Flour Mills of Nigeria: Company Profile, Overview, and Culture

Flour Mills of Nigeria is an agribusiness company that started in 1960 with the sole purpose of manufacturing affordable and edible food for consumers. The good news about Flour Mills is that it is no longer where it used to be; the growth has been tremendous and the business has blown beyond mere borders. Now, the business operates majorly in four different sectors including Food, Agro-allied, Sugar, and support services. 

Key People at Flour Mills Nigeria Plc

• Mr. John G. Coumantaros - Chairman

• Paul Miyonmide Gbededo - Vice Chairman

• Omoboyede Olusanya - GMD/CEO

• Dr. (Mrs.) Salamatu Hussaini Suleiman - Non-executive

• Professor Jerry Gana - Non-executive

• Alphonso Garate - Non-executive

• Mr. Yannis Katsaounis - Non-executive

• Folusho Phillips - Non-executive

• F.R.A Williams - Non-Executive

• Alhaji Rabiu Gwarzo - Non-Executive

• Yewande Sadiku - Non-Executive

• Alhaji Yunus Olalekan Saliu - Non-Executive

• Alhaji Muhammed K. Ahmad

• Independent Non-Executive Director

Brands of FMN

The brands of Flour Mills Nigeria Plc consist of the following: 

Golden Penny Food

The golden penny food includes:

• Pasta and Indomie: Golden penny noodles, Twists, Macaroni, Spaghettini, Spaghetti, CousCous, Mai Kwabo macaroni, Mai Kwabo spaghetti, Aunty B spaghetti (slim), Aunty B Spaghetti.

• Ball Foods: Semovita, Goldenvita, Masavita, Golden Penny Garri

• Flour: Prime flour, Masa flour, Whole wheat flour, Thai farm. 

Agro-allied

The products that make up the agro-allied brand of FMN include:

• Feed and Proteins: Layer Mash, Extruded catfish juvenile, Chick mash, Grower mash, Broiler super starter, Broiler finisher, Extruded

Tilapia Fish, Layer phase 2. 

• Edible oils and Fats: Golden penny spread, pure vegetable oil, margarine, pure soya oil.

• Starches: Garri, Industrial starch, Cassava flour. 

• Fertilizers: NPK 27-13-13, NPK 20-10-10, NPK 12-12-17 + MgO Fertilizer, NPK 15-15-15, Urea 46-0- 0. 

Sugar

Sweeteners: Premium White Granulated Sugar, Granulated brown sugar, Premium white sugar cubes

Support services

• Bagco: Laminates, Ropes, Threads, Webbings, Blown film, Open market bags, Carrier bags, Shopping bags, and Jumbo bags.

• Apapa bulk terminal limited.

• Golden Transport Ltd.

Company Culture

FMN is a sustainability-inclined company and this is tailored towards respect for its people and environment. The organization is keen on maintaining biodiversity, reducing water usage, waste, and emission of greenhouse gases. Also, the welfare of its employees and community members comes first! Continuously, FMN works towards improving the governance, economic, and social areas of its operations, therefore, creating programs and practices that support the motion. 

Awards

• ICSAN Corporate Governance Award (2022)

• Pearl Awards (2022)

• SERAS Award for Supply Chain Management (2020 and 2021)

• SERAS Award for Best New Entry (2019)

Business Achievements

• FMN received global certification in information security management systems (isms)

• Flour Mills of Nigeria plc released its full-year financials for the year ended 31st March 2019 (Q4) and suggested a 20% dividend increase.

• Flour Mills of Nigeria plc hosted its 61st annual general meeting. 

• Flour Mills group reports NGN298.44 billion in revenue (2017)

• Flour Mills of Nigeria Plc releases its financial result showing huge growth of 51% in Q3 of 2022.

• FMN acquired a 71.69 percent stake in Honeywell Flour Mills Plc (HFMP) 

• For the first time in 8 years, Flour Mills' revenue leaped by 38% in 9 months which translates to NGN1.1 trillion in revenue for Q3 ( 2023). 

Contact FMN

• Email: info@fmnplc.com

• Website: www.fmnplc.com

• Telephone: +2347056891000, +2347056892000

• Facebook: Flour Mills of Nigeria Plc.

• Instagram: @thefmngroup

• LinkedIn Flour Mills of Nigeria Plc 

• Twitter: @thefmngroup

Locations in Nigeria

• Corporate Headquarters: 1 Golden Penny Place, Wharf Road, Apapa, Lagos State, Nigeria.

• Magboro warehouse FMN PLC, Ogun state.

• FMN Golden Transport Company, Gbagada, Lagos.

• FMN/Honeywell Flour Mills Factory, Logbara, Ogun State.

You may want to check out these job openings at FMN!

• HSE Manager

Location: Iganmu, Lagos

Application Closing Date: Not specified

• Head, Project Management

Location: Enugu, Lagos, Abuja, Rivers

Application Closing Date: Not specified

• Manager, IT Quality Assurance

Location: Apapa, Lagos

Application Closing Date: Not specified

• National Sales Manager

Location: Igando, Lagos

Application Closing Date: 30th April 2023

• HSE Manager - Bagco

Location: Lagos

Application Closing Date: Not specified