Business

“Covid-19 has prepared FMCG companies for the current turbulent economy”- Ogaga Ologe  

Ogaga Ologe, finance director of Cadbury Nigeria Plc, stated that the Covid 19 pandemic has prepared Fast Moving Consumer Goods (FMCG) companies for the current turbulent economy.  

According to him, the similarities between the disruptions caused by the Covid 19 pandemic and the current state of the Nigerian economy have made FMCG manufacturers build resilient supply chains in this economy.  

Ogaga stated this during his presentation at the February 17, 2024, industry economic outlook hosted by TheWitness with the theme: FMCG: Sector challenges and opportunities. 

Ogaga who was speaking on FMCG manufacturers building a resilient supply chain in a turbulent economy explained that the post-Covid phase had positively impacted how FMCG companies sell, source and distribute.  

Ogaga further disclosed that FMCG companies have invested in getting products closer to consumers instead of having consumers go out to look for these products.