NIGERIA – Flour Mills of Nigeria, Nigeria’s food and agro-allied group, has been awarded the high-performance award by the Standards Organisation of Nigeria (SON) and Mandatory Conformity Assessment Programme (MANCAP) Certification.

MANCAP which was introduced by SON in 2006, is a mandatory product certification scheme designed to ensure that locally manufactured products meet the relevant Nigerian Industrial Standards (NIS).

Valid for three years, the certification also aims to provide a level playing field in competitive domestic and international market, while also preventing the dumping of unsafe and counterfeited products in the country.

According to Mrs. Peters Enitan, the Regulatory Compliance Manager, the MANCAP certification and is awarded following satisfactory results after a culmination of a series of regulatory inspections conducted by SON.

Among the inspections conducted by SON include; production facility tour, on-line sample collection, on the –spot- analysis of samples to check compliance to SON standards, as well as an analysis of selected products in SON’s laboratory to ensure the enrichment of required nutrients and compliance with set standards.

“Other aspects of the monitoring visits include compliance to good manufacturing practices within our production environment, as well as the availability of relevant food safety regulatory documentation of our processes, which are sighted on inspection, and taken with them for their records,” She said.

Managing Director, Foods Division, at FMN, Devlin Hainsworth said: “The award is in recognition of companies that have distinguished themselves in their various manufacturing and production categories.

“FMN’s award is for high performance and continuous improvements to the quality of our products in the Flour milling category.”

“As one of the leading foods and agro-allied groups in Nigeria, we are focused on ensuring that the quality of Golden Penny products continually meets consumer and customer expectations.

“It is what we are truly passionate about and dedicated to. It is consistent with our purpose of feeding the nation every day, and ensuring that the millions of Nigerian families who are nourished by our products are always assured of the very best quality at affordable prices,” he added.

Meanwhile, the company has also closed its application list to raise about US$33.32 million (N12bn) in the 8th series of its US$277.64 million (N100bn) Commercial Paper (CP) programme aimed at supporting the firm’s short term funding requirements.

According to a Nairametrics report, FMN offered the 270-day CP with an effective yield of 13.10 percent and a discount rate of 11.9427 percent.