Femi Ashekun/
With a firm commitment to enhancing Nigeria’s agricultural value chain and positioning locally-made products on the global stage, Folay Industries FZE is carving a path toward industrialisation, food sustainability, and export promotion.
As the first wholly indigenously-owned cereal manufacturing company in Nigeria, the Lekki Free Zone-based enterprise is redefining local food production by embracing locally-sourced raw materials.
By blending innovation, quality, and sustainability, Folay Industries aims to transform the nation’s agricultural resources into finished goods that meet international standards.
“We are not just producing cereals; we are promoting Nigeria’s agricultural wealth and contributing to the economy,” said Mr. Yele Oladunni, Managing Director of Folay Industries FZE, in a statement.
“Our vision aligns with the national drive for food sufficiency, sustainability, and export readiness, ensuring Nigerian products take their rightful place across African markets,” he further noted.
Folay Industries manufactures a range of products under its flagship Pocco brand, including Whole Grain Cornflakes, Pocco Bunnies (a maize, oats, and chocolate cereal), Pocco Puffs (corn-based snacks available in five flavors), and Pocco Twists. These products combine nutritional value with taste, ensuring they appeal to diverse consumer needs while supporting local farmers and suppliers.
The company’s operation model reflects a deliberate focus on empowering local communities and driving economic growth. By sourcing ingredients domestically, Folay Industries creates a ripple effect that boosts the livelihoods of Nigerian farmers and strengthens the nation’s agro-industrial base.
At the core of Folay Industries’ strategy lies its commitment to sustainability and innovation. By working closely with local farmers, the company ensures a steady supply of high-quality raw materials while promoting environmentally responsible farming practices.
This collaboration not only enhances food security but also reduces Nigeria’s dependence on imported agricultural products.
Oladunni noted that the company’s approach to cereal and snack production reflects a “holistic understanding of consumer health and wellness,” combining modern manufacturing techniques with rigorous quality control measures to deliver safe, nutritious, and affordable products.
“Our goal is to create a food system that works for everyone—from the farmer in the field to the family at the breakfast table,” he added.
Folay Industries’ mission extends beyond Nigeria’s borders, as the company actively seeks to expand its market share across Africa. By leveraging its position as an indigenously-owned pioneer in locally-made cereals, it aims to showcase the potential of Made-in-Nigeria products to compete favourably on the international stage.
Through its manufacturing hub in the Lekki Free Zone, Folay Industries benefits from access to modern infrastructure, logistics support, and export incentives, ensuring its products meet the demands of regional and global markets.
With its core values rooted in quality, innovation, and community development, Folay Industries FZE represents the future of Nigeria’s agro-industrial sector. Its flagship Pocco brand has quickly become synonymous with wholesome, affordable, and delicious options for consumers across diverse demographics.
As Nigeria continues to explore opportunities for agricultural industrialisation and economic diversification, Folay Industries is a beacon of what is possible when local resources, expertise, and vision align.
Through its efforts, the company exemplifies how innovation in food manufacturing can transform raw agricultural materials into products that not only feed the nation but also fuel its economy.
“By prioritising sustainability, promoting local content, and fostering partnerships with Nigerian farmers, Folay Industries FZE is not just manufacturing food products—it’s manufacturing a future for Nigeria’s agricultural sector,” Oladunni concluded.
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