…Opens Investment To Nigerians
By Gbenga Abulude
Superstore Giant, Shoprite has debunked media reports which said that it was preparing to leave Nigeria.
In different reports Monday, the retail giant was said to be preparing exit plans after its business outside South Africa recorded losses.
The Country Director for Chastex Consult working with ShopRite, Ini Archibong, stated that it only gave Nigerian the opportunity to invest in the company.
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He 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 invest and close shop? It doesn’t sound right.
“We only just gave this opportunity to Nigeria investors to come in and also help drive our expansion plan in Nigeria. So we are not leaving.
“I have tried to say this as too many people as I can. There should be no panic at all and all of that. There is no truth in that report.”
Meanwhile, the names of the Nigerian investors is already coming up in the media. According to a source, Mr Tayo Amusan, Chairman of The Persianas Group has been named as one of the Nigerian investors.
