Backward Integration Programme : Cadbury Int’l empowers Nigerian cocoa farmers
As part of its backward integration initiatives, Cadbury Nigeria, through its parent company, Mondelēz International, launched Cocoa Life, the company’s global cocoa sustainability programme, in Nigeria in July 2022.
The programme currently covers six states in the country namely Ekiti, Ogun, Osun, Ondo, Oyo, and Cross River, and it has empowered thousands of farmers.
Mondelez International has a majority equity-interest of 79.39 percent in Cadbury Nigeria through its holding in Cadbury Schweppes Overseas Limited.
The remaining 20.61 percent equity-ownership is held by a diverse group of Nigerian individuals and institutional shareholders.
Frederick Mordi, Head, Corporate Communications and Government Affairs, Cadbury Nigeria, issued the statement on behalf of the Company.
