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FoodCo Donates Borehole to Yemetu
FoodCo Nigeria, a Top 5 retailer in the country, has reaffirmed its commitment to fostering sustainable community partnerships with the launch of a borehole facility in Yemetu community, Ibadan, Oyo State.
The initiative, a part of the company’s Corporate Social Responsibility (CSR) campaign, aims at providing clean and accessible water to underserved communities in line with UN Sustainable Development Goal 6.
Speaking on the project, Funmi Aiyepeku, ChFoodCo, noted that the intervention was inspired by the company’s CSR thrust of investing in the sustainability of its communities.
She said: “At FoodCo, we believe that businesses have a duty to invest in the growth and development of their host communities. One of the ways we are meeting this is by ensuring access to water and sanitation in underserved communities within the environs of our business. This also aligns with the UN SDG 6 which states that access to safe water, sanitation and hygiene is the most basic human need for health and well-being.
“The Yemetu borehole project underscores our dedication to supporting our community partners in meeting critical social needs. This campaign is one of the several touchpoints through which we give back to the communities that help our business thrive. In the coming months, we will be replicating similar interventions in other underserved areas.”
Established in 1982 as a fresh fruit and vegetable store, FoodCo is a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment. With 22 outlets spread across Oyo, Lagos and Ogun States, the company operates the largest supermarket chain brand in the Southwest, outside Lagos.
FoodCo was listed in the Financial Times annual Africa’s Fastest Growing Companies ranking for the consecutive years 2021 and 2022.