Flour Mills revenues soar to N771.6bn on strong segment performance
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July 1, 2021860 views0 comments
Agro-allied segment rakes in N139.4bn revenue despite CBN’s FX restrictions on wheat importation
The robust numbers this year follow on the back of the pandemic in 2020 which came with movement restrictions that led to some changes in consumer behaviour whereby they invested more in foods with longer shelf life during the lockdowns; thereby boosting the demand for pasta, noodles, and wheat meal.