Monday, June 27, 2011

USA Africa Dialogue Series - Walmart to open BIG BOX Stores in NIGERIA

 
 
Dear All:


WalMart Inc. is set to open its first two locations in Africa in Lagos and Abuja
followed by a third in Johannessburg SA after the evaluation of the sucess
of the Nigerian oerations. This information was disclosed by Prof. Adefuye,'Nigeria;s Ambassador to the
USA during the cloing gala dinner at the NIDO Americas Inc. AGM held in Chicago on Saturday, July 25, 2011.
 
Even though there was some applause from the audience when the ambassador initially disclosed the initiatives from WalMart,
 during his keynote address some of the attendees later expressed their concerns about this development in private conversations with
the ambassador as he did not take questions from the audience after the conclusion of his address.
.
A few attendees walked up the Ambassador's table to register their objections regarding the proposed WalMart.locations
Their concerns centred mainly on the possible devastating
  impact the WalMart stores would have on neighbourhood businesses especially the small
mama and papa stores. Another attendee was overheard telling the ambassador in a private conversation
that the end result of WalMart Stores might be a situation whereby more foreign made products mostly
from China will now be sold to Nigerians at cheaper prices--to which local Nigerian manufacturers will not be able
to compete. Another attendee, a resident of  the Chicago area, opined that residents in Chicago surburbs are still
fighting to prevent WalMart from moving into their communities.
 
Ambassador Adefuye responded that he is quite willing to take into consideration written comments from
Diaspora Nigerians regarding the proposal to setup WalMart Stores in Nigeria starting with two flagship stores
in Lagos and Abuja.
 
Any one with strong opinions--for and against-- should contact the Nigerian Embassy to the USA
preferably in writing to register their views for and against the propsal form WalMart.
 
We are under democratic governance. The citizenry should theoretically have a voice into what comes into their
neighbourhoods! And that is if the foundations have not already been laid and construction started on the WalMart Stores in Lagos
and Abuja--in which case the complaints will be arriving after the horse has left the barn.
 
Bye,
 
Ola

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