Makers Of Huggies Diapers Exits Nigeria Over Harsh Economy

Kimberly-Clark, the American multinational and makers of “Huggies”, has announced its decision to stop local manufacturing and sales operations in Nigeria.

This marks the end of its 14-year presence in the country.

The company disclosed this decision in a statement released on Friday.

It attributed the move to its recently adjusted global strategic priorities and the prevailing economic conditions in Nigeria.

“Kimberly-Clark today announces it has made the difficult decision to exit its business in Nigeria after almost 15 years, due to recently refocused company strategic priorities globally as well as economic developments in the country,” the statement read.

The company said it will shut down its manufacturing facility and commercial office in Lagos, discontinuing the production, marketing, and sales of its Huggies and Kotex products in Nigeria.

The company assured all that its foremost priority is to meet its commitments and ensure that employees and partners are treated with fairness and respect during the transition.

Kimberly-Clark had invested significantly in Nigeria, opening a factory in the Ikorodu area of Lagos in 2022, which was estimated to cost over $100 million.

The company’s exist follows a recent trend of multinational corporations exiting the Nigerian market.