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Nigeria’s Mall Retail Falters as Shoprite Completes Shutdown After 20 Years

Published

2 months ago

March 7, 2026

Nigeria’s Mall Retail Falters as Shoprite Completes Shutdown After 20 Years

Nigeria’s bustling mall economy, estimated to be worth about ₦2.5 trillion, has taken a significant hit with the final shutdown of South Africa‑origin retail giant Shoprite across the country after more than 20 years of operations. The supermarket chain — once a key anchor tenant in major retail complexes — has now closed all its outlets, triggering losses across the broader retail ecosystem.

Retail industry analysts estimate that approximately ₦1.4 trillion in economic activity may have been lost with Shoprite’s departure, as hundreds of ancillary businesses that depended on the supermarket’s presence are now experiencing sharp revenue declines or closure. Many suppliers, workers, and small business owners who thrived on Shoprite‑driven foot traffic are struggling to stay afloat amid the fallout.

Impact on Jobs, Supply Chains and Small Businesses

Vanguard’s investigations reveal the shutdown has directly affected thousands of staff and suppliers. Shoprite served not just as a retail outlet for groceries and household goods but also as a bulk purchaser for local producers, including food manufacturers, beverage suppliers and distributors of Nigerian‑made products. With its exit, these suppliers have lost a major sales channel, forcing some to scale down or entirely halt operations.

Inside many malls where Shoprite operated — such as Festac Mall and Apapa Mall in Lagos, Dugbe and Ring Road malls in Ibadan, and various complexes in Abuja and Akure — smaller stores that thrived on customer spill‑over traffic have seen business plunge. Boutique owners, eateries, pharmacies, phone accessories shops, and cinema outlets say sales have dropped significantly since Shoprite’s shelves went empty and doors closed permanently.

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A fashion retailer at Apapa Mall told our correspondent that her sales dropped sharply after Shoprite shut down in mid‑2025, with customer flow dwindling from consistent daily shoppers to sporadic walk‑ins. “People came to Shoprite for groceries and then checked other shops. Now only a few customers show up,” she said.

The Downward Spiral: From Crowded Shelves to Empty Aisles

Shoprite first entered Nigeria in 2005, rapidly expanding to about 25 outlets across 13 states due to strong consumer adoption. The brand transformed grocery and household shopping for many Nigerians and became a cornerstone of the mall retail culture.

However, a combination of long‑term financial pressures — including rising foreign exchange costs, logistics challenges, import tariff increases, post‑pandemic disruptions, and persistent inventory shortages — gradually weakened the business. In 2021, Shoprite Holdings Limited of South Africa exited direct ownership, selling the Nigerian operations to Retail Supermarkets Nigeria Limited (RSNL), owned in part by Ketron Investment Limited and Persianas Investment.

Under NESNL leadership, led by entrepreneur Toby Amusan, optimism briefly returned as festive seasons saw renewed activity, and families once again flocked to Shoprite stores. Yet by 2024, customers began noticing empty shelves at several locations, and by late 2025, multiple outlets in Lagos and other cities had shut their doors entirely.

In Kano, the Ado Bayero Mall Shoprite — once a lively retail hub — closed as early as January 2024. Residents said the mall, once buzzing with activity, now recorded low foot traffic with many stalls empty or operating at minimal capacity.

Economy, Employment and Community Voices

Across Akure in Ondo State, the shuttered Shoprite outlet on Igbatoro Road now stands under lock and key, with empty aisles and deserted premises. Former staff, such as sales attendant Fatima Ogundari, described how the closure left employees stranded with few alternatives. “I started a POS business just to survive. Many of my colleagues are still searching for new means of livelihood,” she said.

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Local retailers also say their supply chains have been disrupted, forcing them to pivot to other customers or reduce stock. A boutique sales representative said: “Shoprite used to buy in bulk from suppliers, helping many businesses grow. Now we’re stuck with unsold products and fewer outlets for distribution.”

At Festac Mall, while unrelated attractions like the hotel and club still draw visitors, many smaller shops have scaled back operations due to a steep drop in customers. A sports shoe seller explained sales that once reached over ₦2.5 million weekly now barely pull ₦1 million, making it difficult to cover rent and utilities.

Ibadan and Abuja Feel the Pain Too

In Ibadan, the closure of Shoprite outlets at Dugbe and Ring Road turned once‑lively malls into near‑quiet spaces. Shop shelves that once offered competitive pricing and weekly deals now sit mostly empty, with reduced foot traffic affecting shops and suppliers alike. Former staff report layoffs and modest severance arrangements that did little to offset job losses.

