Vitafoam wins top impact award

Vitafoam Nigeria Plc has been named among Nigeria’s Top 50 Companies of Impact 2026, in recognition of its contribution to industrial development through local manufacturing, innovation, job creation, sustainability and regional expansion. Group Managing Director, Vitafoam Nigeria Plc, Taiwo Adeniyi, said the recognition underscored the critical role of manufacturing in driving sustainable economic growth. According to him, the award reflected Vitafoam’s ability to create jobs, deepen local value chains, support innovation and improve quality of life through locally manufactured products. The recognition comes on the heels of a strong financial performance by the company, which recorded a 1,751 per cent increase in pre-tax profit to N21.2 billion in 2025. Adeniyi, who was represented by the company’s Brand Manager, Chima Onyemaobi, attributed the performance to strategic discipline, improved operational efficiency, cost management, portfolio diversification, stronger pricing and supply-chain optimisation.