Fan milk unveiling: French Government promises to attract more investors into Nigeria
The French government says that it is committed to attracting more investors into Nigeria and ensuring French companies like Fan Milk Danone, continue to grow in the country.
Madam Laurence Monmayrant, Consul General of France in Lagos, stated this during the unveiling of the Fan Milk Danone modern frozen dairy product in Ibadan to celebrate the diamond jubilee of its years of operation in Nigeria.
The Consul General in a statement released by the company on Tuesday and made available to the News Agency of Nigeria (NAN) on Wednesday commended the social impact the company had continued to deliver through its business model.
“The French government is committed to attracting investors into Nigeria and ensuring French companies like Fan Milk, Danone, can grow in the country,” she said.
Also, Gov. Seyi Makinde of Oyo State was said to have assured the business community of his administration’s commitment to providing conducive environment for them and their enterprises to thrive, the statement said.
“We remain committed to supporting businesses, creating the right environment, providing adequate infrastructure and security. We assure Fan Milk Danone of our unwavering commitment to its business growth.”
Makinde represented by his Chief of Staff,Mr Segun Ogunwuyi, said Ibadan city had been home to Fan Milk Plc since the 1960s, when it was only a recombination plant, a distribution centre and less than 30 employees.
“It has now developed into an international brand impacting the Nigerian population and other countries on the continent as part of the Danone Company.
“We remain committed to supporting businesses, creating the right environment, providing adequate infrastructure and security. We assure Fan Milk Danone of our unwavering commitment to its business growth.”
Fan Milk Plc., is the maker of ice cream brands including Fan Ice and Go Slo.
Also, Ferdinand Mouko, Managing Director, Fan Milk Danone Nigeria, said in the statement that the company was happy about the scale of its reach and business .
“With this new infrastructure, we can bolster our manufacturing capacity while contributing to employment opportunities and wealth creation for the people in Oyo state and Nigeria at large.
“We are committed to growing with the state as we collaborate with the government,” he said.
Reiterating the importance of the Nigerian market to Danone and the company’s commitment to investing in Nigeria, Mr. Domenico Albanese, Danone Vice President of Operations in Africa, Middle East, and Asia, said that the project cost eight million euros to accomplish.
This, he said, accounted for 50 per cent of the company’s capex for Africa in 2021.
“This investment will be bolstered by the construction of a new yoghurt line expected to open by June 2022 and a recently commissioned water treatment facility to support four neighbouring educational institutions – Eleyele High School, School of Hygiene, School of Nursing, and the School of Health technology.
“Fan Milk Danone promises to keep innovating to better serve the Nigerian populace and foster a healthy and sustainable ecosystem,” he said. (NAN)
