Indigenous mattresses and bedding manufacturer, Mouka has said it budgeted not less than N75 million for product research.
Chief Executive Officer of Mouka, Raymond Murphy, disclosed this during a media engagement that held virtually.
Murphy stated that the company has always directed its innovations towards the demands of the market.
He added that the attitude has enabled the company to retain its leadership position in a highly competitive industry.
The CEO also restated the company’s commitment to quality and vowed never to compromise quality for whatever reason.
Mouka, in its giant stride, would keep on innovating and renovating its product portfolio to keep it exciting and appealing to consumers.
“In addition, the company will continue to give its teeming consumers more value for money by deploying value-added promotions and producing durable products.