Rite Foods CEO Seeks Economic Growth and Job Creation through Local Investment

Rite Foods CEO Seeks Economic Growth and Job Creation through
Rite Foods CEO Seeks Economic Growth and Job Creation through

Rite Foods CEO Emphasizes Passion for National Economy Development and Job Creation

In a recent brand training and facility tour, Seleem Adegunwa, the Chief Executive Officer and Managing Director of Rite Foods Limited, revealed that the company’s massive investment in the beverages, drinks, and sausages sector is driven by a passion to develop the national economy and tackle unemployment.

Adegunwa, who spoke through the Chief Operating Officer, Dr Kehinde Onijingin, emphasized that Rite Foods is a 100% Nigerian company, committed to using its resources to add value to the country’s economy and humanity. The CEO encouraged Nigerians to be change agents in their respective corners, activating impacts that would further expand the country’s economic prosperity.

Rite Foods, which began operations in 2007 as a result of the diversification of its parent company, Fototec, from a photo business into the production of sausages and carbonated drinks in 2016, has made significant strides in the Nigerian market. The company has committed billions of naira to the business, driven by its passion to help grow the economy and tackle unemployment and poverty.

The Head of Corporate Affairs and Sustainability, Mr Ekuma Eze, challenged the government to prioritize attracting local investors over foreigners. Eze highlighted the success story of Rite Foods Limited, which has created about 3,000 direct jobs and several thousands of indirect jobs along the value chain. He emphasized that local investors have what it takes to grow the economy and prosperity base of the nation.

Eze also praised the foresight of the company’s Chairman and founder, Alhaji Adebola Adegunwa, describing him as a beacon of hope and a champion of economic development. Adegunwa’s commitment to strengthening the nation’s economy is worthy of emulation, according to Eze.

Rite Foods prioritizes integrity, excellence, and innovations to drive its commitment to satisfying the people. The company’s dedication to excellence has enabled it to break into the market dominated by multinationals, offering high-quality products to Nigerians and customers worldwide.

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