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Food supply

Olam Agri Unveils 10-Year Roadmap for Drought-Resistant Wheat Seed Development

Strategic Insights

— 1 min read

As Olam Agri celebrated 15 years of transformative impact in Nigeria's food security pursuit, the company disclosed its 10-year roadmap for drought-resistant seed development to scale local wheat production. Anil Nair, country head for Olam Agri, emphasized the company's vision to unlock value for customers, enable farming communities to prosper sustainably, and strive for food security. The anniversary celebration highlighted the company's achievements, remarkable staff inputs, and partnerships. With a strong distribution network and manufacturing excellence, Olam Agri has become a trusted name in Nigeria's wheat milling and pasta industry.

Key Takeaways:

  • Olam Agri has developed a 10-year roadmap for drought-resistant seed development to scale local wheat production, aiming to unlock value for customers and enable farming communities to prosper sustainably.
  • The company has invested heavily in Nigeria's food security pursuit, celebrating 15 years of transformative impact since acquiring Crown Flour Mill in 2010.
  • Olam Agri's scale in performance has earned it major awards and certifications, including the National Productivity Order of Merit Award and FMDQ Gold Awards.
  • The company operates nine manufacturing plants across the country, producing flour, semolina, and pasta, backed by strong freight capabilities and global sourcing expertise.
  • Olam Agri's wheat milling and pasta business has become the leading miller in Africa, testament to its commitment to manufacturing excellence and national food security.
  • The company's strong distribution network has enabled growth in local food production, driving Nigeria's food security pursuit.
  • Olam Agri's vision aligns with the Federal Government's New Hope Agenda for food security, demonstrating the company's dedication to supporting the government's initiatives.

Statistics:

  • 10 years: duration of Olam Agri's roadmap for drought-resistant seed development
  • 15 years: time since Olam Agri acquired Crown Flour Mill in 2010
  • 9: number of manufacturing plants operated by Olam Agri's wheat milling and pasta business
  • 2: number of manufacturing plants 15 years ago, expanded to 9 under Olam Agri's investment
  • 1981: year Crown Flour Mill commenced milling operations
  • 2010: year Olam Agri acquired Crown Flour Mill
  • 15: number of years Olam Agri has been a trusted name in Nigeria's wheat milling and pasta industry

Sources:

  • Anil Nair, country head for Olam Agri (as cited in the text)
  • Nitin Mehta, managing director and business head of Olam Agri's wheat milling and pasta business (as cited in the text)
  • Femi Areo, retail channel member and distribution merchant (as cited in the text)

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