Nestle Nigeria Plc factories in Ogun State and a distribution center at Ota. Brands of Nestle such as Cerelac, Milo, Maggi cube have gained household name status. Nestle Nigeria Plc Nestle Nigeria Plc is a publicly listed food and beverage specialty company headquartered in Lagos. It is majority owned by Nestle S.A. of Switzerland. The company was founded in 1961 and conducted trading under the name of Nestle Products Nigeria Limited. It has its main factory in Agbara Industrial Estate, Ogun State. The firm manufactures breakfast cereal, baby food products, food seasoning and hydrolyzed plant protein mix. The firm was listed as one
Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd was not sufficient that the members of the company would have ratified the director's improper acts - it was also necessary that they must have done so. Shortly after the case was decided, the Insolvency Act 1986 was brought into force. Had that statute been in force at the relevant time the "company law point" would likely not have arisen, as the liquidator would have been able to bring proceedings against the directors in his own name for wrongful trading. Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd Multinational Gas and Petrochemical Co v Multinational Gas