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Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant - Business - Nairaland

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Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by FlirtyKaren(f): 6:45pm On Jul 06, 2018
Reports went viral two days ago that Procter & Gamble (P&G) may be shutting down its production plant situated in Agbara Industrial Estate, Southwest, Nigeria, exactly one year after launching the $300 million factory.

Earlier reports quoted the reason for the shut down to be that “the company is battling with the challenge posed by government policies that regulate the importation of raw materials for its production.”

PremiumTimes reported that an insider familiar with the development disclosed this to them while another source said the factor responsible for the shutdown was the unhealthy competition being faced by the company.

However, Lailasnews.com has received a statement signed by Temitope Iluyemi, Director Global Government Relations & Public Policy, Procter & Gamble SSA which says these reasons are incorrect.

Read the statement we received below:

AGBARA PLANT CLOSURE: Correct facts about the plant restructuring project

We are aware of the media publications quoting incorrect information about the closure of the P&G Agbara Plant site and hereby issue the correct facts of the plant restructuring project.

P&G is restructuring its Nigeria manufacturing operations to deliver a more effective business operation for now and sustainably for the future. This will entail an exit from production in its Agbara plant.

We will strengthen our manufacturing operations in the Ibadan plant, scale up our contract manufacturing operations as well as continue to invest in our local talents.

P&G is a foremost global consumer goods providing world class products sold in over 180 countries worldwide. This is purely a business decision for a sustainable and innovative business operation in Nigeria.

P&G is a model investor in Nigeria investing economically and socially and investing in technology transfer in partnership with local suppliers, agencies, contract manufacturers and the Government to deliver key development objectives of inclusive growth.

We have been operating with world class standards in Nigeria for over 25 years, we believe in Nigeria’s potential and are here to stay for the long haul developing our Nigerian talent. manufacturing operations in the Ibadan plant, scale up our contract manufacturing operations as well as continue to invest in our local talents.

Source - https://lailasnews.com/correct-facts-why-pg-is-shutting-down-its-300-million-agbara-plant/

5 Likes 2 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by MANNABBQGRILLS: 6:46pm On Jul 06, 2018
................ while another source said the factor responsible for the shutdown was the unhealthy competition being faced by the company



Too bad they gave up their diaper production just after one year.
Healthy competition is the real thing.
Competition has drastically affected our world. Competition will be around us no matter what we do. In the past, present, and future it has had an effect on our activities and how we rely on each other, it affects our daily lives. Competition is the pinnacle of what makes us what we are. 
Never give up.

27 Likes 4 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Mynd44: 7:00pm On Jul 06, 2018
I Don't know why Nigerians are so weird. P&G is just shutting down its diaper line at Agbara not the entire plant. I guess people prefer false news

81 Likes 6 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Deivid10(m): 7:01pm On Jul 06, 2018
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Deivid10(m): 7:01pm On Jul 06, 2018
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by SamuelAnyawu(m): 7:02pm On Jul 06, 2018
grin
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:02pm On Jul 06, 2018
Sai baba

4 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by airsaylongcon: 7:02pm On Jul 06, 2018
Wow
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by PearlStreet(m): 7:02pm On Jul 06, 2018
Mofix diapers has killed pampers.

45 Likes 2 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by MANNABBQGRILLS: 7:02pm On Jul 06, 2018
Mynd44:
I Don't know why Nigerians are so weird. P&G is just shutting down its diaper line at Agbara not the entire plant. I guess people prefer false news
Good observations.
Nigerians and false news!

32 Likes 4 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by TheAngry1: 7:03pm On Jul 06, 2018
Reno 'the parrot' Omokri ran with the story like a masturbating teenager without verifying its authenticity. Okponu oshi!

28 Likes 1 Share

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by BonkoINC: 7:03pm On Jul 06, 2018
Mehn.. this country ehn..

I don't just know.. if it forbids anything good at all.

