FMN reiterated its strategic focus on cassava industrialisation as a pathway to agricultural transformation, sustainable jobs, and increased export revenues
The report projects a 38.8% year-on-year growth in profit before tax (PBT) from ₦166.8 billion (US$108.6M) in 2024 to ₦231.5 billion (US$150.7M) in 2025.
The workshop was convened by TechnoServe through its Millers for Nutrition initiative, in partnership with WFP, Partners in Food Solutions, and dsm-firmenich
The partnership comes as Olam Agri establishes a new 350,000 metric tonne soybean processing facility in Kwara State
This growth was largely driven by a marked improvement in operating performance and a recovery in profitability across the company’s flour-based product segments