NFM not closed, but closely monitoring increasing grain prices

NFM not closed, but closely monitoring increasing grain prices

State-owned National Flour Mills Limited (NFM) remains open for business even during the state of emergency.

In a brief statement, the company said it is aware of a social media message being shared saying is it closed.

However, the company said this post is completely false.

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“People are advised to disregard this erroneous message. NFM is open from Monday to Friday and our business hours remain the same. Contact numbers are 625-2416, 625-2451 and 625-4389,” the release said.

Meanwhile, the company has issued an advisory as it relates to the rising cost of grain globally and their import cost.

NFM said there has been a sharp increase in the cost of grain over the last four months and they are trying to absorb costs as much as possible.

The company added that the prices of wheat, yellow corn and soybean have increased by 26%, 60% and 45% respectively.

See NFM’s release below:

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