Seleem Adegunwa, Managing Director of Rite Foods Limited, was last Friday honoured as the Industrialist of the Year by Vanguard Media Limited, in recognition of his bold leadership, entrepreneurial foresight, and the company’s disruptive impact on Nigeria’s fast-moving consumer goods (FMCG) sector.
The award was presented during the 14th Vanguard Personality of the Year Awards, held in Lagos last week Friday.
Eze Anaba, Editor, Vanguard Newspapers, highlighted Adegunwa’s role in driving strategic expansion, strengthening nationwide distribution, and embedding a culture of continuous innovation.
Anaba noted that Rite Foods’ growth had created significant employment opportunities across its value chain, from production and logistics to retail and supplier networks.
Ekuma Eze, Head, Corporate Affairs and Sustainability, Rite Foods, while receiving the award on his behalf, described the recognition as a validation of the company’s mission to redefine the industry through homegrown excellence.
He said that under Adegunwa’s leadership, Rite Foods had redefined competition in the FMCG space, challenging legacy dominance and reshaping consumer expectations through a relentless focus on innovation, quality, and accessibility.
“This honour reflects the work we have done in challenging conventions and delivering products that resonate with consumers. It reinforces our belief that Nigerian companies can compete at the highest level on quality, innovation, and leadership,” he said.
From pioneering product formats to building culturally resonant brands, the company has consistently set new benchmarks, transforming how Nigerians engage with everyday food and beverage products.
According to Eze, the recognition aligns with the spirit of World Creativity and Innovation Day, themed ‘Recreating Tomorrow Today’, a philosophy deeply embedded in Rite Foods’ operations.
He added that by combining cutting-edge manufacturing with insight-driven marketing, the company had not only accelerated growth but also influenced industry direction, earning its place as a market leader.
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