FoodCo develops membership for Consumer Goods Sector Leadership

Must Read

FG to shut Third Mainland Bridge on July 24 for 6 months

The Federal Government is set to shut the Third Mainland Bridge for six months starting from Friday, July 24. This...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

Here is the list of Providus Bank Branches in Lagos

A little over two years after it was granted a commercial banking license with regional authorization by the Central...

Being part of attempts to strengthen capacity for the consumer goods retail sector in Nigeria, FoodCo Nigeria Limited, a diversified consumer goods company with stakes in retail, manufacturing and fast food, has organised a society aimed at outfitting MBA students for leadership in the division.

This is toward the backdrop of proposed growth in the food and consumer goods market section, currently the largest in Africa, which is presumed to score $40 billion by 2020.

Declaring the Fellowship, Executive Director of the Company, Ade Sun-Basorun affirmed that the initiative was targeted at building capacity for management positions. He added that the FoodCo Fellowship programme had become imperative in order to train a specific workforce that will manage the expected growth in the sector and support it maximise its potentials.

He stated: “As modernisation and a population shift from rural to urban centres continue to stimulate growth in the Nigerian consumer goods retail sector, the FoodCo Fellowship programme aims at preparing a complementary workforce with the requisite skills and disposition to harness the vast opportunities within the sector and transform it into a significant economic bloc.”

- Advertisement -

He continued: “Candidates are selected from MBA or Masters programmes and set up in teams where they are expected to solve real-world operational issues including team building, leading others, analysing problems, communicating solutions and progress in both related and non-related fields. Whereas similar programmes place trainees in a learning position where they understudy employees in the hopes of gaining work experience or mandatory credits for their degrees, the FoodCo Fellowship puts fellows in the centre of everyday business decision-making and practice so they can learn while simultaneously impacting the organisation with their personality and wealth of knowledge gained in the classroom.

Read Also:  Nigeria Has Room for More Public Debt, Expert Insists

While calling on qualified candidates to seize the opportunity of the fellowship to gain expertise that will help them meet the challenges of Nigeria’s fast-evolving consumer goods retail space, Sun-Basorun disclosed that successful participants will be offered full-time employment with the organisation at the completion of their programs.

Since inception in 1982, FoodCo, an indigenous brand, has been deepening innovation in the consumer goods space using homegrown talents and initiatives. The company recently introduced state-of-the-art shopping malls in Ibadan, incorporating supermarkets, restaurants and an entertainment centre to help customers meet their needs within one convenient location.

Last year, the company launched a scholarship scheme to support qualified junior staff in attaining tertiary education in related fields.

- Advertisement -
FoodCo develops membership for Consumer Goods Sector LeadershipFoodCo develops membership for Consumer Goods Sector Leadership

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

FoodCo develops membership for Consumer Goods Sector LeadershipFoodCo develops membership for Consumer Goods Sector Leadership

Latest News

H1 2020 Review and Outlook plus Investment Strategy for H2 2020

Executive Summary The global economy is expected to witness negative growth – IMF predicts a decline in global output by...

Union Diagnostic and Clinical Services Plc Announces Delay in Filing its Q1 2020 Unaudited Financial Statements

Union Diagnostic and Clinical Services Plc hereby wishes to inform The Nigerian Stock Exchange and the investing public that it was unable to file...

UBA Group Announces Appointment of Deputy Managing Directors for Nigeria and Africa

Lagos, Nigeria, July 07, 2020 United Bank for Africa Plc (UBA), the leading pan-African financial services group, is pleased to announce the appointments of Ayoku...

West African Consumer Sentiment Reflects Global Uncertainty – Nielsen

Ghanaian consumer confidence declines by 15 points Nigerian sentiment also experiences a significant decline Lagos, 7 July 2020 - Against the backdrop of the unprecedented...

BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19

Total sales affected by the impact of the worldwide pandemic Initial signs of recovery in individual markets at the end of Q2  ...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -FoodCo develops membership for Consumer Goods Sector LeadershipFoodCo develops membership for Consumer Goods Sector Leadership