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Shoprite Initiates Process To Exit Nigeria

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One of Africa’s largest supermarket chains, Shoprite, has begun a formal process to exit Nigeria.

In a trading update published on Monday, the South African-based company said the decision was made after “approaches from various potential investors, and in line with our re-evaluation of the Group’s operating model in Nigeria.”

The company said when it reports its results for the year, its business in Nigeria “may be classified as a discontinued operation.”

The company’s Nigerian business posted a -6.3% decline in sales for the year ending June 2020, according to its Monday update.

The company entered the Nigerian market in 2005 and its exit continues a trend of South African retail business struggling in Africa’s most populated nation.

Mr Price, another South African retailer, announced plans to close its Nigerian business in June.

In 2014, South African retailer, Woolworths, also pulled the plug on its Nigerian operation, citing high rents and duties, as well as marketing difficulties.

In 2012, Shoprite announced plans to spend up to $205 million on securing new locations in Nigeria.

The supermarket chain went on to spread its tentacles across most of Nigeria’s largest cities.

In 2015, the Nigerian economy suffered a recession, severely affecting consumer spending power and foreign exchange reserves.

In 2019, Shoprite stores were attacked in Lagos as part of reprisal actions for xenophobic-induced attacks against Nigerians in South Africa.

Shoprite’s expected closure in Nigeria comes amid the coronavirus pandemic, which has forced economies across the world into a slump and devasted entire industries.

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My Ex-Wife Lied Against Me, She Is An Adulterer —Fani-Kayode

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Former Minister of Aviation, Femi Fani-Kayode, has said his ex-wife, Precious Chikwendu, lied against him, adding that he didn’t beat her at any point in time during their relationship.

Fani-Kayode also alleged that Chikwendu was an adulterer who tried to seduce his friends while he was in detention.

The former beauty pageant had accused her ex-husband of beating her up at several times including when she was pregnant.

The ex-wife further accused Fani-Kayode of confining her to a hospital when she attempted to escape.

Chikwendu subsequently demanded for full custody of their four sons.

The former beauty queen made the allegations in an affidavit she deposed to in support of an originating motion brought pursuant to Section 69 of the Child’s Rights Act, 2003.

But in a statement by his Media Consultant, Oladimeji Olaiya, the ex-minister described all the allegations as “lies and falsehood”.

The statement was titled, ‘Press statement on the vile and baseless allegations of Precious Chikwendu against Chief Femi Fani-Kayode’.

It partly read, “The statement of claim and affidavit that was filed in court by one Precious Chikwendu against Chief Femi Fani-Kayode is filled with lies and falsehood.

“Not one thing that she has alleged there is true. She is a pathological liar and a slanderer and we intend to prove this in court.

“We believe that the children’s lives would be in danger if they are with her and we shall prove this in court.

“Neither is it true that she was ever beaten by Chief Fani-Kayode or anyone else in his staff and security team, either when she was pregnant or not pregnant and it is not true that she was subjected to any form of physical or mental abuse from them.”

The statement also noted that Chikwendu walked out of the marriage despite pleas and entreaties.

“She walked out on her own saying she was hearing voices even when the entire household was begging her to stay and she abandoned her husband and four young children to meet other men outside.

“After she finished having her fun Chief Fani-Kayode refused to let her back into his and resolved to keep her out of his life. This is the best decision he has made in the last 7 years.”

Fani-Kayode also accused his ex-wife of adultery, saying, “Chikwendu’s only pastime was to post pictures and words on Instagram and sleep with men outside.

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“She also tried to seduce a number of Chief Fani-Kayode’s friends when he was in detention and extort money from them.”

Though Chikwendu demanded the full custody of her four sons, Fani-Kayode said the children’s lives would be endangered if left in her care.

“On one occasion she beat her first son so badly that his face swelled up like a football and he had to be rushed to the hospital where she admitted to her offence to the doctor. We have pictures of his damaged and badly swollen face.

“His crime was that he had called one of his 3 nannies “mummy” and this angered Chikwendu who then flew into an uncontrollable rage and punched him in the face in front of 7 nannies.

“On a separate occassion in front of three Pastors she also beat one of the triplets mercilessly simply because he had dared to cry during prayers. Again we have evidence of this and the Pastors and nannies will testify,” the statement added.

“We urge members of the public to wait until the truth is revealed about Chikwendu, her mental and physical abuse of her own children, her mental illness, her numerous attempts to murder Chief Fani-Kayode and his four children, her adulterous ways, her unfathomable cruelty, her gold-digging ways, her violence and so much more before they make up their minds,” it concluded.

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Firm Donates COVID-19 Safety Kits To Ekiti Govt

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A private firm, Wemmy Industries Limited on Friday, donated facemasks and other COVID-19 safety item to Ekiti State Government to curb the spread of the virus.

The items included 108 cartons of disposable surgical facemasks and 72 cartons of antiseptic hand wipes.
Mr John Egbedofo, Southwest Regional Manager of the firm said that the donation was in fulfillment of the company’s Corporate Social Responsibility (CSR).

Egbedofo added that the focus was to contribute to efforts at curtailing the spread of the deadly COVID-19 virus.
He said the gesture would also be extended to severe medical facilities in the state including the Oba Adejugbe General Hospital in Ado Ekiti, Specialist hospitals in Ikole Ekiti and Ikere Ekiti.

Also to benefit are Ekiti State University Teaching Hospital, Ado Ekiti and Federal Teaching Hospital, Ido Ekiti.

Receiving the items on behalf of the government in Ado-Ekiti, the Commissioner for Health and Human Services, Dr Oyebanji Filani, said the medical consumables and personal protective equipment would assist in tackling communicable diseases.
Filani appreciated the company for the gesture and assured that the items would be used judiciously towards achieving the desired results.

He solicited the continued support of more corporate bodies, NGOs and individual philanthropists towards improving the lot of the people.
In his remarks, the Permanent Secretary of the ministry, Mr Akinjide Akinleye, described the donation as laudable and worthy of emulation by similar business outfits.

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When Leaving Office, I Decided Not To ‘Remote-Control’ My Successor – Dickson

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The immediate past governor of Bayelsa State, Seriake Dickson, has explained why he distanced himself from the administration of Governor Douye Diri.

His explanation came amidst speculations that all was not well between him and Diri.

In a statement he personally signed on Thursday, Dickson, who represents Bayelsa West in the Senate, stated that it was his decision before exiting office to give whoever succeeded him the freedom to govern.

He said, “No one has a greater stake in the governor’s success than me. I am aware of the concerns raised about the distance I have kept since leaving office. This is deliberate and in consonance with my values and principles.

“While I was governor I took a conscious decision that whoever was going to succeed me was going to have the free hand to run his government with my full support. I am not one of those who believe that a governor should be remote-controlled.

“A governor should be free to take actions and decisions to pursue programmes, projects and policies he believes in. A governor must be in charge and I have always encouraged Governor Diri to take charge and to also take responsibility at all time.

“In the process, where he deems it, he can consult stakeholders for their inputs and advice and that the governor does with me and others.

This is why we did not enter into any agreement nor give the governor any condition for my and our full and total support other than to do his best for the state and the Ijaw nation and in doing so, he has our continuous support.”

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