FoodCo launches 15th outlet in Arolugun, Ibadan

One of the leading omni channel retailers, FoodCo Nigeria Limited, has announced the opening of a new outlet in Arologun, Ibadan, Oyo State.

The launch brings the total number of brand outlets to 15, spread across Oyo, Lagos and Ogun States. It also consolidates FoodCo’s position as operators of one of the largest supermarket chain brand in Oyo and top five in the country.

Speaking on the new store, Ade Sun-Basorun, chief executive officer, FoodCo, said that the move was in furtherance of the company’s commitment towards meeting the growing demand for modern retail in the country.

Sun-Basorun said: “We are excited to announce the opening of FoodCo’s 15th outlet. Given that Ibadan is the birthplace of the brand, FoodCo shares a special relationship with the city and we have continued to enjoy enormous goodwill and support from our teeming base of customers and well-wishers since we opened our first shop almost 40 years ago. We are optimistic that this new outlet will further strengthen the bond that exists between the brand and the city.

“As a customer-focused brand, FoodCo’s values are built around delivering excellent customer satisfaction and growing the industry for the benefit of all stakeholders.

“This is a major motivation behind our investments in deepening modern retail penetration in the country in order to meet the increasing demand from the bourgeoning middle-class and sophisticated customer segment who crave the convenience, quality assurance and superior customer service that the sector offers.”

He said residents of Arologun and environs can be assured of top-quality groceries, household products, toiletries and apparel at the usual competitive price at the outlet.

The outlet he said also has a Quick Service Restaurant which offers delicious local and international cuisine as well as tasty pastries so customers are guaranteed of a truly exciting experience.

Established 40 years ago, FoodCo is a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment.

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.