HENKEL Nigeria, a leading German multinational, renowned for its WAW and Nittol detergents in the country, has reaffirmed its commitment to supporting Nigeria’s industrial development. This commitment comes amid growing awareness of the potential of Nigeria’s non-oil industry to diversify the economy.
This was the focus of discussion during the courtesy visit by the firm’s management team, led by the Managing Director, Rajat Kapur, along with Head of Finance, Kadir Demirtas, and other key members of the management team.
They met with the Minister of Industry, Trade, and Investment, Dr. Doris Nkiruka Uzoka-Anite, in Abuja, with the aim of strengthening collaboration and identifying strategies to overcome challenges hindering mutual growth and development within Nigeria’s industrial sector.
During the visit, Kapur informed the minister of the company’s efforts in driving safety and innovation, promoting Environment, Social, and Governance (ESG), and contributing to the nation’s industrial advancement.
Acknowledging the ministry’s crucial role in Nigeria’s industrial promotion, Kapur highlighted the company’s eagerness to work closely with the government in overcoming challenges to industrial advancement.
He also emphasised the critical need to cultivate an enabling business environment in the country, with a particular focus on facilitating access to forex and ensuring stable energy supply.
Kapur highlighted the necessity for policy regulations that would provide relief to manufacturers in the nation, emphasising this as a prerequisite for bolstering economic growth and sustainability.
He added: “We recognise the private sector’s vital role in national development, aligning perfectly with the Federal Government’s vision for economic prosperity. We are also mindful of the fact that fostering innovation, securing jobs, and engaging in sustainable business practices are significant steps in contributing to Nigeria’s growth.”
In her response, the minister commended the firm for its contributions to the country’s economy and welcomed the opportunity to strengthen ties with the company. Acknowledging Henkel’s reputation for excellence and its track record of innovation and empowerment, the minister expressed optimism about the potential for fruitful collaboration between the ministry and Henkel Nigeria in overcoming current economic challenges.
“We are fully prepared to ensure that your company, along with others operating in the country, receives the appropriate position within the economy,” she said