6 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by PearlStreet(m): 7:03pm On Jul 06, 2018
Mynd44:
I Don't know why Nigerians are so weird. P&G is just shutting down its diaper line at Agbara not the entire plant. I guess people prefer false news

Since Nigerians are weird and you're a Sudanese, what's making P&G shut down its diaper line within the plant commissioned just a year ago?

Don't relay the crap written in their statement to me, that's an indictment of their actuarial scientists and the lack of foresightedness of their management.

Note that they only gave us exit plans of action, they never stated the reason.

81 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by iHart(m): 7:03pm On Jul 06, 2018
they are yet to say the truth.


...and the truth will not be far from govt policies.

28 Likes 1 Share

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:04pm On Jul 06, 2018
But Op, are they shutting the diaper production line or the whole company




But the "correct facts" is polished to play down the real reason. Why leave Agbara that I know to Ibadan? What about agglomeration economies? What about proximity to teeming Lagos Population? Lagos is the transport hub (for distribution).

I once discussed sales with one of my customers and he told me that "pamper" business is a tough one.

3 Likes 1 Share

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:04pm On Jul 06, 2018
'Restructuring' a big word for 'closing'.

10 Likes 2 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:05pm On Jul 06, 2018
angry
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by imam07: 7:05pm On Jul 06, 2018
Dangote and the govt are behind many companies are folding up. Very soon we go hear that Dangote are planning to buy the company or will invest in pampers production.

10 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by tiwiex(m): 7:06pm On Jul 06, 2018
MANNABBQGRILLS:
................ while another source said the factor responsible for the shutdown was the unhealthy competition being faced by the company



Too bad.
Healthy competition is the real thing.
You try oh. I didn't even see any reason in this release.

3 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by BarryX(m): 7:06pm On Jul 06, 2018
This will entail an exit from production in its Agbara plant.

Exit from production equates shutting down abeg. Don't bamboozle people with unusual correctness to save face and PR.

Probably the presidency called them to do a PR all in effort not to make this failed government look bad.

We know all these things, Stay woke

37 Likes 2 Shares

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:07pm On Jul 06, 2018
SamuelAnyawu:
grin
The hustle is real Oga PR
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by SheikhMuniru(m): 7:07pm On Jul 06, 2018
9ja IS GOING TO AN ERA OF DESTRUCTION AS THIS TIME OF APC AND BUBU AS HEAD OF COWS

2 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by ivolt: 7:07pm On Jul 06, 2018
The PR agent said nothing about the reason for the shutdown, yet the mod include "Facts" in the headline.

8 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Mynd44: 7:08pm On Jul 06, 2018
Senselin:
But Op, are they shutting the diaper production line or the whole company

Diaper line. And they are moving the line to Ibadan. Not shutting down the entire plant

5 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by imam07: 7:08pm On Jul 06, 2018
Mynd44:
I Don't know why Nigerians are so weird. P&G is just shutting down its diaper line at Agbara not the entire plant. I guess people prefer false news
Mr ogbeni, cant you reason straight? If they dont have problems, why are they closing the plant. They have hidden problem they dont want to disclose.

16 Likes

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by anibi9674: 7:09pm On Jul 06, 2018
ok.
Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Pitokwe(m): 7:09pm On Jul 06, 2018
Molfix killed pampers within just three years.

Molfix is also dying gradually because of bad leadership

Quote me anywhere

3 Likes 1 Share

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Nobody: 7:09pm On Jul 06, 2018
Legalese speak.

They have stated clearly that they are shutting down the reported $300million Agbara plant, with no reference to opening any one of similar size elsewhere.

11 Likes 1 Share

Re: Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant by Mynd44: 7:10pm On Jul 06, 2018
imam07:
Mr ogbeni, cant you reason straight? If they dont have problems, why are they closing the plant. They have hidden problem they dont want to disclose.
Uncle Ogbeni, they are not closing the plant. Just moving the diaper line to their Ibadan plant

10 Likes 1 Share

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