We’re Not Leaving’ – Shoprite Reacts To Exit Rumour, Makes U-Turn


Posted by Thandiubani on Mon 03rd Aug, 2020. 


Following media reports about its purported exit, Shoprite has issued a statement. 

ShopRite Nigeria has reacted to the story making the rounds that it intends to close shop in Nigeria.

Recall that Punch had today stated that the company had concluded plans to exit the country.

This Week on Octal Number

However, Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard said they are not leaving.


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 investment and close shop? It doesn’t sound right.

Ginna Crochets 

“We 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.

Shoprite is Leaving Nigeria and Here’s Why 

“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.”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s