date:Sep 15, 2012
Flour Mills of Nigeria plans to invest N200bn ($1.25bn) in various projects, in order to boost food production in Nigeria.
The plan was disclosed by the company's chairman George Coumantaros at its 52nd annual general meeting in Lagos.
George Coumantaros was quoted by the businessdayonline.com as saying that the company's objective is to be involved in all stages of the food value-chain, where a profitable agro-allied platform will facilitate the growth of the food business.
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