External Restructuring between FMN and Golden Fertilizer

Following detailed deliberations on ways to improve the operations of Flour Mills of Nigeria Plc, the Board considered the option of restructuring the operations of Flour Mills along its core business functions/business value chains, for greater efficiency and effectiveness. Accordingly, it has been considered most appropriate and efficient to restructure the operations of the Company, such that, all the agro allied businesses will operate under a wholly owned Agro Allied holding company.

Feeding the Nation