BUA Foods to Build Four New Flour Milling Factories in Nigeria
Nigerian food processing giant, BUA Foods Plc, has signed a historic agreement with Turkish flour milling equipment manufacturer, IMAS, to construct four new wheat and flour milling factories in Nigeria. The state-of-the-art facilities will have a combined milling capacity of 3200 tonnes per day, aimed at enhancing the company’s manufacturing capacity and addressing food challenges in the country.
The move is part of BUA Foods’ strategic expansion plans into new markets since its listing on the Nigerian exchange. According to Adewunmi Desalu, Director of Marketing and Corporate Communications, the new factories will deliver more high-quality products, contributing to food security in Nigeria.
The agreement was formalized during a ceremony attended by top executives from BUA Foods and IMAS. Abdul Samad Rabiu, BUA Foods Plc Chairman, highlighted the significance of the partnership, stating, “This investment is a step towards our target of increasing our share of the Nigerian flour market. The addition of four mills will enable us to produce high-quality flour, offering us the flexibility to address various potential flour needs.”
Mustafa Ozdemir, Vice President of IMAS, added, “We at IMAS are happy to contribute to BUA Foods’ expansion drive aimed at ensuring that more people in Africa have access to affordable and healthy food.”
The construction of these factories is expected to create additional job opportunities across the country, further solidifying BUA Foods’ commitment to improving food security and empowering local communities.
