Advertently, Walmart is jumping at
the opportunity of change in Nigeria to woo and test-market the global hub of
investment – Nigeria. The cynics amongst us should have realised by now one of
the impending results of the official trip of President Muhammadu Buhari to the
United States.
Nigeria is gradually becoming a
beautiful bride and destination for global trade and investment. Walmart’s
investment in Nigeria will create stupendous job opportunities for our
unemployed youth.
It will magnetize other investment
companies to Nigeria; and also break the monopoly and exploitation of other
retail companies in Nigeria.
One of Governor Akinwunmi Ambode’s
transactional laundry list of wishes is to bring Walmart to Nigeria. A fait
accompli that will change business environment in Lagos State and Nigeria in
general. Walmart successful establishment in Nigeria will also transform the
lives of farmers, traders and ordinary Nigerians.
Nigerian farmers will be encouraged
and incentivized by getting their farm produce to retail market for profits.
Walmart’s antecedent is real. Res ipsa loquitur (fact speaks for itself). It’s
a U.S. company that accommodates the rich and the poor in the remote and urbanized
cities in the world.
Credit: ngrguardiannews.
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