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Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? (60859 Views)

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Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by stayclearofme: 8:28pm On Aug 30, 2020
Advocate500:
I just reported one of your like and he has been banned,I am also monitoring this moniker if you can't make your point without dragging tribe along I will ensure u serve a ban.
That means you should move to ban almost all NL'S even Seun and his moderators, they are all part of the problem.

3 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Chibuking1402(m): 8:29pm On Aug 30, 2020
IgboSomalia:
Good one. This is why Igbos must move being ordinary trading to become masters of business. Not just import and exports and trading. If it were an Igbo businessman, he would be busy shouting hatred and marginalisation instead of taking sensible steps to secure his interest.
Why bringing in tribal bigotry into this.... you're hatred to anything ibo is strikingly disgraceful but please keep it within your armbit.

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by kayjay69(m): 8:29pm On Aug 30, 2020
Sorry but what has the post got to do with Igbos and igbo business men?
IgboSomalia:
Good one. This is why Igbos must move being ordinary trading to become masters of business. Not just import and exports and trading. If it were an Igbo businessman, he would be busy shouting hatred and marginalisation instead of taking sensible steps to secure his interest.

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Peteru1st(m): 8:31pm On Aug 30, 2020
winnah:
OP didn't say that shoprite was leaving... But behind every rumors, there's always a hidden truth....

On the other hand, AIC limited chairman is only doing the needful..... Should in case they even consider leaving Nigeria.... That court injunction will serve as a barrier for them to liquidate....(no exit option for now)

They die here, whether business is bad or not.... They ain't going no where....

Harry is the real champion....





oh, thanks for the insight
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by everyevery: 8:31pm On Aug 30, 2020
everyevery:
that is not correct o
Onikepo Akande is the wife of the owners of splash fm and western inland Tv
They are both Ibadan indigene though

His wife, Chief Mrs Onikepo Akande was the Minister of Industry during Gen Abdulsalam regime.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Mutemenot(m): 8:32pm On Aug 30, 2020
And this 'll cost lots of job cry

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by makinson2865: 8:32pm On Aug 30, 2020
IgboSomalia:
Good one. This is why Igbos must move being ordinary trading to become masters of business. Not just import and exports and trading. If it were an Igbo businessman, he would be busy shouting hatred and marginalisation instead of taking sensible steps to secure his interest.




Chaaaai, AMAKAS ARE COMING FOR YOU.

4 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Nobody: 8:35pm On Aug 30, 2020
Tareq1105:


His wife, Chief Mrs Onikepo Akande was the Minister of Industry during Gen Abdulsalam regime.
that means they must have our yam in their kitchen
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Eriokanmi: 8:36pm On Aug 30, 2020
Mynd44:
So they wanted to quickly dispose of their shares in Nigeria and run off before the judgment is activated. Wow

And Nigerians were here blaming the Nigerian government and unfavourable business environment when it is the itself isn't playing fair and abiding by legal agreements
the Nigerian govt is to blame in part for not creating an enabling environment for investment locally
Shoprite exit wouldn't have shaken us as we would have had several of them across Nigeria which would have given room for keen competition. Shoprite is a great monopoly in Nigeria.Others are just operating on their own as they can't compete with sboprite. In 2016, Walmart and McDonald's wanted coming to Nigeria but backed out due to govt harsh policies. Delta Airlines and some others left at some point when they couldn't repatriate their profits to their home counties in line with agreement before the govt softpedalled and a few came back. Insecurity is the order of the day nationwide. No investors would take such risk man.

I see P and ID winning the multi billion dollar case against nigerian for failing to comply with a similar gentleman agreement soon. They can't escape it. Until we have a virile and patriotic leadership, we shouldn't expect any miracle in Nigeria.

2 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by seunayantokun(m): 8:37pm On Aug 30, 2020
tunene66:


Ok now
Na Supreme Court go decide dis case last last


Has ShopRite headed for the supreme court? The judgement was delivered in May, 2020. Isn't it too late now?
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by criuze(m): 8:38pm On Aug 30, 2020
is this the end of shop rite bread
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Nobody: 8:39pm On Aug 30, 2020
Mynd44:
So they wanted to quickly dispose of their shares in Nigeria and run off before the judgment is activated. Wow

And Nigerians were here blaming the Nigerian government and unfavourable business environment when it is the itself isn't playing fair and abiding by legal agreements
This may not be the reason.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by osuulola(m): 8:42pm On Aug 30, 2020
So how do we start photocopy business in the sites they'll abandon or is it mama put canteen we can start?
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by IgboSomalia: 8:42pm On Aug 30, 2020
jcross19:
the same igbo man dealt with GTbank and am sure GTbank ass was whipped .

Gtbank is the most profitable bank in Nigeria today.

2 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Openbusiness: 8:42pm On Aug 30, 2020
Me I already know before say the person buying ShopRite is buying problem grin
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Advocate500: 8:44pm On Aug 30, 2020
Pimpmaride:


But u don't report if it was the other side that insulted yoruba..

U r not fighting a just fight at all....
I do , I have nothing against any tribe individuals are our major problem in this country.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by IgboSomalia: 8:44pm On Aug 30, 2020
Advocate500:
I just reported one of your like and he has been banned,I am also monitoring this moniker if you can't make your point without dragging tribe along I will ensure u serve a ban.

