Four Mills pledges N160bn to develop Nigeria sugar backward integration

Four Mills pledges N160bn to develop Nigeria sugar backward integration

Four Mills pledges N160bn to develop Nigeria sugar backward integration     Nigeria’s food and agro-allied group, Flour Mills of Nigeria Plc has announced an increased investment in sugar production that will soon put its financial commitment to the Nigeria sugar value chain at N160 billion. This is coming with the expansion of itt Sunti Golden Sugar estates to 22,000 hectares by acquiring an additional 5,200 hectares of land at Sunti. It explained in a corporate disclosure at be the Nigerian Exchange Limited (NGX) on Wednesday that the investment is…

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