Top 10 Manufacturing Companies In Nigeria
Nigeria can boost its economy through manufacturing companies. The existence of manufacturing companies in Nigeria can help the government to reduce the poverty rate by reducing the number of unemployed. Nigeria is also famous for its natural resources in Africa, such as oil reserves, limestone, iron ore, gold, and so on. Those natural resources make it easy for Nigeria to develop manufacturing companies, from raw materials to finished products. The country can focus on developing human resources and maintaining the quality of its products based on demand. There are some manufacturing companies that have the potential to develop in Nigeria, such as:
1. Manufacturing companies in Nigeria Flour Mills of Nigeria
The country has owned an agribusiness company called Flour Mills of Nigeria since 1960. The company was founded by George S. Coumantaros. Nowadays, the Flour Mills of Niger release Golden Penny flours that have good quality for bakeries and consumers. The whole resource base of the production is 100% local. Other products from Flour Mills of Nigeria are feed and protein, oils and fats, and sugar. Consumers can also buy pasta, noodles, cereal, and ball foods made by the manufacturer. The whole product of the company is very famous in Nigeria.
2. Unilever Nigeria
One of the most famous companies in Nigeria is Unilever Nigeria. The company, founded in 1923, produces daily products for humans, such as soap, shampoo, and some cosmetics. Some of the brands owned by this company are Lifebuoy, Sunlight, Pepsodent, Vaseline, and so on. However, the company has also ventured into the world of food, such as with Royco and Lipton. The products from this company have a great impact on 3 billion consumers around the world. Unilever itself has manufacturers in 190 countries.
3. Dangote Group
The company produces stainless steel, cement, oil, sugar, and gas. It was founded by Aliko Dangote, who is the richest man in Africa. The company was established in 1981. Now Dangote has many branch companies engaged in many fields, including textiles, foods, and technology. The revenue of the Dangote Group was over US$4.1 billion in 2017, based on Wikipedia. The number of employees in this company is about 30,000. The demand for Dangote cement is growing rapidly.
4. Dufil Prima Foods
This company has survived for 20 years in the food sector. The main product of the company is noodles. The famous brand of noodles is Indo Mie. There are other brands produced by the company, such as Minimie Noodle, Power Pasta, Prima Flour, Power Oil, and Minimie Chinchin.
5. Nestle Nigeria PLC
Nestle Nigeria PLC has been established since 1959. The company produces food and drink in Africa. An example of a famous brand is Nestle Pure Life. There are other brands made by Nestle called Kitkat and Chocomilo.
6. PZ Cussion Nigeria PLC
The company engaged in the food sector is PZ Cussion Nigeria PLC. Some of the well-known brands from the company are Mamador, Nunu, and Yo!
7. United Africa Company of Nigeria
This company is engaged in logistics, agriculture, warehousing, and real estate. It was established in 1931 under the name of Nigerian Motors Ltd. It means that the company has survived for 92 years.
8. Lafarge Cement and Wapco Nigeria PLC
The company runs the business under the name of West African Portland Cement Company. It has a stock exchange in Nigeria that is controlled by the Holcim Group. The company has a capacity of 14.1 million metric tons for cement.
9. May & Baker Nigeria
The company named May & Baker Nigeria was established in 1944 in Nigeria. However, the company spreads its wings to other businesses, such as pharmaceuticals and beverages. There are two famous pharmaceutical products: Artelum as an anti-malaria drug and Diatab as an anti-diabetic drug.
10. Okomu Oil Palm Co.
The last list of top manufacturing companies in Nigeria is Okomu Oil Palm Co. This company runs in many areas, such as agriculture and resource management.
You already know about the top manufacturing company in Nigeria. Those companies gain a high profit every year due to their numerous customers. The companies also have stock exchanges in Africa.