You're jobless. You need to get a job and find purpose.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by One4me: 8:44pm On Aug 30, 2020
IgboSomalia:
Good one. This is why Igbos must move being ordinary trading to become masters of business. Not just import and exports and trading. If it were an Igbo businessman, he would be busy shouting hatred and marginalisation instead of taking sensible steps to secure his interest

A lot of people will be very angry with you, for pointing out this bitter truth! undecided undecided undecided

Oooh, l see that your post have even been deleted! grin grin
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by IgboSomalia: 8:45pm On Aug 30, 2020
One4me:
[Quote author=IgboSomalia]
Good one. This is why Igbos must move being ordinary trading to become masters of business. Not just import and exports and trading. If it were an Igbo businessman, he would be busy shouting hatred and marginalisation instead of taking sensible steps to secure his interest.

A lot of people will be very angry with you, for pointing out this bitter truth! undecided undecided undecided

Oooh, l see that your post have even been deleted! grin grin

Not surprised. The world hates the truth.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Kobicove(m): 8:47pm On Aug 30, 2020
GboyegaD:
The benefits of ensuring contacts are written.

Even written contract is not a remedy against breach when you're dealing with someone who lacks integrity undecided

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Advocate500: 8:47pm On Aug 30, 2020
IgboSomalia:


You're jobless. You need to get a job and find purpose.
thank you so much, stop promoting bigotry on this forum find peace within yourself .
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by GboyegaD(m): 8:48pm On Aug 30, 2020
Kobicove:


Even written contract is not a remedy against breach when you're dealing with someone who lacks integrity undecided

At least is enough evidence to prosecute the breach.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by HRMK: 8:52pm On Aug 30, 2020
NAWA OH!
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by One4me: 8:52pm On Aug 30, 2020
GamalNasser:


What is 10 million dollars that Christie Wiese will run away a from Nigeria for ? The truth is that the Mr Wiese is passing through serious financial challenges international due to a bad deal he got involved in somewhere and the fledgling Nigerian Economy and unstable forex issues making them run at a loss here soon and trust me he no longer has the capacity to absolve losses because he to is having really serious financial challenges

You mean ShopRite Nigeria is running at a loss?
Tell me how.
Dont come up with that excuse about Pilfering by staff/Customer, that happens all over the world and Retailers deal with it usin various means.
ShopRite is one of the mos proftable Retail outlet in Nigeria so it cant be shutting down because it is running at a loss in Nigeria, less profitable business in the same Clime are still surviving.

BTW, Greed will make a Billionaire cut corners over $1,000, it is not about how much they have but how much they want to add to it, in a mischievious way.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by decatalyst(m): 8:53pm On Aug 30, 2020
Mynd44:
So they wanted to quickly dispose of their shares in Nigeria and run off before the judgment is activated. Wow

And Nigerians were here blaming the Nigerian government and unfavourable business environment when it is the itself isn't playing fair and abiding by legal agreements

I have said it many times. Most Nigerian youths are gullible and intellectually lazy to find out the origin or the true cause of an action or event.

We are quick to blame the government and siding with the ones that are actually treating us with disdain.

Smart one from Harry Akande.

2 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by ariesbull: 8:53pm On Aug 30, 2020
they can go once Ebeano is still expanding ....

akande you do well
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Sagay212: 8:55pm On Aug 30, 2020
When some people get killed, people will pity them and don't know the evil and nonsense they have done. Imagine having an agreement with someone, wasting the persons time and knowledge and then going behind to set up another company just to sideline the person you had an agreement with. They are lucky the Akande man is patient and decided to go to court.. some people nor go talk anything, dem go just dey kpai them one by one.
Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Zenithpeak(m): 8:56pm On Aug 30, 2020
If you sow wind expect whirlwind in return.



killing Nigerians and destroying their businesses in South Africa... We never knew that karma is keeping close tabs.

MTN beware!

Ghana, Ghana, Ghana be very very careful! our God is not sleeping.

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by GamalNasser: 8:58pm On Aug 30, 2020
One4me:


You mean ShopRite Nigeria is running at a loss?
Tell me how.
Dont come up with that excuse about Pilfering by staff/Customer, that happens all over the world and Retailers deal with it usin various means.
ShopRite is one of the mos proftable Retail outlet in Nigeria so it cant be shutting down because it is running at a loss in Nigeria, less profitable business in the same Clime are still surviving.

BTW, Greed will make a Billionaire cut corners over $1,000, it is not about how much they have but how much they want to add to it, in a mischievious way.

So you believe the will be making a killing in profit and agree to leave ? ShopRite turnover in a week is more than 10 million dollars so they can't Possible run because of Mr Akande .

You saw their internal memo where they complained of forex loss with inability bro repatriate profits back home ..Remember last year they had a pretty bad year as many of theirs stores were completed looted and closed for weeks after that and they manage to open and then boom comes COVID ..

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by 9gerian: 9:00pm On Aug 30, 2020
That the award is in dollar makes it a nightmare to the Shoprite management. shocked


dalass:
Omo'badan kini so?

He don 'so' them who e be as correct and astute businessman grin

Because if ordinary $10M. They want to run? grin

1 Like

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Nobody: 9:01pm On Aug 30, 2020
if shoprite eventually leaves nigeria that means there wont be any beautiful place in naija to snap pics again cry cry cry

2 Likes

Re: Is Harry Akande The Reason Shoprite Is Quitting Nigeria After Negating On Deals? by Onlinesmart: 9:02pm On Aug 30, 2020
slimanyd:
Harry Akande. Some of the silent trillionaires we have in naija. But you will never see them gallivanting or flaunting there dollars like some ......
There's another silent one called bolu akin-olugbade. He's a stinking billionaire which hardly appear on mainstream media. Yorubas doesn't make noise, only the residents of Nigeria backyard boasts and chestbeat on nothing.

3 Likes

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