Our Company

Premium Edible Oils Limited (PEOPL) a subsidiary of the FMN Agro-Allied division is one of Nigeria’s largest processor and refiner of crude palm oil, palm kernel and soybean. PEOPL is known for consistently producing a range of high-quality edible oil consumer products which include - Golden Penny Vegetable Oil, Soya Oil, Spread and Margarine. We also produce other edible oil & industrial fat derivatives for manufacturing purposes.

Presently, PEOPL extracts premium soya oil from soybeans supplied from the group’s Kaboji Farm and from aggregated supplies from up to 100,000 third party farmers in North-Central and North-West Nigeria. After oil extraction, the remaining Soybean Meal (SBM) is supplied to our sister company “Premier Feed Mills”, other animal feed millers, poultry owners Nationwide and exports into international markets.
Soybean processed in PEOPL is NON-GMO and this gives us a distinct advantage.

Our Leadership Board of Directors


Our Products

We produce a range of high-quality products which include Golden Penny Vegetable Oil, Soya Oil, Spread, margarine, Soya Bean Meal and other edible oil & industrial fat derivatives.

Golden Penny
Golden Penny Pure
Vegetable Oil
pure vegetable oil
Golden Penny
Golden Penny
Pure soya oil
pure soya oil

04 March 24
It is not just a career at Premium Edible Oil.
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  • address-icon Alomaja Junction off Ibadan-Ijebu Ode Road, Idi-Ayunre, Ibadan, Oyo State.
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  • time-icon Mon - Fri 08.00am – 5.00pm
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