Flour Mills of Nigeria

Flour Mills of Nigeria

Active

Venture Capital

RetailTech

Omoboyede Olusanya

Managing Partner

1 Golden Penny Place, Wharf Road, Apapa, Lagos State
Nigeria, Undisclosed
SA

Incorporated on the 29th of September 1960, as a limited liability company and pioneer wheat miller in Nigeria, Flour Mills of Nigeria Plc (FMN) started out on a journey that has seen the company evolve into what is now one of the biggest brands in the foods and agro-allied industry in Africa. Over the years, the FMN brand grew tremendously from operating as a single business, flour miller, to a vast business group with strategic investments that cover key sectors of the Nigerian economy. The group's operations can be categorized into four major sectors of Food, Sugar, Agro-allied, and Support services. Our foray into the Agric sector started in 1978, with the acquisition of a 10,000-hectare farm in Kaboji, Niger state as part of an investment and expansion strategy designed to create value in the supply chain and reduce the reliance on imported raw materials. Since then, we have made substantial investments in the primary processing of locally grown soybean, palm fruit, cassava, maize

4/28/2025