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 corporation Multinational corporation Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including "Forbes Global 2000" companies. Multinational corporations are subject to criticisms for lacking ethical standards, and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing of their own wealthy host nation-states. They have also become associated with multinational tax havens and base erosion and profit shifting tax avoidance activities. A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods