Gbededo: Flour Mills Has Progressively Improved in Five Years – THISDAYLIVE

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Gbededo: Flour Mills Has Progressively Improved in Five Years Kayode Tokede The Vice Chairman, Flour Mills of Nigeria (FMN) Plc, Mr. Paul Gbededo has expressed that the food and agro-allied company’s performanc

The Vice Chairman, Flour Mills of Nigeria Plc, Mr. Paul Gbededo has expressed that the food and agro-allied company’s performance has progressively improved in the last five years.

At the AGM, the Vice Chairman represented the Board Chairman, Mr. John G. Coumantaros, who announced solid performance across key business segments, with revenue growing by 51per cent. Other special businesses by a special resolution voted on during the AGM include: cancellation of the Company’s unissued shares, separation of the power assets of the company, separation of the manufacturing assets of the company and raising capital to as much as N200billion.

 

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