One supervisor at the Ring Road outlet described how rumours of irregularities circulated before the closure, but most employees were unaware of the full reasons. A local food supplier said the supermarket’s exit affected his turnover, forcing him to target smaller retailers with lower demand.

In Abuja, Shoprite’s closure at Silverbird Mall since September 2025 left a large retail void. Mall managers say business hasn’t collapsed entirely, but the absence of a major anchor tenant has altered customer flow patterns, reducing overall visits. Some complexes have begun attracting new tenants. In Novare Central, for example, SPAR is poised to take over the former Shoprite space, offering cautious optimism that foot traffic and sales might recover once operations fully commence.

Warri & Kaduna: Varying Experiences

In Warri, Delta State, the Shoprite outlet at Effurun roundabout remains open but struggling. Customers and ancillary vendors report slow sales due to ongoing mall reconstruction projects and reduced attraction from surrounding shops. Some independent supermarkets have opened around the Shoprite building, but local operators complain of weak patronage and lower demand for goods that Shoprite previously drew into the area.

In Kaduna, the Shoprite outlet on Independence Way stands completely shut, with no staff or customers in sight — a sign that the shutdown was part of a nationwide winding‑down strategy rather than isolated store closures.

’Not an Exit, But a Reset’ — RSNL’s Position

While many Nigerians view the shutdown as a final departure, Retail Supermarkets Nigeria Limited (RSNL) insists the process represents a “comprehensive business model reset” aimed at aligning operations with current economic realities. Chief Strategy Officer Bunmi Cynthia Adeleye said the reset is intended for long‑term sustainability amid macroeconomic headwinds, but did not provide a clear timeline for reopening or large‑scale return.

For now, questions linger over when or if Shoprite outlets will resume large‑scale operations in Nigeria. Until then, the shutdown continues to weigh heavily on the mall economy, consumer confidence, and the interconnected web of small businesses that once thrived in Shoprite’s shadow.

Nigeria’s Mall Retail Falters as Shoprite Completes Shutdown After 20 Years

Related Topics:Nigeria Retail Shoprite Shutdown

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Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

Published

1 hour ago

April 21, 2026

Trends Admin

Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

The Grand Chief Imam of Oyo Land, Sheikh Al-Imam Barrister Bilal Husayn Akinola Akeugberu, on Tuesday paid a courtesy visit to the Director of the Department of State Services (DSS) in Oyo State, Mr. Usman Biu, as part of efforts to deepen cooperation between religious leaders and security agencies.

The visit, which took place in Oyo State, focused on strengthening the existing relationship between the Muslim community and security institutions, with an emphasis on promoting peace, unity, and public safety.

Accompanying the Grand Imam was Mallam Ibrahim Agunbiade, a prominent member of the Oyo State Muslim community.

Speaking during the engagement, Sheikh Akeugberu stressed the need for sustained collaboration between religious authorities and security agencies in maintaining societal stability and addressing emerging security threats. He reaffirmed the commitment of the Muslim community in Oyo Land to support lawful authorities in ensuring peace and harmony across the state.

In his remarks, DSS Director Usman Biu expressed appreciation for the visit and lauded the leadership role of the Grand Chief Imam in fostering unity and peaceful coexistence. He assured the delegation of the DSS’s continued resolve to protect lives and property, while encouraging ongoing dialogue with community stakeholders.

The meeting is seen as a step toward enhancing synergy between religious institutions and security agencies in Oyo State, amid growing calls for community-based approaches to tackling security challenges.

Grand Chief Imam Visits DSS Director, Seeks Stronger Security Collaboration in Oyo

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FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

Published

6 hours ago

April 21, 2026

Trends Admin

Minister of Humanitarian Affairs and Poverty Reduction, Mr Bernard Doro

FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

The Federal Government, under the leadership of President Bola Ahmed Tinubu, has disbursed about ₦9.9 billion in direct cash transfers to poor and vulnerable households in Ondo State as part of its expanded social protection and poverty reduction programme.

The Minister of Humanitarian Affairs and Poverty Reduction, Mr Bernard Doro, disclosed this during a working visit to Akure, where he met with Governor Lucky Aiyedatiwa as part of a nationwide assessment of the Renewed Hope social intervention initiatives.

According to the minister, the cash transfer programme is implemented under the President’s Renewed Hope Agenda, designed to provide direct financial support to the poorest households and strengthen social welfare systems across Nigeria.

He explained that beneficiaries under the Household Prosperity and Cash Transfer Programme receive ₦75,000 in three tranches, with more than nine million households benefiting nationwide since the rollout began.

