Tag Archives: FrieslandCampina WAMCO Nigeria Plc

FrieslandCampina WAMCO Supports 100,000 Families in Fight against COVID-19

April 09, 2020   Editor   No comments

FrieslandCampina WAMCO Nigeria PLC has announced its decision to support over 100,000 Nigerian families with a relief package of dairy products in its commitment to join hands with the government to make a difference in the fight against COVID-19.

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PZ Cussons Nigeria set to exit dairy business with proposed sale of Nutricima to FrieslandCampina WAMCO

March 21, 2020   Editor   No comments
nutricima

British-based consumer goods company PZ Cussons Plc has announced the proposed sale of its Nutricima Nigeria dairy business.

In a statement, the company said it has exchanged contracts for the sale of the assets associated with Nutricima’s business to FrieslandCampina WAMCO Nigeria Plc, an affiliate of Royal FrieslandCampina in the Netherlands. Under Nigerian law, completion of the transaction is subject to merger clearance in Nigeria, the statement read.

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CBN grants forex waivers to five dairy companies to import milk; restrictions remain in place for others

February 12, 2020   Editor   No comments
milk

The Central Bank of Nigeria (CBN), on Monday, issued a circular granting foreign exchange waiver to five dairy companies to import milk into the country.

The companies which received forex waivers include FrieslandCampina WAMCO Nigeria; CHI Limited; TG Arla Dairy Products Limited; Promasidor Nigeria Limited; Nestle Nigeria PLC and Integrated Dairies Limited.

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FrieslandCampina WAMCO Gets New App for Dairy Farmers

December 19, 2019   Editor   No comments
FrieslandCampina WAMCO Gets New App for Dairy Farmers

Two Nigerian entrepreneurs (former students of the University of Ibadan) and three research students from the Delft University of Technology, The Netherlands, have developed a mobile software application to help dairy farmers perform better.

Named the ‘mDairy App’ according to the company’s spokesperson and Executive Director, Corporate Affairs, Mrs. Ore Famurewa, the effort is being made in partnership with FrieslandCampina WAMCO.

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FrieslandCampina WAMCO dairy development Programme improves farmers’ livelihoods – FC WAMCO

December 06, 2019   Editor   No comments
FrieslandCampina WAMCO

Dairy giant FrieslandCampina WAMCO says its Dairy Development Programme (DDP) continues to impact the lives of dairy farmers in rural communities.

According to the company, the farmers are given the opportunity to participate in technical and entrepreneurial trainings, thus safeguarding food security and nutrition.

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FrieslandCampina WAMCO signs MoU with Niger State Government

December 03, 2019   Editor   No comments
MoU Signing FrieslandCampina WAMCO and President Buhari

President Muhammadu Buhari and his Dutch counterpart, Prime Minister of The Netherlands, Mark Rutte, are happy with the public-private partnership between FrieslandCampina WAMCO Nigeria PLC, producer of dairy brands Peak and Three Crowns milk, and the Niger State government on the backward integration initiative ongoing on 10,000 Hectares of Land at the Bobi Grazing Reserve in the state under FrieslandCampina WAMCO’s Dairy Development Programme (DDP).

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Forex restriction on dairy likely to lead to higher milk prices, says milk producers

September 25, 2019   Editor   No comments
milk

Milk producers in the country have said that foreign exchange restriction on milk imports would ultimately lead to higher prices of milk products for consumers.

“Of course, it will definitely affect prices. There is a difference of about N55 or N60 per dollar between the exchange rate on the black market and the interbank market,” said the General Manager, External Affairs, PZ Cussons, Mohammed Tahir at a dairy Congress in July.

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Four local firms soon to begin local production of milk, says CBN

September 24, 2019   Editor   No comments
dairy

The Central Bank of Nigeria (CBN) has said that four dairy firms have commenced the process for the local production of milk.

The CBN Governor, Godwin Emefiele made this known in Abuja on Thursday. He said the companies are FrieslandCampina WAMCO, Neon Agro, CHI Limited and Irish Dairy. The companies, he noted have all expressed interest to invest in Bobi Grazing Reserve in Niger State.

Bobi Grazing Reserve located in Mariga Local Government Area is part of 26 Grazing Reserves gazette under a livestock development initiative by the Niger State government in partnership with the CBN.

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CBN mulls ban on forex for dairy imports to boost local production

July 22, 2019   Editor   No comments

The Central Bank of Nigeria (CBN) is said to have concluded plans to restrict foreign exchange availability for dairy imports in a bid to boost local production and investment in ranches.

Sources privy to discussions held between the CBN Governor, Godwin Emefiele and milk producers said that he told them that foreign exchange would soon be restricted for dairy imports at both the official exchange and parallel markets if they do not invest in ranches, a move he said would reduce the ongoing farmers and herders conflict in the country.

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FrieslandCampina WAMCO partners 2Scale to transform local milk production in Nigeria

July 12, 2019   Editor   No comments

The Netherlands’ Minister for Foreign Trade and Development Cooperation, H.E. Mrs. Sigrid Kaag has affirmed that given the consistent result FrieslandCampina WAMCO has recorded in local milk sourcing, Nigeria has the right partner to stimulate growth in the industry.

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