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Golden Sugar Company Limited

Golden Sugar Company is a wholly owned subsidiary of Flour Mills of Nigeria Plc, and a member of the FMN Group. The company operates one of the biggest Sugar Refineries in Nigeria, with a capacity to process 750,000 metric tons of Sugar per annum. As part of FMN’s commitment to the development of the Sugar value chain in Nigeria and in line with the Federal Government’s backward integration policy regarding the mandatory upstream operation requirements for sugar processors, Golden Sugar Company acquired 100% equity in Sunti Golden Sugar Estates Limited (SGSE) which was formally commissioned on the 15th of March 2018 by His Excellency, Muhammadu Buhari (GCFR), President of the Federal Republic of Nigeria.

The N50 billion SGSE investment in Nigeria, is a concrete example of FMN’s commitment to reduce sugar importation, make huge savings in foreign exchange, boost local capacity, and reduce unemployment by putting thousands of Nigerians to work in the agricultural sector.

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