Business

P&G makes N6bn fresh investment in Nigeria

P&G makes N6bn fresh investment in Nigeria

By Princewill Ekwujuru

market

Procter and Gamble has increased its investments in Nigeria by an additional $300million (about (N6billion). The money was invested on its manufacturing plant in Agbara Industrial estate in Ogun State.

The company’s President for India, Middle East &Africa, IMEA, Mohammed Samir , said the company’s commitment to growth and development of Nigeria is reflected in its continued investment in the country.

Speaking about the employees, the IMEA President said: “We place much value on our employees: P&G has a grow-from-within culture and part of this is making sure we attract and select the best talent in the country and groom them to become leaders in their respective professions. “Our employees are taken through extensive training programs across our global offices and given remarkable corporate responsibilities from day one.”

“This commitment has also been extended to upcoming entrepreneurs in other parts of the country and I am proud to inform you that till date, we have provided jobs for over 5000 direct and indirect agents in Nigeria. “A few weeks ago we activated Small Medium Enterprises development academy as part of our commitment to the federal government of Nigeria, by training over 150 young and upcoming entrepreneurs on basic business management skills he quipped.

On the other hand, George Nassar, Managing Director, P&G said he is excited to lead the expansion of P&G through a stronger local presence in Nigeria. “Our success in the manufacturing sector demonstrates P&G’s value as a flexible platform for responding to complex business challenges and i fully expect the organization to become a strategic platform throughout the Nigerian market for many years to come.”