Home Business Internal Memo reveals Retail Supermarkets to become fully Nigerian-owned

Internal Memo reveals Retail Supermarkets to become fully Nigerian-owned

by Ayodeji Onibalusi
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Following the announcement of the exit of Shoprite from the Nigerian market, an internal memo has revealed that Retail Supermarkets Nigeria Limited, the owners of the Shoprite brand in Nigeria are looking for Nigerian investors.

OYOGist.com gathered this through a tweet shared by Tolu Ogunlesi, a journalist and media aid to President Buhari.

It was revealed that the company has now identified some Nigerian investors that would help make the shopping retail giant “a truly Nigerian business run and owned by Nigerians for the Nigerian market.”

See the tweet below:

Retail Supermarkets Nigeria Limited getting Nigerian investors

OYOGist.com recalls that the company had earlier announced in a shareholder update that Shoprite is leaving the Nigerian market after 15 years.

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