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About the Company

Flour Mills of Nigeria PLC (FMN) is a leading Nigerian agribusiness company, established in 1960. The company operates in various sectors, including food production, agro-allied industries, port operations, and logistics. FMN’s flagship brand, Golden Penny, offers a range of products such as flour, pasta, noodles, and edible oils. The company is committed to enriching lives by providing superior quality products and services.

Leadership Team

• John Coumantaros – Chairman
• Omoboyede Olusanya – Group Managing Director/CEO
• Jacques Vauthier – Chief Financial Officer
• Paul Gbededo – Group Chief Operating Officer

Corporate Social Responsibility (CSR)

FMN is dedicated to sustainable development and corporate social responsibility. The company focuses on initiatives that promote food security, environmental sustainability, and community development. Through various programs, FMN aims to positively impact the lives of individuals and communities, fostering economic growth and social progress.

Company Milestones

• 1960: Incorporated as a limited liability company and pioneer wheat miller in Nigeria.
• 1978: Became a publicly listed company on the Nigerian Stock Exchange.
• 2012: Commissioned the largest pasta plant in Sub-Saharan Africa.
• 2021: Acquired a majority stake in Honeywell Flour Mills PLC, expanding its market share.