local farmers and investing in the development of rural communities,” he added

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