Shoprite’s Exit Will Help Local Supermarkets Grow – Shehu Sani

• Shoprite To Sell Off Its Outlets In Nigeria
• Shehu Sani says Shoprite’s exit plan from Nigeria will help the local market and supermarkets grow

Former Kaduna lawmaker, Shehu Sani says Shoprite’s exit plan from Nigeria will help the local market and supermarkets grow, Ekohotblog reports.

Sani disclosed this in a tweet on Monday, August 3, 2020, noting that Shoprite can either choose to stay or go but if its decision, is to go, then it will help the local supermarkets grow.

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

READ ALSO: COVID-19: Shoprite To Sell Off Its Outlets In Nigeria

South African Company, Shoprite Holdings Limited, has said it will sell off its outlets in Nigeria due to the COVID-19 pandemic effect, Ekohotblog reports

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

This was contained in the company’s “Operational and Voluntary Trading Update (52 Weeks Ended 28 June 2020)” released on Monday, August 3.