The Pan-African Food and Agro-Giant, FMN, has maintained a proven record of commitment to fostering food self-sufficiency in Nigeria.
Phase one supported the cultivation of 118,000 hectares of wheat in the 2023/2024 dry season, tripling national wheat output to an estimated 0.5 mmt.
The appointment places Khalifa at the center of efforts to optimize procurement, strengthen supply chains and drive cost efficiencies across one of Nigeria’s largest listed companies.
Honeywell Flour Mills remained profitable from April to December 2025, but earnings declined compared to the previous year due to lower revenue and higher expenses.
Total assets climbed to N1.39 trillion, up 26 per cent on 2024, driven by growth in current assets, including cash and receivables, as well as strategic reinvestment of earnings.