Nestle's Products Are Not Healthy, And May Never Be, Company Admits
- The products made by Nestle doesn't meet the international standard set by Australia and other countries
- Nestle said the company has tried its possible best, but the company's products may never be healthy enough to meet the standard score
- Nestle is famous for its products such as KitKat, Milkybar, Aero, and Orion which can be found in Nigerian supermarkets
Consumers of Nestle products are scattered around the world, including Nigeria where it owns the majority shares in Nestle Nigeria. Its famous products in the country are Maggi, Milo, KitKat, Nescafe, Milkybar, Aero, Orion, and Nestle Pure Life.
With its products saturated in the Nigerian market, Nestle admitted that its food and beverage goods will never be healthy for consumption when judged by international requirements for the healthy standard.
In an internal company documents cited by Financial Times, Nestle said no matter how much it renovate, the company can't make most of its products to meet international health standard.
According to reports, 60% of consumer food and beverages produced by Nestle doesn't meet this requirement which is an Australian health star rating system.
The requirement is a five-star scale that demands a company's product meet at least 3.5 stars to be considered healthy. Nestle claimed to have made improvements to score the asking scale, but it eventually fails.
Source: Getty Images
In the internal memo, Nestle said:
"Some of our categories and products will never be 'healthy' no matter how much we renovate."
It added that it is caught between meeting regulatory requirements and customer demand:
"We have made significant improvements to our products ... [but] our portfolio still underperforms against external definitions of health in a landscape where regulatory pressure and consumer demands are skyrocketing."
Meanwhile, Legit.ng had previously reported that Cinemas will raise their asking price for movie tickets before the end of the second half of this year.
It was gathered that cinema ticket price will rise to N5000 from the current N2,500 price. The increase is blamed on rising inflation, dollar rate and global economy.
It was stated that in order for cinema companies to remain in business, ticket prices must go up this year to accommodate for market realities.
Source: Legit.ng
