The South Africa retail giant ShopRite has been rumoured to be leaving Nigeria, however, this has been debunked by the management that the story is making the rounds is false.

We wandered the site with busloads of other tourists, yet strangely the place did not seem crowded. I’m not sure if it was the sheer size of the place, or whether the masses congregated in one area and didn’t venture far from the main church, but I didn’t feel overwhelmed by tourists in the monastery.

In an interview via the telephone with the VanguardNG, the Country Director for Chastex Consult, Ini Archibong, said: “ShopRite is not leaving Nigeria. 

He further stated that “..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. “We only gave this opportunity to Nigeria investors to come in and also help drive our expansion plan in Nigeria. 

So we are not leaving. “I have tried to say this to many people as I can. There should be no panic at all and all of that. There is no truth in that report.” Recall that reports have been circulating that the retail outlet has started a formal process to consider the potential sale of all or a majority of stake in its supermarkets in 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.

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