PepsiCo has officially launched local production of its Cheetos snack brand in Nigeria, alongside the commissioning of a $20 million expanded manufacturing facility in Lagos developed with global logistics company DP World. The project is expected to strengthen supply chains, create jobs, and reduce import reliance.
Located in Oshodi, the plant will produce three locally developed Cheetos flavors—Cheese, Coconut, and Sour Cream—using more than 90% Nigerian-sourced raw materials, including corn grits and flour from suppliers such as Northern Nigeria Flour Mills and Grand Cereals. The facility will serve both domestic consumers and export markets across West Africa under the African Continental Free Trade Area (AfCFTA).
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the investment demonstrated renewed confidence in the country’s reform agenda. “This is not just about two companies. It is about what is possible when global business and Nigerian ambition come together,” he stated.
Ahmed El-Sheikh, PepsiCo MENAPAK President, said: “This facility reflects our belief in Nigeria’s future and our commitment to sustainable investment.” DP World Sub-Saharan Africa CEO, Mohammed Akoojee, added that Nigeria was a key hub for regional trade and said the partnership would support efficient, resilient supply chains and boost export potential.
The facility is expected to create hundreds of jobs across manufacturing, logistics, and sales, while also supporting local entrepreneurship. PepsiCo also reaffirmed its community engagement efforts, highlighting water access programs that have reached more than 54,000 Nigerians.
According to the Ministry of Finance, the project represents a significant contribution to industrialization and food security, positioning Nigeria as a manufacturing and export hub in West Africa.