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We Are Not Leaving Nigeria – ShopRite Debunks Exit Report

Contrary to the early story which made headlines indicating that ShopRite intends to close shops in Nigeria.

The South Africa’s grocery retailer has debunked the report, saying it is not leaving Nigeria.

The The Country Director for Chastex Consult, Ini Archibong confirmed this in a telephone interview on Monday.

He said:

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.

Shoprite only just given 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



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