Moving Lipton to Nigeria purely global decision - Unilever denies dumsor, bad economy links; says Ghana still good for investment
![](https://cdn.classfmonline.com/cfoZ41e/imagelib/thumbs/98627816.jpg)
The relocation of the production of Lipton to Nigeria's Eketerra from Ghana is a global decision not because of Ghana’s economic crisis, Unilever Ghana PLC has clarified.
The Managing Director of Unilever Ghana, Mr Chris Wulff-Caesar, explained during a tour at the company: “Certain decisions are taken at the global level, which sometimes impact us." "Sometime around 2019, we had to let go of our oils and spread business to another company upfield who are just next door to us", he cited as an example, adding: "And this is all part of a global strategy to focus on certain core categories within the organisation."
He said: “The tea story is very similar. This is not a Unilever Ghana decision. "
"Let me be very clear: this is a global strategy decision to offload its tea operations to allow it to operate in a way that is more efficient and not as part of the current set-up of the way we operate as Unilever globally".
“The tea operations leaving Ghana have nothing to do with dumsor or activities in Ghana. It is a global strategy decision", he stressed.
He noted that the new company, Eketerra, has "taken over that business and not Unilever Nigeria".
"The decision started in 2021, it took time for it to take effect", he revealed.
To him, “Ghana remains a place for investment. There’s still investment going on in our factory. Unilever still sees Ghana as a good investment destination. Unilever is here to stay in Ghana.”
Source: classfmonline.com
Trending Business
Ghana's debt reaches GH¢742 billion, accounting for 70.6% of GDP
17:34LPG marketers deny blocking rollout of CRM
06:29Finance Minister to present 2024 mid-year budget review today
10:13Newmont appoints first Ghanaian MD for Africa
10:57GPHA refutes ex-casual workers’ claims; warns against planned demo
05:40Ghana increases export of petroleum products to neighbouring countries
09:26Akufo-Addo calls for urgent action against illicit financial flows in Africa
05:46BoG to Hold 119th Monetary Policy c’ttee meeting on July, 23
05:47Concerned drivers postpone planned fare increase
06:24Nigeria's Dangote says refinery will hit 550,000-bpd output this year
09:37