Flourmill

Flour Mills of Nigeria Plc (FMN), one of the largest and a most successful long standing company in Nigeria is primarily, a Foods and Agro Allied company, with interests in food processing and agro allied businesses, across the entire value chain comprising Grains, Sweeteners, Oil and Fats, Starches and Protein.

It has become a fully vertically integrated food company primarily engaged in food processing, which includes flour milling, production of semovita, masavita, pasta, noodles, vegetable oils, margarine & spread and refined sugar; with other activities, such as port operations, cement trade & manufacturing, fertilizer blending, bags & other packaging materials manufacturing and agricultural business.

Incorporate in September 1960, Flour Mills is credited with pioneering flour milling in the country when its first mill was commissioned at Apapa in 1962. It became a public limited company in 1978, and its shares were subsequently listed on The Nigerian Stock Exchange.

Today, the Apapa milling complex has the capacity of over 9,300 metric tonnes per day, making it one of the largest single site mill in the world, within an internationally recognised quality system. It is committed to delighting consumers across Nigeria with consistent delivery of a wide range of quality food products under the iconic brand – “Golden Penny”.

FMN’s interest in becoming the nation’s leading food business company is furthered by its operations in agriculture, livestock feed and pasta manufacturing. As such, the collective clout of FMN stands poised to help achieve the company’s objectives whilst simultaneously improving lives.

Since inception, the brand has not only survived all macroeconomic challenges but has also grown into a market leader with popular and highly recognizable brands, an extensive distribution network, a turnover in excess of N90 billion (USD 700 million), strong profitability, healthy Balance Sheet and a highly skilled workforce.

With over fourteen thousand full and part-time employees, Flourmill is steering the green revolution in Nigeria with the use of locally sourced materials to develop and produce unique consumer products for local markets. This strategy is reducing dependence on imported raw materials and creating value for businesses, consumers and the country at large.