EXCLUSIVE: P&G lays off more workers but firm says not exiting Nigeria

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The firm has struggled lately in the fast-moving consumer goods market it previously dominated for decades, as it faces higher cost.

, the local subsidiary of the American consumer goods maker, has laid off another batch of workers, and has significantly scaled down its operations in the country, indicating its troubled Nigeria operation and uncertain future there, but the firm says it does not plan to leave.

P&G, which operates in some 180 countries of the world, produces a range of products for the Nigerian market, including Always sanitary pad, Pampers, Ariel detergent, Oral B toothpaste, Gillette shaving stick. Our sources said the firm has now paid off what they described as the “final set of workers” in its largest Nigerian plant in Agbara, indicating an “uncertain” future in Nigeria.

In a statement Friday, P&G said it “is committed to the long term in Nigeria and does not plan to exit Nigeria. We continue to be committed to serving consumers in Nigeria leveraging Nigerian talent, Nigerian capability, and Nigerian partners.”

 

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