Shoppers leave the Shoprite store in Daveyton, South Africa May 23, 2018. REUTERS-Siphiwe Sibeko

The former representative of Kaduna Central Senatorial District, Senator Shehu Sani, has said the expected exit of Shoprite from Nigeria will be good for Nigerian-owned businesses.

Sani said this following the revelation by Shoprite that it was considering exiting the Nigerian market.

The former lawmaker on his Twitter handle believes the exit will be to the benefit of Nigerian supermarket owners.

Sani tweeted: If Shoprite wants to stay, they can stay; if they want to go, they can go; it will help local supermarkets to grow.

If Shoprite, operating under the name: Retail Supermarkets Nigeria Limited, carries out the plan, it will be doing so after 15 years of operation in Nigeria and with presence in seven states and the Federal Capital Territory, Abuja.

Its parent South African Company, Shoprite Holdings Limited, announced the plans in its “Operational and Voluntary Trading Update (52 Weeks Ended 28 June 2020),” on Monday.

Get more stories like this on Twitter

AD: To get thousands of free final year project topics and other project materials sorted by subject to help with your research [click here]

More Stories