Doro stated that Ondo State alone has received “about ₦9.9 billion across successive payment cycles,” covering initial, second, and ongoing phases of the national disbursement programme.

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He added that the initiative reflects the government’s commitment to poverty alleviation in Nigeria, social inclusion, and targeted welfare delivery aimed at reducing economic hardship among vulnerable citizens.

However, the minister raised concerns about low awareness among some beneficiaries, stressing the need for improved grassroots sensitisation to ensure eligible citizens fully understand and access the programme.

He noted that the federal government is currently conducting verification exercises across states, including Ondo, to confirm beneficiaries, validate data, and strengthen transparency in the distribution process.

Doro further explained that the ongoing engagement also serves as a data validation exercise, aimed at improving accountability, enhancing targeting, and reducing inclusion errors in future welfare programmes.

In his remarks, Governor Aiyedatiwa disclosed that Ondo State has recorded about 396,671 beneficiary households across the different payment cycles, describing the programme as one of the largest social intervention efforts in the state.

The governor commended the Tinubu administration for prioritising direct cash support to vulnerable citizens, noting that the initiative has helped cushion the effects of economic challenges at the grassroots level.

He also urged relevant agencies to address challenges linked to National Identification Number (NIN) registration, which he said has affected seamless access to some federal support schemes.

Earlier, at a stakeholders’ meeting in Ibule, Ifedore Local Government Area, the minister said the Federal Government is working on a redesigned national social protection framework to improve efficiency and impact.

He emphasised that stronger community engagement is essential for future interventions to reflect real needs, adding that stakeholder participation remains key to improving delivery of federal cash transfer programmes in Nigeria.

FG Disburses ₦9.9bn Cash Transfer to Vulnerable Households in Ondo

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Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

Published

6 hours ago

April 21, 2026

Trends Admin

Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port

The Federal High Court in Port Harcourt has granted an interim forfeiture order on 17 containers of illicit opioids worth ₦33.6 billion, seized by the National Drug Law Enforcement Agency, NDLEA, in one of the largest pharmaceutical drug interceptions in Nigeria’s recent anti-narcotics operations.

The containers were intercepted at the Port Harcourt Ports Complex in Onne, Rivers State, between April and September 2025, during multiple coordinated inspections targeting suspicious cargo linked to drug trafficking in Nigeria.

Court Orders Forfeiture of ₦33.6bn Opioids Seized by NDLEA at Onne Port According to court filings and NDLEA statements, the shipments contained a massive haul of controlled substances, including 19.6 million pills of Tramadol, Tafrodol, Tapentadol, and Carisoprodol, as well as 2,496,400 bottles of Codeine syrup, with a combined estimated street value of ₦33,691,200,000.

The forfeiture order was issued by Justice Adamu Turaki Mohammed of the Federal High Court, Port Harcourt, following a motion ex parte filed by the NDLEA on February 10, 2026, in suit number FHC/PH/MISC/25/2026.

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In his ruling, the judge ordered that the 17 shipping containers, along with their contents weighing about 365,657 kilograms of psychotropic substances, be temporarily forfeited to the Federal Government of Nigeria pending final determination of the case.

He further directed that custody and possession of the seized containers be handed over to the applicant agency until the conclusion of legal proceedings.

Reacting to the ruling, NDLEA Chairman/Chief Executive, Brig. Gen. Mohamed Buba Marwa (Rtd), described the development as a significant blow to drug cartels operating in Nigeria, stating that the forfeiture effectively dismantles the financial structure behind the illicit trade.

He said the seizure was not only a disruption of supply but a direct hit on the economic backbone of criminal syndicates that profit from the distribution of dangerous opioids, particularly among young people.

Marwa commended the Nigerian judiciary for what he described as swift and firm intervention, noting that judicial cooperation remains critical in the fight against illicit drug trafficking and substance abuse in Nigeria.

He also praised NDLEA operatives attached to the Onne Port Command for their vigilance and professionalism, which led to the detection of the concealed shipments. He acknowledged the support of sister agencies, including the Nigeria Customs Service and other port stakeholders, whose collaboration ensured the success of the operation.

The NDLEA boss further highlighted the role of international intelligence partners in strengthening Nigeria’s anti-narcotics efforts, adding that global cooperation continues to play a key role in intercepting transnational drug shipments.

Authorities say the latest forfeiture reinforces Nigeria’s ongoing crackdown on opioid trafficking networks, which have been identified as a major contributor to drug abuse and public health concerns across the country.