Graceco Nigeria Limited
Manufacturing / FMCG - Lagos

Graceco Nigeria Limited is a food processing and manufacturing company which specializes in consumer goods and the production of input for bakers and the confectionary industry. With the continued growth of the middle class and their increasing appetite for snacks and baked goods of various kinds, Graceco Nigeria limited has positioned itself to be a major player in this sector. The industry knowledge and influence of the promoters span Nigeria. The company has its roots in two successful companies that pioneered the sales of Celebration Cakes and confectionaries. Based on in-depth technical-know-how, extensive industry knowledge, and leadership experience gained from 4 decades in the confectionary industry, Graceco is well-equipped to provide high-quality consumer goods to Nigerians and beyond.

At Graceco Limited, our mission is to provide good quality, well packaged and affordable processed food products and to put technology behind the production of Nigerian foods to make them available quickly to homes and consumers.

A couple of years ago, the company set up a pilot plant at Alagbado made up of machines and equipment sourced mainly from China. The company has also researched extensively various food items numbering nearly 30 items. While extensive market research is still needed on the market potentials of many of the products, the company has begun extensive production of cup cakes, icing sugar, chin-chin, and Maize Flour (Ogi). The company has grown its production and sales at nearly 50% per annum.

Even though, substantially at pilot production, the company's products are already well received by consumers through departmental stores and distributors, particularly, in Lagos and the western area. While the company is yet to begin any serious marketing, requests come in daily from Port Harcourt, Owerri, Benin, Abuja, Ilorin and other parts of Nigeria. Obviously, the company's scope for growth is extensive. Its products have appeal across all religions and denominations and they are required all seasons.