BUA Foods Plc has announced a significant expansion in its production capabilities by planning to build four state-of-the-art wheat and flour milling factories. The new factories will have a combined milling capacity of 3,200 tonnes daily, reflecting BUA Foods’ ongoing commitment to growth and addressing food security challenges in Nigeria.
Key Points:
- Partnership with IMAS: The agreement with IMAS, a Turkish manufacturer of flour milling equipment, highlights BUA Foods’ dedication to enhancing its production capabilities. The formal ceremony marked a significant milestone in the company’s expansion strategy.
- Expansion Goals: The new mills are part of BUA Foods’ broader strategy to increase its market share and production capacity in the Nigerian flour market. The factories are expected to contribute to higher-quality flour production and address local food security challenges.
- Economic Impact: Chairman Abdul Samad Rabiu emphasized that the investment will not only boost BUA Foods’ production capacity but also create additional job opportunities across the country. This aligns with the company’s goal of supporting local economic growth and food security.
- Support from IMAS: Mustafa Ozdemir, Vice President of IMAS, expressed satisfaction with contributing to BUA Foods’ expansion efforts. The partnership aims to make affordable and healthy food more accessible across Africa.
This expansion represents a major step for BUA Foods in enhancing its role in the Nigerian food industry and addressing the country’s food supply needs.
