Flour Mills of Nigeria (FMN) has restated its commitment to strengthening local content development and reducing reliance on imported raw materials, reinforcing a strategic vision it has upheld for over six decades.
As one of Nigeria’s leading diversified pan-African food and agro-allied companies, FMN has pledged to intensify its role as a cornerstone partner in driving the country’s agricultural transformation.
This commitment builds on the Group’s 65 years of enriching lives and supporting food security in the nation.
FMN’s agricultural journey began in 1978 with the acquisition of a 10,000-hectare farm in Kaboji, Niger State, as part of an investment strategy to expand operations, create value in the sugar supply chain, and reduce imports.
Since then, the company has significantly invested in cultivating crops such as soybeans, palm fruits, cassava, wheat, maize, sugarcane, and sorghum, while also advancing grain storage, aggregation, and distribution across Nigeria.
The Group’s agenda for local content development is sustained through substantial investments in food production and yield transformation initiatives.
One of its most impactful programmes is the outgrower scheme and agronomy support system, which has empowered over 400,000 smallholder farmers nationwide.
These farmers are equipped with resources to cultivate crops within FMN’s value chain, which are then used in producing some of Nigeria’s most iconic food products, including the popular Golden Penny Foods.
Through its subsidiary, Golden Agri Inputs Limited (GAIL) under FMN Agro Ltd, the Group has developed strong outgrower schemes for more than 50,000 Nigerian farmers.
This initiative provides access to high-yield hybrid varieties, advanced agronomy practices, aggregation and storage facilities, and guaranteed markets for crops such as maize, soybean, sorghum, cassava, wheat, and palm kernel.
Speaking on the company’s unwavering partnership with Nigeria, Group CEO Boye Olusanya, said;
“FMN is more than a company to Nigeria, but also a strong ally in growth and development”.
For over six decades, the Group has been a source of livelihood for millions of Nigerian families by providing both direct and indirect employment.
FMN reaffirmed that it will continue to deepen farmer-focused initiatives through training programmes, expanded market access, and comprehensive support for food cultivation and production.
Source: Tribune Online
