We have no plans to leave Nigeria ― PZ Cussons

The management of PZ Cussons has refuted a report circulating on the social media claiming the multinational is planning to leave Nigeria, saying “the headline is totally false and misleading.”

In a release issued to this effect on Friday, PZ Cussons said, “We confirm to our consumers, employees, business partners and stakeholders that Nigeria still remains a market of interest for us and have made no plans to leave Nigeria.

The statement reads: “It has come to our notice that a headline is circulating within social media claiming that ‘PZ Cussons is leaving  Nigeria as a result of the tough condition’. This headline is totally false and misleading and creates the impression that PZ has decided to leave Nigeria.

ALSO READ: Your pants or your life? Claims of ladies being held at gunpoint for their pants spread

“The trading statement issued to the London Stock Exchange was clear  on our continued operations in Nigeria ‘whilst these conditions prevail, we will maintain our strong market shares in key product categories in Nigeria until growth returns to the market.’

“This year 2019, we are celebrating 120 years of PZ Cussons making life better and adding value to Nigerians. In our 120 years of doing business in Nigeria, we have faced different conditions and come out stronger at the end.

“We confirm to our consumers, employees, business partners and stakeholders that Nigeria still remains a market of interest for us and have made no plans to leave Nigeria. Our factories in Ikorodu, Aba and all our distribution centres around the country are operational and will continue to be.