Unilever
Nigeria Plc, which manufactures, detergents and toothpaste said consumer
spending will continue to hold firm in Africa’s largest economy, despite
uncertainty from an Islamic insurgency in the north and elections due by
February.
“We
will see some growth in consumer spending this year, in spite of the turbulence
in the market and a certain degree of sales depression in some regions,”
managing director Yaw Nsarkoh, said in an interview yesterday at an investment
conference in Lagos.
“While
the country faces some short term issues, we have a