The Managing Director, Unilever Nigeria Plc, Mr. Yaw Nsarkoh, has said the company will step up its capital investment in the country by building another factory in Ogun State.

He said this on Wednesday when he led the management team of the company on a courtesy visit to the state governor, Senator Ibikunle Amosun, in his Oke Mosan office in Abeokuta.

He noted that Unilever Nigeria Plc was not a flight by night business entity but a company which had made 75 per cent of its turnover annually from Nigeria from products in its Ogun state factory.

He said, “The state is strategic to our business. We have been here and we have been through thick and thin. We are not a flight by night business. Unilever Nigeria Plc wants to be here and intends to ride the storm.

“Despite the economic challenges, we are stepping up our capital investment in Nigeria, a personal care product factory will be built here in the state.”

Nsarkoh, who said the company had offered employment to over 100,000 Nigerians, expressed the optimism that the country would emerge stronger after the current economic storm.

He said the company believed in the survival of the community, because the community would drive the survival of any business.

Nsarkoh noted that company recycled most of its waste and adhere to best practices in maintaining a healthy environment while doing its business.