As part of efforts to build capacity for the consumer goods retail sector in Nigeria, FoodCo Nigeria Limited, a diversified consumer goods company with interests in retail, manufacturing and fast food, has instituted a fellowship aimed at preparing MBA students for leadership in the category.
This is against the backdrop of projected growth in the food and consumer goods market segment, currently the largest in Africa, which is expected to hit $40 billion by 2020.
Announcing the Fellowship, Executive Director of the Company, Ade Sun-Basorun, stated 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 specialised workforce that will drive the expected growth in the sector and help it maximise its potentials.
He said: “As modernisation and a population shift from rural to urban centres continue to stimulate growth in the…