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 become the largest company in the world for nearly 200 years. The main characteristics of multinational companies are: Multinational corporations can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile; as of 2014, the Netherlands has been a popular choice, as it has fewer requirements for meetings, compensation, and audit committees. As of 2014, Great Britain had advantages due to laws on withholding dividends and a double-taxation treaty with the United States. Corporations can legally engage in tax avoidance through their jurisdiction, but must be careful to avoid illegal