Nestle Nigeria Plc 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 of the largest 100 companies in Africa by Africa Business magazine. The company began business under the trade name of Nestle Products Nigeria, in
Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd Multinational Gas and Petrochemical Co v Multinational Gas and Petrochemical Services Ltd [1983] Ch 258 is a leading United Kingdom company law case relating to directors' liability. The case is the principal authority for the proposition that a company will not be able to make any claim against a director for breach of duty where the acts of the director have been ratified by the members of the company. The plaintiff company (Multinational Gas and Petrochemical Co) was a joint venture company formed between three shareholders to engage