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Nigeria<br />

LNG<br />

Limited<br />

G<br />

COSCHARIS GROUP<br />

Top 50 brands profile<br />

first Food Drink to be locally manufactured in the country. Full<br />

local manufacture of BOURNVITA commenced in 1965.<br />

The origins of Cadbury Nigeria Plc stretch back to the 1950s<br />

when the business was founded as an operation to source<br />

cocoa beans from Nigeria and as a precursor to enable the<br />

Company's founders to prospect for opportunities to serve<br />

the local consumer market with world famous Cadbury<br />

branded products.<br />

In the early 1960s, an initial packing operation was<br />

established to re-pack imported bulk products. This packing<br />

operation grew rapidly into a fully-fledged manufacturing<br />

operation and resulted in the incorporation of Cadbury<br />

Nigeria Limited in January 1965. In 1976, the Company<br />

became a publicly listed company with shares traded locally<br />

on the Nigerian Stock Exchange.<br />

Introduced in 1960, Cadbury BOURNVITA, (the Company's<br />

flagship brand, was initially imported and repacked at its<br />

factory, located in Agidingbi, Ikeja.Cadbury BOURNVITA<br />

consolidated the Food Drinks market in Nigeria and was the<br />

BOURNVITA was re-launched in a world class,<br />

environmentally-friendly polypropylene jar in 2011 and<br />

remains a market leader in the Food Drinks category today.<br />

Following incorporation, the Company developed other<br />

product categories most notable of which was Candy.<br />

TOMTOM the big black and white sweet for soothing relief<br />

was introduced in 1970 and has sustained a market<br />

leadership position for over 40 years. Other brands of note is<br />

TREBOR BUTTERMINT. In 2012, the Company expanded its<br />

product categories when it launched TANG, the global leader<br />

in powdered beverages, into the Nigerian market.<br />

Cadbury Nigeria Plc has a 99.66% owned subsidiary located<br />

in Ondo State that provides all the cocoa powder required for<br />

the manufacturing of Cadbury BOURNVITA. Stanmark Cocoa<br />

Processing Company Limited From its initial staff strength of<br />

200 people in 1965, Cadbury Nigeria Plc currently employs<br />

more than 1,000 colleagues who have chosen to build their<br />

careers with the Company<br />

.<br />

Cadbury Nigeria Plc is owned 74.99% by Cadbury Schweppes<br />

Overseas Limited, which is itself a wholly owned subsidiary of<br />

Mondelçz International. The remaining 24.01% equity<br />

ownership of the Company is held by a diverse group of<br />

indigenous individual and institutional shareholders.<br />

crude oil, 165 million cubic feet of<br />

natural gas and 4,000 barrels of LPG.<br />

Chevron Nigeria Limited operates and<br />

holds a 40 percent interest in 13<br />

concessions under a joint-venture<br />

arrangement with the Nigerian<br />

National Petroleum Corporation<br />

(NNPC).<br />

honors and award for exemplary service<br />

to humanity and for support for the<br />

host communities. In 2003, CNL won<br />

the U.S. State Department's Award for<br />

Corporate Excellence.<br />

The Nigerian Conservation Foundation<br />

honored CNL in 2002 with its Award for<br />

Environmental Excellence and again in<br />

2010 with its Environmental<br />

Stewardship Award. In 2011, CNL was<br />

awarded the Best Company in Human<br />

Capital Development prize by the<br />

Industrial Training Fund.<br />

Chevron began doing business in<br />

Nigeria in 1913, when Texaco®<br />

products were first marketed in the<br />

country. Following the Nigerian<br />

Indigenization Decree of 1978, which<br />

was designed to raise the level of<br />

Nigerian participation in business, Besides the jobs and capital investments<br />

Chevron is the third-largest oil producer Chevron divested 40 percent of its created by Chevron's large day-to-day<br />

in Nigeria and one of its largest shareholdings to the Nigerian public operations, major economic benefits<br />

investors, spending more than $3 while retaining 60 percent equity in for the community are expected from<br />

billion annually. Chevron Oil Nigeria PLC. the West African Gas Pipeline, the<br />

Escravos gas-to-liquids project, the<br />

Chevron Nigeria Limited operates In 1996, the company built a 103,000- Escravos Gas Plant 3A and related<br />

under a joint-venture arrangement with barrel state-of-the-art storage terminal projects.<br />

the Nigerian National Petroleum and loading facility in Apapa.<br />

Corporation and has assets on land,<br />

CNL started a partnership with the<br />

swamp and near-offshore concessions Nigeria is one of three African countries Lagos Business School to develop local<br />

covering approximately 2.2 million participating in the Arrive Alive contractors who can better fulfill the<br />

acres (8,900 sq km) in the Niger Delta program pioneered by Chevron. The needs of the oil industry. CNL also has<br />

region. Chevron has extensive interests program is making significant strides invested in instructing Nigerian college<br />

in deepwater Nigeria. toward eliminating traffic deaths and students in the use of computer-aided<br />

In 2012, Chevron's net daily production<br />

in Nigeria averaged 238,000 barrels of<br />

injuries in Chevron's host community.<br />

Chevron Nigeria has received various<br />

design.<br />

The<br />

Journal<br />

www.<strong>top50brands</strong>nigeria.com

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