With at least 20,000 jobs at risk, Shoprite’s decision to join 10 other major multinationals tip toeing out of Africa's largest market after 16 years is a clear signal of how bad Nigeria’s unemployment rate will be in the coming months ahead.
The decision comes at a time Nigeria's economy is
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
