Nigerians reacts to Walmart's move to venture into Lagos.
While Walmart expressed anxiety and excitement to join the market in Nigeria, seems Nigerians have mixed feelings.
Last Thursday, the governor of Lagos State, Mr. Akinwunmi Ambode, assured a delegation of Walmart executives that he was ready to give the necessary support to assist the firm in establishing its presence in Lagos.
Ambode said the presence of the Walmart brand in Lagos would go a long way not only to create jobs for the teeming youths, but also boost the economy of the state.
The Head of the Walmart delegation, Ms. Shelley Broader…who is the president and chief executive officer of Walmart’s Europe, the Middle East, Sub-Saharan Africa (EMEA) region acknowledged the investment opportunities that abound in Lagos state saying:
“We are incredibly excited and proud to be in this exciting state of Lagos.Just looking at the burgeoning economy and at the growth in this market is very exciting and now Walmart operates around the world in 28 countries and our mission is to lower the cost of living, to help people save and live better.”
Nigerians reactions (as reported by sunnewsonline )
“I think it’s a good idea because I’m looking at it from the job creation angle. Whenever I shop at Spar (their prices are too high by the way), Shoprite and other stores, I look at the cashiers and other sales rep and ask myself, what business could have provided this job for them.” – Amaka
“It’s good in the sense that it’ll create more jobs. I don’t like Walmart though. They are overpriced and do not treat their employees well.”– Damilola
“Walmart in the US is an everyday kinda store but in Nigeria due to the socioeconomic climate, it’ll be a high end kinda store. My fear is, in the future, Walmart in Nigeria might be a dumping ground for substandard products since quality control in Nigeria is nonexistent.” –Ugo
“Considering that Walmart exploits their American workers to the fullest…they’re going to feel as though Naija is heaven! More jobs can never be a bad thing, unless they are jobs in Boko Haram.” – Kunle
“Bad!! What is wrong in developing our own Ebeanos and Edichart? These companies come and milk us dry. They take all our money back to their land and we end up with nothing. Africa should open their eyes o!” – Ibifuro
“At the end of the day only 1 percent of Nigerian will access the store. They will come and kill small businesses who are trying to get themselves out of poverty. I hate the idea. frown emoticon” – Daba
“This will for SURE kill indigenous businesses. These big retail giants don’t do anything or give back to the community where they operate. No social development. I’m just thinking maybe our brothers could find jobs to bring the crime rate down?” – Ebere
“I am on the fence on this one. I can see the good and the bad! Mixed feelings. In ten years from now, will we still be happy Walmart is in our midst?” – Ikenna
“Great idea. They better site one close to my property!” – Tony
“We can develop our own business and create jobs. We can give businesses government incentives to build up our own initiatives. I tire for Africa we will always have our colonial mentality. White man is better than us.” – Ebi
“Very very bad what will happen to us importers? Moreover, this governor is selfish sha o. He is looking for long term royalty even after office when he has not even served. I wish I never voted for him.” – Ade
“You’ll be shocked they’ll be highly over priced!” – Linda
“Their prices never remain the same once they enter Nigeria. It’s bad that the Nigerian government has no policy in place to protect Nigerians. Which indigenous brand has the government ever promoted?” – Ify
“Chinese/Indians/Lebanese are everywhere importing the same goods we were once representatives and this is because they get cheap funds from their government.” – Esiri
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