![]() Specifically, Nigeria between 2002and 2005 heavily relied on foreign sources for 11.3 million metric tons of sugar which cost up to $3.4 billion and an estimated 4,000 local jobs for the skilled and semi-skilled labour force in that period.ĭate from the Nigerian Customs Service (NCS) estimates that N30 billion every year has been spent on sugar importation over the last decade. The Nigerian Sugar Development Council, NSDC estimates that imported sugar accounted for 97 percent of the total sugar supply in the decade before 2012. Nigeria’s journey towards self-sufficiency in sugar production ![]() The FMN Group’s mantra, “Feeding the Nation, every day,” is at the heart of the company’s strategic decisions on what they produce, how and where factories are set up, the level of care that is put into products, and how they interact with host communities and the wider environment. Having pioneered flour milling in Nigeria with its 500 metric tonnes per day wheat mill commissioned at Apapa in 1962, the business has now diversified into foods, agro-allied, logistics & support, and sugar. Read Also: President Buhari inaugurates N50bn Sunti Golden Sugar Estate in Niger ![]() Today, the company is a publicly-traded, vertically integrated supply chain of food, agro-allied and logistics and support businesses. To encourage self-reliance in food production and local sourcing of raw materials.įlour Mills of Nigeria was established in 1960, from a single Flour Mill in the port of Apapa. The sugar estate is owned by the Golden Sugar Company, a subsidiary of Flour Mills of Nigeria (FMN) Plc and was commissioned by President Muhammadu Buhari in 2018, as part of efforts by the government and private sector
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