He said that the corporation is losing a significant amount of money based on the audited report that Nestle Nigeria produced in a post that was published on his official X handle on Friday. According to Peter Obi, Nestle was one of their biggest markets in Nigeria ten years ago, with N140 billion in revenue. According to Peter Obi, the company’s profit as of that time was N26 billion. He expressed sadness at Nestle Nigeria’s current massive loss.
Peter Obi wrote on his official X handle;
“Yesterday, I read the disturbing audited report of Nestle Nigeria, which represented a huge loss in the company’s history in Nigeria. This is a company that started operations in 1961, a year after Nigeria’s Independence, operating as Nestlé Products (Nigeria) Limited”. CONTINUE FULL READING>>>>>
