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
OECD Guidelines for Multinational Enterprises OECD Guidelines for Multinational Enterprises The OECD Guidelines for Multinational Enterprises are an annex to the OECD Declaration on International Investment and Multinational Enterprises. They are recommendations providing principles and standards for responsible business conduct for multinational corporations operating in or from countries adhering to the Declaration. The Guidelines are legally nonbinding, but the OECD Investment Committee and its Working Party on Responsible Business Conduct encourage implementation among adherents. Originally, the Declaration and the Guidelines were adopted by the OECD in 1976. The Guidelines were subsequently revised in 1979, 1982, 1984, 1991, 2000 and 2011. The Guidelines cover business ethics