The Group Managing Director and Chief Executive Officer,
Responding to media enquiry, Adeniyi identified the factors that may put
He said production costs across the member countries also limits
He stated further: "We are still behind in number of areas; we might be able to kick in quickly and use that agreement, but the risk we run is that some of the products will be probably cheap in the other environment. They will find their way into
"Something must be done about the borders. As of now, we are tackling the issue of agricultural and other food items But foreign goods still find their ways into the country through the borders. Until that is addressed, we have an issue.
"Again, the operating environment in
Meanwhile,
The manufacturer of foams and other household materials declared a dividend of N1.88 billion for the year, an increase of 114 per cent over the previous year.
Adeniyi attributed the company's impressive performance to its customer-centric policy. He noted that the company did not indulge in doing research for its sake but always develop a new product on the basis of customers' needs.
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