We are expanding in Nigeria, not leaving, Shoprite makes clarification

Shoprite Nigeria has made clarification regarding the ‘misinformation’ making the rounds that it has commenced a formal process to sell off its outlets in Nigeria and leave the country.

The Country Director for Chastex Consult, Ini Archibong said “Shoprite is not leaving Nigeria.

“We have only just opened to Nigerian investors which we have also been talking to just before now. We are not leaving, who leaves over a $30billion investment and close shop? It doesn’t sound right.

In a memo sent to their employees, the company clarified that it is opening up to Nigerian investors, as part of its expansion plans.

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