Mixed Reactions Trail Shoprite’s Plan To Exit Nigerian Market


Mixed reactions have trailed Shoprite’s plan to exit Nigeria, the continent’s biggest market, after 15 years of opening its first store in the country.

The biggest grocery retailer in Africa in a statement announced that it has started a formal process to consider the potential sale of all or a majority stake in its supermarkets in Nigeria.

The megastore company with presence in virtually all states in Nigeria hinged this decision on the coronavirus pandemic which has disrupted major businesses globally.

It stated that it has been approached by potential investors willing to take over its Nigerian operations.

The announcement has since sparked reactions from many Nigerians who took to Twitter to air their varying opinions.

See some reactions below;

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