South Africa’s grocery giant ShopRite Nigeria, has reacted to rumors making the rounds that it is about leaving Nigeria. ShopRite has said the claim is false and that they are not exiting Nigeria.
Ini Archibong, the Country Director for Chastex Consult, made this known in a telephone conversation with Vanguard, Today.
He said, “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.”
“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 $30bn investment and close shop? It doesn’t sound right.
He said they are giving Nigeria investors the opportunity to come in and help expand the business.
