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Company Profile


Flour Mills of Nigeria Plc (FMN) is one of the largest and most successful industrial conglomerates in Nigeria.

The Company’s activities span flour milling, pasta manufacturing, port operations, cement trade & manufacturing, fertilizer blending, bags & other packaging materials manufacturing and agricultural business.

Since its incorporation in 1960, FMN has not only survived all macroeconomic challenges but also grown into a market leader with popular and highly recognizable brands, an extensive distribution network, a turnover in excess of N90 billion (USD 700 million), strong profitability, healthy Balance Sheet and a highly skilled workforce.

FMN has been listed on the Nigerian Stock Exchange since 1978. With a broad ownership base of approximately 67,000 shareholders, it is constantly ranked amongst the top 25 companies in terms of market capitalization. In 2005 the Company successfully completed a N5.24 billion (US$40.7 million) rights issue which was oversubscribed by 8%.

FMN group employs approximately 5,200 staff with diverse ethnic, cultural and religious backgrounds who work harmoniously together to deliver superior value to Nigerian consumers nationwide.

FMN’s corporate policies and practices are built upon the following premises:

  • Continuous pursuit of operational and managerial excellence
  • Superior customer value creation through top-quality and affordable products
  • Life-long personnel training & development
  • Rigorous safety and sanitation policies
  • Environmentally friendly operations
  • Good corporate citizenship

FMN’s subsidiaries include:

  • Nigerian Bag Manufacturing Company Limited (BAGCO), a leading manufacturer of polypropylene bags and polyethylene transwrap
  • Northern Nigeria Flour Mills Plc (NNFM), a leading mill based in Kano
  • Southern Star Shipping Company (Nigeria) Limited (SSSC), a shipping agency
  • Golden Shipping Company Nigeria Limited (GSC), a shipping company/agency
  • Golden Pasta Company Limited, the leading pasta manufacturer in W. Africa
  • Apapa Bulk Terminal Limited (ABTL), a terminal port operator
  • Flour Mills Registrar Limited (FMRL), a provider of registrar services to FMN and NNFM 
  • Niger Mills Company Limited, a leading milling company based in Calabar, Cross River State.

Flour Mills of Nigeria Plc also holds interest in other companies, some of which are:

  • Maiduguri Flour Mills Limited, a flour mill based in Maiduguri, Borno State 
  • United Cement Company of Nigeria Limited. (UNICEM), a cement manufacturing plant in Calabar, Cross River State 
  • Kaboji Farms Limited, a state-of-the-art farm located near Kontagora, Niger State

For inquiries please contact: info@fmnplc.com



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