FoodCo inaugurates fellowship for consumer goods sector leadership

As part of efforts to build capacity for the consumer goods retail sector in Nigeria, FoodCo Nigeria Limited has instituted a fellowship aimed at preparing MBA students for leadership in this 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.

Speaking on the fellowship, the Executive Director of FoodCo, Ade Sun-Basorun, stated that the initiative is targeted at building capacity for management positions.

He added that the FoodCo Fellowship programme had become imperative in order to train a specialized workforce that will drive the expected growth in the sector and help it maximize its potentials.

He said: “As modernization 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.

“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, analyzing 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 organization with their personality and wealth of knowledge gained in the classroom.”

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 organization at the completion of their programmes.

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