Nourishment of the human body is at the heart of what we do.
At BUA Foods, we take our inputs, and utilise our unique competitive advantages to produce and manufacture high quality food produce and packaged food products, which we sell to the large and growing markets we serve across Nigeria.
In addition, we are developing new markets in West Africa, with a longer-term vision to supply our products across Africa. In this process and along our value chain, we create long-term value for all our stakeholders.
For our customers, we provide high-quality food produce and products, balancing pricing with affordability, and distribution.
Our key inputs are food commodities sourced from agricultural sectors, locally and internationally. The local supply chain is developing, and we are currently keyed into the backward integration programme of the Federal Government in sugar specifically and promoting the local sourcing of paddy rice. As part of our overriding strategy in the sustainable development of the agricultural value chain, with respect to sourcing local raw materials, we will expand our farm-to-table initiatives to include partnerships with out-growers in both wheat and edible oil.
We meet demand from our customers by ensuring continuous production, adequate storage systems and, adding production capacity as required. Our customer delivery system ensures timely delivery to all our customers nationwide, leveraging our extensive fleet of high-capacity trucks. We deliver in bulk to our corporate and trade customers and, utilising our existing distribution, we are building systems to serve a retail customer base. Our suppliers are an important part of our ecosystem. Recognising the value our suppliers add to our business through their products and services, we develop long term relationships with and work closely with them. We deal fairly and ethically with all suppliers, building trust and understanding across board. We also set quality targets for the supply of products and services to ensure that optimal benefits are received by our business.
For our shareholders, we are committed to delivering excellent returns on invested capital by making strategic decisions based on sound value-creation principles. Our aim is to continually ensure the sustainability and resilience of the business, with a focus on the creation and execution of growth strategies in the short and long term.
In our host communities, taking a holistic view, we implement initiatives that support the communities across several dimensions such as healthcare, education, water, roads, etc.
The breadth and depth of our significant manufacturing investments across Nigeria makes it compelling for us to proactively engage various host communities. In doing this, we impact our host communities through economic empowerment from direct and indirect employment opportunities, provision of scholarships for education, power supply, clean water, and health facilities all of which improve the overall standard of living.
Our people are our most prized assets, therefore attracting and retaining talent is a key priority.
Our human resources practices, including recruitment, training, empowerment, retention, succession planning, etc., always revolve around making our employees the best in their various roles across all divisions in the Company. Talent management is a strategic imperative for us and is critical to charting the organisation of the future and building resilience.
We support the government through the payment of taxes, job creation both within and outside our host communities, as well as infrastructure development.
