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Nairaland Forum / Nairaland / General / Business / Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go (36600 Views)
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Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Ihatemumu: 2:55pm On Aug 03, 2020 |
DEEBOZZ: would you provide jobs for them? It is never something Nigeria as a nation to take likely when Companies fold, it only leads to high crime rate due to unemployment |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Angelfrost(m): 2:57pm On Aug 03, 2020 |
Just look at this dullard... How many local businesses are currently doing well??! Other nations with foreign businesses also have local businesses doing just fine. A bad economy is a bad economy... The business climate in this nation is toxic!!! Stop beating about the bush!!! Mtchewww!!! 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 2:59pm On Aug 03, 2020 |
Brandonx: If you don't understand the facts behind his reasoning, why not do simple research. It's just like how Walmart in the US have muscle out small groceries or retail stores. And thats even an American company. In this case, Shoprite is foreign owned, probably by white south Africans with European roots. While the latter is not the point, it also contribute to capital flight. I wonder what stop Nigerians from coming together to create a local retailer as that. We have to wait for foreigners to come do everything. 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by israelmao(m): 3:08pm On Aug 03, 2020 |
Why not the existence of local and international supermarkets together in order to create more jobs?Are the locals afraid of the international? |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Sunmolar(m): 3:10pm On Aug 03, 2020 |
MiddleDimension: Now they betrayed your trust due to decline in sales...who needs who? We're doing them a great favor,they need us more than we need them. What further encouragement is expected of we Nigerians. Your friends didn't buy your products as expected due to corona then you paid back by leaving. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 3:10pm On Aug 03, 2020 |
NightHawke: Shopping may seem good for buyers but for every Shoprite there are thousands of micro and small business lossers that have lost customers and their means of livelihood to Shoprite. Aside from the comfort it provide to shoppers, it's a bad omen for Nigeria, especially with the fact that it is a foreign entity. Shoprite is :crying now because it's probably having problem moving its funds out of Nigeria because of dollar crunch. A local entity wouldn't face that especially if most of the products are local. Nigerians are slackers who have to wait for a foreign own retailer to shop comfortably. What does it take to run a retail business as that? 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ChikaSunday(m): 3:11pm On Aug 03, 2020 |
bbbabes: Abeg, you guys should tell this man to cut his hair so that fresh sense can permeate through it. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by delpee(f): 3:12pm On Aug 03, 2020 |
FEGNO: You're absolutely right! That's what I consider more important. A lot of suppliers will lose that opportunity of easy access to the market. Of course other supermarkets will spring up or expand in due course. There's Foodco, Justrite etc apart from the ones mentioned earlier. Stealing by employees is another major issue though. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Sunmolar(m): 3:12pm On Aug 03, 2020 |
ajl: You've shedded more light on these. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by coolcare(m): 3:12pm On Aug 03, 2020 |
DEEBOZZ: They are not the only but they are the major |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Sunmolar(m): 3:14pm On Aug 03, 2020 |
Web2020: What's their reasons. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 3:18pm On Aug 03, 2020 |
MiddleDimension: Aside from the banks and Dangote, show me any other Nigerian biz entity that operates outside Nigeria. I have no problem with inter-Africa trades but if it's one-sided then there is a problem. Nigerians are not doing enough. The problem is with Nigerians and not the foreign businesses that come here. If we can't run a business comfortably at home, then how can we go to other markets. Most of our so-called billionaire and millionaires are simply profiteers. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by wildikeman(m): 3:22pm On Aug 03, 2020 |
What an ass...he is an aboki so I don't blame him... |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 3:24pm On Aug 03, 2020 |
delpee: Not really against intra-African trade but we need more local competitors. The issue of shoplifting employees is not as big as that in the scheme of challenges facing them. Let them spend more on security technology. I know that a Nigerian employed to man the CCTV monitoring room will work hard to impress his/her boss. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by MiddleDimension: 3:26pm On Aug 03, 2020 |
ajl: didn't you see Glo there? what about God Is Good and other transport companies? |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by MiddleDimension: 3:27pm On Aug 03, 2020 |
