Flour Mills of Nigeria Plc - Company Profile
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Flour Mills of Nigeria Plc (FMN) is a food and agro-allied company that carries out sugarcane cultivation and refining of its by-products, flour milling, production, and distribution of a diverse range of food products. Its product portfolio includes flour, pasta, noodles, margarine, vegetable oils, and refined sugar. The company markets its products under BAGCO, top feeds, eagle feeds, and golden fertilizer brand names. It also involves in the business of livestock feeds; poultry products; farming and other agro-allied downstream activities; and distribution and sale of fertilizer. FMN also carries out the manufacturing and marketing of laminated woven polypropylene sacks and flexible packing materials. The company also carries out port terminal operations including customs clearing, forwarding, shipping and haulage services and leasing of investment property. FMN is headquartered in Lagos, Nigeria.
Headquarters
Nigeria
Address
1, Golden Penny Place, Wharf Road, Apapa, Lagos
Website
www.fmnplc.com
Telephone
234 70 56891000
No of Employees
5,404
Industry
Ingredients
Revenue (2024)
$3.6B
Flour Mills of Nigeria Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Food: | Custom Clearing | Golden Penny Foods |
| Flour | Logistics | BAGCO |
| Rice | Freight Forwarding | Golden Fertilizer |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
Competitor Comparison
| Key Parameters | Flour Mills of Nigeria Plc | Dangote Flour Mills plc | PZ Cussons Nigeria Plc | Crown Flour Mills Ltd | Ideal Flour Mills Limited |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Nigeria | Nigeria | Nigeria | Nigeria |
| City | Apapa | Lagos | Lagos | - | - |
| State/Province | Lagos | - | - | - | - |
| No. of Employees | 5,404 | 4,932 | 946 | - | - |
| Entity Type | Private | Private | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John G. Coumantaros | Chairman | Executive Board | 2014 | - |
| Omoboyede Olusanya | Chief Executive Officer; Managing Director | Executive Board | - | - |
| Anders Kristiansson | Chief Financial Officer | Senior Management | - | - |
| Nassib Raffoul | Managing Director - Honeywell Flour Mills Plc | Senior Management | - | - |
| Wale Adediran | Director - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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