Lagos, Nigeria; May 15, 2020.

As part of an ongoing process of creating a collective identity across its Agro-Allied division, Flour Mills of Nigeria Plc (FMN) today announced the change of name of ROM Oil Mills Limited, its automated edible oil refinery to Premium Edible Oil Products Limited (PEOPL).

The change of name and brand identity, which will take effect from 14th May 2020, is inspired by FMN Group’s new strategy to improve synergy, increase efficiency, and ultimately position FMN for greater operational and financial flexibility for continued business growth.

The new brand identity includes a top-to-bottom redesign of the company’s logo, graphics, communications and correspondences. PEOPL’s new brand assets now include a fresh and simplified logo that features the new name in light grey and a new 3-leaves insignia in green and yellow. The new logo design is part of a new brand identity scheme that has been adopted and incorporated in the logos of all FMN businesses in the Agro-allied sector.

Other than the change of identity, PEOPL’s existing policies on products, customer relations, quality commitment, management and directions shall remain the same. Customers, consumers and other stakeholders will continue to get the best of services that they have become accustomed to with the former ROM Oil Mills Limited.

About Premium Edible Oils Ltd.

Premium Edible Oils Limited (PEOPL) is as at today, one of Nigeria’s largest processors of crude palm oil and soybean. PEOPL is known for consistently producing a range of high-quality edible oil products which include, Golden penny Vegetable & Soya Oil, Spreads, margarine and other edible oil & fats derivatives for manufacturing purposes.

About Flour Mills of Nigeria Plc

Incorporated in September 1960 and quoted on the Nigerian Stock Exchange since 1978, Flour Mills of Nigeria (FMN) Plc, owners of the iconic Golden Penny Food brand is one of Nigeria’s leading food and agro-allied companies. With a broad basket of food products and robust pan- Nigerian production, distribution, and supply chain network, FMN is a fully integrated and diversified food and agro-allied group.

FMN is passionate about it purpose of ‘feeding the nation, everyday,’ and have for 60 years continued to maintain a rich tradition of enhancing the quality of life of Nigerian families by producing wholesome food products. FMN’s iconic food brand, ‘Golden Penny,’ is a household name that is trusted by millions of Nigerian families for great-tasting and nutritious food.