Ovaltine

March 18, (THEWILL) — UK‑based Twinings Ovaltine has launched a £24 million manufacturing facility in Lagos, marking the brand’s first major production site in Africa and a significant expansion of its footprint in the region.

The new plant, established in Nigeria’s commercial capital, is expected to create over 100 direct jobs and enhance the company’s ability to serve the West African market with locally manufactured products.

Executives from the company, alongside government and trade officials, described the development as a milestone for manufacturing in Nigeria, highlighting its potential to deepen value‑chain activities in the food and beverage sector.

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The facility is part of broader investment commitments tied to strengthening economic ties between Nigeria and the United Kingdom, especially under the UK‑Nigeria Enhanced Trade and Investment Partnership.

Industry analysts say the move reflects growing confidence among foreign investors in Nigeria’s manufacturing potential and consumer demand. Local production reduces dependence on imports, improves supply chain resilience, and supports job creation, key priorities for policymakers seeking to boost local industrial capacity.

The Lagos facility is also expected to expand export opportunities for Nigerian‑made products across the West African region, helping position the country as a manufacturing hub for consumer goods in Africa.

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Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.

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