Only a few of the manufacturing companies present in Nigeria has been able to stand out, make a name, and grown to an authority in their industry.
In this article, we would be highlighting the top ten manufacturing companies that have been able to pave a way for themselves in my following writing.
Top 10 Manufacturing Industries in Nigeria
Note: We would be discussing the top ten companies in Nigeria based on their net worth.
Nestle PLC. is a manufacturing industry that was founded in the year 1961. Its main factory is located in Agbara industrial estate, Ogun state. The production and distribution are centered on beverages such as Milo, Nescafe coffee. They also produce and distribute other goods such as bottled water, biscuit etc. it has an estimated net worth of 270 billion US dollars.
This is one of the biggest business conglomerates in Africa. It was founded by Aliko Dangote in the year 1981. Its business market includes Nigeria and other African countries. The company primarily produces and distributes cement, however, over the years it diversified into the production and distribution of other products such as spaghetti, salt, noodles, sugar and more. It’s valued at over 10 billion US dollars.
Founded on 16th of November 1946, it is a pioneer brewery company in Nigeria. It is also the biggest manufacturing industry in Nigeria as far as alcoholic and non-alcoholic beverages are concerned. They produce, manufacture and distribute drinks such as beers, malt, and other soft drinks. Its net worth is 807 million US dollars.
This manufacturing industry is one of the pioneer industries in Nigeria. It was founded on the 11th of April 1929. They deal in the production of almost every consumable goods. They produce and manufacture products such as beverages, body lotions, food seasoning toothpaste, biscuits, cookies etc. Its net worth as of 2017 was 73 billion US dollars.
Pz Cussons Nigeria PLC
Pz Cussing Nigeria PLC. is a chemical and food manufacturing company in Nigeria. It was established in the year 1975. They are popularly known for their Vaseline product. They also produce body lotions, soaps, hand sanitizers and also drugs. As of 2019, its net income was 25.8 million US dollars
Dufil Prima Foods limited
It was established in the year 2001, in Port Harcourt. They are the largest noodle producers in Nigeria. The majorly produce and distribute indomie noodles (the most popular noodles in Nigeria). They also produce vegetable oil, spaghetti, semolina, minimie chin chin. They boast of a purchasing stock worth about 400 million naira, with a total net worth of 3.7 billion naira.
Flour Mills of Nigeria
They started manufacturing in Nigeria on 29th September 1960. As the name implies, they produce and distribute all type of flour. Ranging from wheat flour to cornflour to cassava flour etc. Their major products consist of semolina, baking flour, spaghetti etc. The company has a net worth of 37 million naira.
United Africa Company of Nigeria (UAC)
United Africa Company of Nigeria, also known as UAC was founded in the year 1879. It started as a coffee shop in the marina, Lagos Island. They are primarily involved in the distribution of goods. They are one of the biggest conglomerates in Nigeria. The distribute Rice and other grain products.
Guinness Nigeria plc
This drink manufacturing industry was established in the year 1962. They are one of the largest beer producers in Nigeria. They produce and distribute all sorts of larger beers and stouts. They also produce herbal mixtures.
Lafarge cement started in 2002 as United Cement Company of Nigeria (UNICEM). Lafarge manufactures and distributes only cement. They own a large percentage of the cement market in Nigeria. They also own the elephant cement brand.