Recent Activity
  • Commissioning of 750,000 mtpa sugar refinery in Apapa
  • Commissioning of Agbara plant for pasta, snacks, powdered drinks and breakfast cereals
  • Increased investment in West Mills, Niger Mills, Noodles and Unicem
  • Successful roll-out of Customer Service Centers (local distribution centres with retail-facing fleet and mobile points-of-sale)
  • Signing of joint venture technical support agreement with Adecoagro on Kaboji Farms
  • Upgrade and expansion of Thai Farms International cassava processing facility
  • Establishment of 10,000 Ha cassava plantation in Kwara State
  • Acquisition and rehabilitation of 3,000 Ha oil palm plantation and oil mill (Agri-Palm)
  • Purchase of poultry layer operation in Ibadan
  • Merger of BAGCO and Niger Mills into FMN plc
  • Approval to build second line in Unicem, doubling capacity to 5 million mtpa
  • ISO 9001 accreditation for Apapa Flour, Iganmu Pasta and Bagco operations
  • Official opening of ‘Golden Penny Place’, the new corporate headquarters in Apapa
  • Expanding palm kernel and soybean crushing and oil refining operation at ROM
  • Investment in integrated animal feed plant in Calabar

3Q 2013 financial results presentation

Related Links:
View Nigerian annual reports