Shoprite exit: Nigerians react as thousands of job losses loom - Daily Post Nigeria

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Shoprite exit: Nigerians react as thousands of job losses loom

Thousands of Nigerians may lose their jobs amid the coronavirus pandemic as Shoprite plans exit from the country.

Some described the planned exit of Shoprite as a negative scorecard which may discourage international investors from Nigeria.@Dammiedammie35 “ So Shoprite is leaving Nigeria, thousands of people will be without jobs now, other thousands depending on those people’s incomes, my new neighbor works with Shoprite in Ibadan and he has three kids, his wife is a private school teacher and haven’t worked in a while, so many people like that.

@Morris_Monye “ Cost of doing business is so high in Nigeria. You provide your own power, your own water etc. Costs just keeps getting higher and higher.“The unfortunate thing about this Shoprite debacle is the huge loss to staff, contractors and supplier. An unfortunate domino effect.”

 

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