Olam Agri, a global leader in food, feed, and fibre, has disclosed that the firm has developed a 10-year roadmap for drought-resistant seed development to scale local wheat production.
Anil Nair, country head for Olam Agri, at the firm anniversary celebration in Lagos recently, said the company has a clear vision of where it wants the business to be within the next decade and this is why it created the 10-year roadmap.
Reflecting on over a decade of impact and contribution to Nigeria’s food security pursuit, Olam Agri celebrated 15 years of transformative impact since its acquisition of Crown Flour Mill (CFM), establishing the company as a trusted name in Nigeria’s wheat milling and pasta industry.
Nair said the company is focused on unlocking value for customers, enabling farming communities to prosper sustainably while also striving to become food secure.
“With an extensive distribution network for staples and packaged foods across Nigeria, we continue to drive growth in local food production. Our strong performance over the last 15 years is a testament to our commitment to manufacturing excellence and national food security.”
The anniversary provided a platform to celebrate the business achievements, recognise remarkable inputs by high-performing staff members, and acknowledge support from distributors and partners.
Lauding the impact of the company on his life, Femi Areo, a retail channel member and distribution merchant, explained that Olam has brought nothing short of joy in his life, supporting his business tremendously.
“It provides me with the right support by producing the best quality products and providing on-time delivery.”
The company’s scale in performance has earned it major awards and certifications.
Some of these include the National Productivity Order of Merit Award recognition by the Federal Government, FMDQ Gold Awards recognising the business’s robust operating capacities, and the Food Fortification award for exemplary commitment to delivering on Micronutrient Fortification Index (MFI).
“Our strong profile of achievements in less than two decades of acquisition underlines our dedication to supporting the government’s New Hope Agenda for food security. The business growth under Olam Agri proves what’s possible with the right vision and investment,” said Nitin Mehta, managing director & business head of Olam Agri’s wheat milling and pasta business.
Crown Flour Mill commenced milling operations in 1981 and since acquiring the business in 2010, Olam Agri has invested and grown to become the leading wheat milling and pasta manufacturer in Nigeria, and one of the leading millers in Africa.
From two manufacturing plants 15 years ago, Olam Agri’s wheat milling and pasta business now operates nine plants across the country producing flour, semolina and pasta, backed by strong freight capabilities and global sourcing expertise.
