Kimberly-Clark, the American multinational corporation behind Huggies, has announced plans to cease its manufacturing and sales operations in Nigeria after nearly 15 years.

In a statement released on Friday, the company attributed its decision to a shift in global corporate priorities and current economic conditions in Nigeria.

“Kimberly-Clark has made the tough decision to withdraw from the Nigerian market after almost 15 years,” the statement read. “This move aligns with our recently adjusted strategic priorities and is a response to the economic landscape in the country.”

The company will close its Lagos-based manufacturing plant and commercial office, discontinuing the production and sale of Huggies and Kotex products in Nigeria.

Ensuring a smooth transition for employees and partners, Kimberly-Clark emphasized its commitment to treating all parties with fairness and respect during the exit process.

This announcement comes shortly after the company invested over $100 million in a factory in Lagos’ Ikorodu area, which opened in 2022.

Kimberly-Clark’s exit is part of a broader trend of multinational companies scaling back operations in Nigeria.

In August 2023, GlaxoSmithKline (GSK) Consumer Nigeria Plc revealed plans to wind down operations and transfer business activities to a third-party entity. Similarly, French pharmaceutical firm Sanofi-Aventis Nigeria Limited ceased its direct operations in the country in November 2023.

Furthermore, in December 2023, Procter & Gamble (P&G) announced its intention to shift from local production to importing products.

These developments reflect the increasingly challenging business environment for international corporations in Nigeria.



StatePress is an online newspaper with wide and extensive coverage of socio political events in the Nigerian States, African Continent and beyond.  We break the news, focus on issues without bias and maintain highest level of professionalism in discharging our social responsibility.

Post A Comment: