L-R: Aderinwale, guest and the Olu of Agege, Oba Kamila Isiba Oyedeji, at the opening of the outfit in
Lagos recently

With the aim of creating jobs for the teeming number of unemployed persons, JUSTRITE recently berthed in Lagos, writes Zacheaus Somorin

JustRite Limited, an essentially merchandising outfit, has opened its Lagos shop located at Abule Egba, a suburb of Lagos. The company which was incorporated in 2001 to carry on the business of Departmental stores, has its first outfit located in Ota Ogun State.

According to the chairman of the store, Ayodele Aderinwale, “We have expertise and experience in managing complex procurement requirements, commodity trading and allied services. The firm, with its technical partners, drawn from across the continents of Africa, Europe, North America and Asia, has interests in information and communication technologies (ICTs), as well as in general retailing’’.
While speaking at the opening ceremony which attracted dignitaries including Olu of Agege, Aderinwale stated that the opening of the outfit within the Lagos suburb is to respond to the yearnings of the residents around the area who have been yearning for such a qualitative store where they can get all they need.

‘’This, we have faithfully done over years and intend to improve upon significantly here in Lagos State, starting with this Magic of Abule Egba. We intend to provide valuable services communities around this environment including Ogba, Iju, Ifako, Oko Oba, Abule Egba, Iju Ishaga, Iju Station, Iju-Ogundimu, Ifako-Ijaiye-Ogba, Oke Ira Akine, Ajuwon etc’’ Aderinwale stated.
He pointed out that Justrite collaborates with other allied firms in undertaking and executing projects as the situation demands; adding that Just Rite ‘was established in the year 2000, as a corner shop and metamorphosed into its present size and location in year 2006’’.

While making reference to its Ota outlet, he pointed out that ‘’undisputedly the biggest retail store in Ota, in the industrial nerve centre of Ogun State, Nigeria, whose estimated 163,783 residents live in or around the country’s third largest concentration of industries. With a shop floor of 1100sq metres, we are arguably, the vastest superstore within the 250km stretch from Ota, Ogun State and Victoria Island in Lagos’’.

‘’However, we remain the best stocked, biggest and most consumer-friendly retail store in Ota with strong market acceptance and strong brand equity across the two States: Ogun and Lagos. Our small, effective and supportive management and administrative staff manage the day-to-day operations. We also employ ad-hoc experts when required’’ he added. When asked whether the store can favourably compete with the likes of Shoprite. He said: ‘

He stated also that the opening of the outfit ‘’attests to the creative abilities of Nigeria’s SMEs to rise above the limitations of the environment to grow and create jobs and wealth for the Nigerian people; saying that he is using the ‘occasion to call on our government at all levels to see SMEs as partners in progress and as friendly co-travellers on the journey to socio-economic development of the country. Issues of taxation, infrastructure, security and access to finance should be addressed as it remains key to fully unlocking the potentials of SMEs across the nation’’.

While commending WEMA bank for supporting small scale enterprise in Nigeria, he stated: ‘the story of our relationship with Wema bank has been most inspiring and reassuring. It has reassured me that there are banks which are genuinely interested in the development of SMEs and not just interests!!! When other banks waivered and doubted our abilities to pull this off, Wema Bank gave its full support. Even when we needed further support, they were readily available.  Indeed, Wema Bank is a true partner of Justrite Limited’’