Asides the political bottlenecks & chaotic business strains associated with doing business in Nigeria, one other silent contributing factor why Shoprite is closing down, is staff theft. In 2017 alone, a sales girl stole N553M, one month after securing the job. There are many.

My friend’s father-in-law is on the board as an investor. This isn’t a singular incident, it has become an organised crime. From mid management to staff. They had this issue from the first year of operations. Another issue is greed involving political tax masters. If you know...

It was published in different News outlets in 2017. Inside story is, she came with her own POS machine & kept using it to collect payments during peak period. The receipt looked like an original Shoprite receipt till you look closer & notice the alteration.

That’s just one incident they discovered after audit. Imagine the racket going on at their different locations across Nigeria. Firing & hiring is a regular exercise now. Most of these staff don’t stay up to a month again. The ones that snitch...(another story for another day).

Not saying staff theft is the sole reason they shut down, for the whataboutist at the back, but it sure as hell did contribute.

Of course. This contributed too. No doubt. Found out Shoprite still import some of their major products sold in their stores in Nigeria from other African countries because quality & scarcity of supply. Imagine the ripple implication.

https://twitter.com/ugobenitez/status/1290223453002297347?s=21 https://twitter.com/ugobenitez/status/1290223453002297347

Let us don’t reduce this to a political problem only, but view it from an operational defect perspective too. Especially if your business success is largely determined by the competence of your labour force.