In a significant move to bolster Nigeria’s agricultural value chain, Folay Industries FZE has introduced a range of cereals and snacks produced entirely from locally sourced raw materials.
The company, located in the Lekki Free Zone, Lagos, is leveraging Nigeria’s agricultural wealth to produce finished goods that meet international standards, while promoting food security and economic growth.
Managing Director, Folay Industries, Yele Oladunni, reaffirmed the company’s commitment to transforming Nigeria’s agro-industrial landscape.
This will be done through innovation and sustainability.
Oladunni in a statement said: “We are proud to introduce products under the flagship Pocco brand, which reflect the potential of Nigeria’s agricultural sector and demonstrate our ability to compete globally.”
The Pocco brand features Whole Grain Corn Flakes, a healthy breakfast option made from premium Nigerian maize; Pocco Bunnies, a unique blend of maize, oats, and chocolate; Pocco Puffs, a range of corn-based snacks available in five exciting flavours; and Pocco Twists, a delicious cereal variety catering to diverse consumer preferences.
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Oladunni explained that the company sources all raw materials locally, working closely with Nigerian farmers to ensure high-quality inputs while empowering rural communities.
“At Folay Industries, we are creating value that benefits everyone along the supply chain, from the farmer in the field to the family at the breakfast table,” he said.
The company’s production facility, equipped with state-of-the-art machinery, allows for rigorous quality control and ensures that consumers have access to nutritious, safe, and affordable food options.
Oladunni said the products are designed to appeal to health-conscious consumers while offering competitive alternatives to imported brands.
Folay Industries is also focused on expanding its reach beyond Nigeria, leveraging its strategic location and access to export incentives in the Lekki Free Zone to promote Made-in-Nigeria products across African markets.
Oladunni emphasised: “Our vision is to promote food security locally while ensuring Nigerian products take their rightful place in international markets.”
The company’s efforts align with Nigeria’s goals of economic diversification and agricultural industrialisation, demonstrating how indigenous firms can drive growth and innovation in the agro-industrial sector.
Oladunni added: “With Folay Industries, we are not just producing food; we are redefining the possibilities of Nigeria’s agricultural wealth.”
The development underscores the transformative potential of local innovation and collaboration in creating value for Nigeria’s economy and strengthening its position in global markets.