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Nov 11, 2014· At the centre of the Nigerian flour milling industry is the Flour Mills of Nigeria (FMN), one of the world’s largest flour complexes, which has been milling in Lagos since 1960. Every week FMN receives an average shipload of 35 thousand metric tons of up to seven different types of wheat for milling.[...]

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The Flour Milling Industry is largely dependent on imported inputs. The basic raw material for flour processing is wheat and it is estimated that about 97% of the wheat that is used by flour milling companies is imported. With high tariffs being imposed on imports, the cost of producing flour in Nigeria …[...]

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During FY07, the shareholding of United Cement Company of Nigeria Limited (Unicem), which was founded on a 50-50 joint venture between Flour Mills of Nigeria Plc and Holcim Trading S.A. of Spain, will be restructured and strengthened in view of the huge capital outlay required for the successful[...]

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