Flour Mills Supports Federal Govt’s Silo Revitalisation, Food Self-sufficiency Plan

Flour Mills of Nigeria (FMN) has emerged arsenic the lone backstage institution to conscionable each conditions and execute optimally successful the national government’s silo concession revitalisation program, aimed astatine combating nutrient wastage and achieving nutrient self-sufficiency successful Nigeria. The revitalisation programme by the Minister of Agriculture and Food Security, Senator Abubakar Kyari, is simply a transformational task successful enactment with the 2017 silos concession task by the FG done the Infrastructure Concession Regulatory Commission (ICRC).

The programme conceded astir 22 retired of 33 silo complexes crossed the state to the backstage sector, to guarantee atom availability and affordability nationwide.

Kyari said, ‘’out of the 17 silo complexes conceded to 5 backstage companies, lone Flour Mills of Nigeria, which operates 3 silo complexes nether 3 abstracted Special Purpose Vehicles (SPVs), has met each conditions and is performing optimally.”

The company’s foray into the Agricultural assemblage started successful 1978, with the acquisition of a 10,000-hectare workplace successful Kaboji, Niger state, arsenic portion of an concern and enlargement strategy designed to make worth successful the Sugar proviso concatenation and trim the reliance connected imported earthy materials.

Since then, FMN has made important investments successful the section cultivation of assorted crops similar soybeans, thenar fruits, cassava, wheat, maize, sweetener cane, sorghum, and the storage, aggregation, and organisation of locally sourced grains.Speaking connected FMN’s implicit six decades of unwavering committedness to feeding and enriching the Lives of millions of radical each day, the Group CEO, FMN, Boye Olusanya, said.

“FMN is much than a Company to Nigeria but besides a beardown state successful maturation and development. For implicit six decades, the Group has been a root of livelihood for millions of Nigerian families by providing some nonstop and indirect employment.

And much than immoderate different concern successful the country, we person guarded our nationalist practice with trust, ensuring that our activities are sustainable for the country, the environment, and astir importantly, for the people.

He stated “Flour Mills of Nigeria exemplifies the important imaginable of strategical alignment betwixt large backstage assemblage actors and nationalist economical policy. Its consistent, semipermanent investments successful backward integration, import substitution, and husbandman empowerment show a heavy committedness to operating successful lockstep with Nigeria’s improvement aspirations.

“FMN remains a committed state and spouse for the national authorities and the Ministry of Agriculture and Food Security nether the enactment of Senator Abubakar  Kyari successful his transformative projects towards driving nutrient self-sufficiency successful Nigeria.”

Incorporated connected the 29th of September 1960, arsenic a constricted liability institution and pioneer wheat miller successful Nigeria, Flour Mills of Nigeria (FMN) started retired connected a travel that has seen the institution evolved into what is present 1 of the biggest brands successful the nutrient and agro-allied manufacture successful Africa.