THE management of Shoprite, a South African owned retail supermarket in Nigeria has refuted viral claims that it is set to close down operations in Nigeria.

According to Vanguard, Ini Archibong, the Country Director for Chastex Consult confirmed that Shoprite is not closing operations in Nigeria.

Contrary to claims that Shoprite is leaving Nigeria, Archibong said the business is only opening its doors to local investors.

“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,” Archibong reportedly said.

He added that the decision to engage local investors was made in order to expand its business plan in Nigeria.

READ MORE = https://www.icirnigeria.org/no-its-not-true-shoprite-is-not-leaving-nigeria-management/