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Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go - Business - Nairaland

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Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by bbbabes(f): 12:37pm On Aug 03, 2020
Former Kaduna lawmaker, Senator Shehu Sani, in his reaction the report on exit of retail giant Shoprite from Nigeria, has said it will provide an opportunity for local supermarkets in the country to grow.

In a tweet he shared, Sani stated that the company is free to stay if they intend doing that and if they have decided to leave teh country, then they are also free to go.

He wrote on Twitter:

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

https://mobile.twitter.com/ShehuSani/status/1290210647943258118

31 Likes 2 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Brandonx(m): 12:41pm On Aug 03, 2020
So shop rite has been the reason local supermarkets have not grown.

Proverbs 17:28 says "Even a fool, when he holdeth his peace, is counted wise: and he that shutteth his lips is esteemed a man of understanding".


Stop coming to my mention with your frustration.
Nigeria where local supermarkets extort people.
I never knew local supermarkets grow by selling at exorbitant prices.

215 Likes 15 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by madridguy(m): 12:45pm On Aug 03, 2020
grin
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by bolaayenimo: 1:12pm On Aug 03, 2020
Aside shoprite, what about other Nigerian businesses folding up, mr blogger?
Tell Buhari the truth, the economy is dying under him

114 Likes 5 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by DamnNiggar: 1:12pm On Aug 03, 2020
Dammmnn Niggarrrr

Isoright grin

2 Likes

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Goldp5988(f): 1:12pm On Aug 03, 2020
Exactly

1 Like 3 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by funmilade4real(m): 1:12pm On Aug 03, 2020
...
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Damidave1124(m): 1:12pm On Aug 03, 2020
So what is stopping them from growing when shoprite is still active now, why wait till the exit of shoprite?

19 Likes 1 Share

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Nobody: 1:12pm On Aug 03, 2020
B
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by PureGoldh(m): 1:12pm On Aug 03, 2020
Issoryt......We can actually build our own bigger shopping mall ourselves.

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Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Kendumazy(m): 1:12pm On Aug 03, 2020
He didn't think about it been a bad signal for prospective international investors. Smh.

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78 Likes 2 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by peacenaija(m): 1:12pm On Aug 03, 2020
Well, it will be somewhat but has he thought about the other effects that comes with it.

It's apparent that Covid 19 is really hitting hard and it shows on their report that Nigeria only accounts of 11.6% of the total group sales while SA with 1/4 of our population accounts for 78% of the group sales, that means SA has got a better Purchasing power parity than ours and we have very low middle class and high class level in the country. They will be selling it to another investors which means the FX remittances will be to the head in SA and Nigeria will only benefit from the taxes accrued from the sales. Also, the investors might decide to shut down some of the retails that is not adding quantitative and qualitative values to the chain, hence there will be job loss. I heard from grapevines it's going to be a franchise, I just hope it won't be another case of Mr biggs.

19 Likes 3 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by TOPCRUISE(m): 1:13pm On Aug 03, 2020
Where they growing prior to the Advent of ShopRite. Wasn't it ShopRite that came to the rescue of Nigeria shoppers and fun lovers with facilities that defines an exquisite mall. If care is not taken some Churches will be the ones that will purchase ShopRite buildings just as they purchased some Commercial buildings left over by other frustrated companies

49 Likes 2 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Profayo: 1:13pm On Aug 03, 2020
Shoprite has never stopped local supermarkets from growing,there are loads of towns without Shoprite.What is causing shoprite to leave us the bad economic policies of this government, thesame bad economic policies is what is stopping local supermarkets from growing

57 Likes 5 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by DEEBOZZ(m): 1:13pm On Aug 03, 2020
Do we really need Shoprite ?
Can Nigeria economy crash if Shoprite removed their investment in our country?
Are they our only source of shopping?

7 Likes 3 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Tim931: 1:13pm On Aug 03, 2020
Okay
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by IamSimi(m): 1:13pm On Aug 03, 2020
this one na Okoto meow skrr, like say na ShopRite no gree make local marts no thrive...

4 Likes

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by idrismodel: 1:13pm On Aug 03, 2020
That is a big lie. Why didn't they grow before ShopRite arrive in the first?

The fact is that Nigeria system of government will not allow a private company that has no government or political affiliation to grow up to world standard level

27 Likes 4 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Bloghomies(m): 1:13pm On Aug 03, 2020
The reason small businesses have refused to grow is because of the hostile business environment, not shoprite.

33 Likes 3 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Nobody: 1:13pm On Aug 03, 2020
I don't wish any Body bad.. but have ShopRite violate any rules?
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by seandurse(m): 1:13pm On Aug 03, 2020
grin

1 Like

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Katier00(f): 1:13pm On Aug 03, 2020
Competition is always needed for business to strive

1 Like

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by HARKsmart(m): 1:13pm On Aug 03, 2020
Technocrats can decipher
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Farki: 1:13pm On Aug 03, 2020
Iya Bilikisu will be excited with this news. grin

They should just try and keep their snack vendors behind.

1 Like

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by GreaterFuture1(m): 1:14pm On Aug 03, 2020
Hmmn
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Cumtroller: 1:14pm On Aug 03, 2020
Fool.

Bad policies and a harsh operating environment is the bane of other supermarkets and businesses in general, not Shoprite.

Does this Man know the huge number of local suppliers shoprite has engaged? Or does he think the fresh produce and other items stocked in the supermarket are all imported. What about Jobs and tax income that will be lost with the exit of shoprite?

Many are mad and this is a classic example. He should cut his hair to allow sense permeate his skull.



32 Likes 3 Shares

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by MacDanielz(m): 1:14pm On Aug 03, 2020
Does one need to be an economist to know the truth?

2 Likes

Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Jorge91: 1:14pm On Aug 03, 2020
Time for roban, market square, next, addide and co to expand.
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by serverconnect(m): 1:14pm On Aug 03, 2020
The market is not friendly.
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Nobody: 1:14pm On Aug 03, 2020
What do I know.


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