ajl: the local people should step up their game |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 3:34pm On Aug 03, 2020 |
israelmao: Number problem is our banks. It's expensive to obtain loan to create a business or expand. Foreign entities that come to Nigeria have access to cheaper credits. The banks are the "devils doing" us. Who will go collect loan with 26% interest to open a retail business. Nigeria will flourish if credit is cheaper like 6 -10% interest credit. Thats why business people in countries like US or Europe seem like "magician". They are probably less talented but they have access to cheaper funds and superb operating conditions. Our enemies are the elites. The banks and public officials. Don't you see that both even collude to keep the people poor. Politicians steal money and hand it over to the banks. Banks choose to give loans at crazy interest rate because they have no genuine commitment to support local business. Their main customers are the "theiving" politicians. Imagine, banks are also into businesses that does not concern them like selling recharge cards. Just imagine! 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by ajl: 3:38pm On Aug 03, 2020 |
MiddleDimension: You mean Nigerian transport businesses operating outside Nigeria as independent biz entities in other African countries? Educate me. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Haywhymido(m): 3:38pm On Aug 03, 2020 |
Brandonx:Oil dey your head |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by michjunior: 3:41pm On Aug 03, 2020 |
Goldp5988: MTN SHOULD FOLLOW THEM BIKO |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by wink2015(m): 3:47pm On Aug 03, 2020 |
MiddleDimension: YOU JUST FINISH SHEHU SANI ! That Aboki may need a PARACETAMOL to get his senses normalised. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by gideonvalor98(m): 4:00pm On Aug 03, 2020 |
Extortion is just too much. Any kind of unsettled or presumption like this price of thing will shoot up. Even though we said shoprite things are cost but it still preferable to most of our local or regular shops and supermarket. Though few of them like foodco etc if they could put their prices in check, stock up varieties of products and establish more branches across the nation will surely cushion the effect of shoprite exist. PS: the cost of doing business is just too much in this country. A man few minutes ago was complaining bitterly on twitter of spending over #2m and still counting on nafdac, vat , transportation etc excluding the main business spendings(pure water factory - satchet and bottle) |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Bizibi(m): 4:00pm On Aug 03, 2020 |
Brandonx:I love this comment,you have forgot to write mixing fake products with the original ones in those local shops. 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Bizibi(m): 4:08pm On Aug 03, 2020 |
FEGNO:it is painful!!!! |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Angy55(f): 4:52pm On Aug 03, 2020 |
dadamicheal35: Blame Nigeria labour system... How much is minimum wage? |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Nobody: 5:35pm On Aug 03, 2020 |
obviously has a grudge with shoprite, they don't sell fura. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by IncredibleWrite: 5:50pm On Aug 03, 2020 |
BigBashiru:I should school you but you must be humble to learn. Small scale businesses are affected because they can't compete favorably with these "foreign" companies because of their force of finance. The businesses have obviously been growing but they can't COMPETE with these people! There's a reason Mugabe chased white farmers away from Zimbabwe in 2002. I don't have strength or I would have elaborated more. They are good sources of FDI, but they have many disadvantages. I read Politics and Geography btw |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by israelmao(m): 6:33pm On Aug 03, 2020 |
ajl:You made alot of sense. |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by Goldp5988(f): 6:48pm On Aug 03, 2020 |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by engrchykae(m): 7:16pm On Aug 03, 2020 |
ethicallyright:we aren't ready for such,the reasons is 1.the foreign investors are mostly corrupt and will cut corners with our corrupt nass. 2.you see how our useless nass always call out DStv when they want DStv to pay them some money. 3.the foreign investors takes majority of their profit back to their home countries. For example,I know of an Indian manager who prefers buying or importing products from India,he knows what he is doing. We have men who can fill the void. Imagine if obasanjo had encouraged glo to have a headstart in Nigeria?he would have gone far. Dangote in oil, cement,floor . Ivm and proforce are capable of Manning the automobile sector. Banking and finance of course doesn't need foreign investors. I repeat,we have what it takes to be a great nation without foreign input. 1 Like |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by earnit3: 7:33pm On Aug 03, 2020 |
Oh |
Re: Shehu Sani: Shoprite Exit Will Help Local Supermarkets To Grow, They Can Go by higgs: 7:40pm On Aug 03, 2020 |
Don't they have Nigerians as employees? |
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