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 corporation include increased inequality, unemployment, and wage stagnation. The aggressive use of tax avoidance schemes, and multinational tax havens, allows multinational corporations to gain competitive advantages over small and medium-sized enterprises. Organizations such as the Tax Justice Network criticize governments for allowing multinational organizations to escape tax, particularly by using base erosion and profit shifting (BEPS) tax tools, since less money can be spent for public services. 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,