Sundry Markets Limited, operators of Marketsquare Supermarkets, has clarified the circumstances surrounding the temporary closure of its Sapele Road store in Benin, assuring customers that the outlet is fully compliant with state tax and regulatory requirements.
In a statement released by the company on Friday, management said the store was reopened shortly after authorities reviewed the submitted documentation. “We assure our valued customers and stakeholders that Marketsquare is fully compliant with the exacting tax laws and other obligations in the State. All necessary evidence has been promptly provided to the relevant authorities, and the store was reopened shortly after,” the statement read.
The company further noted that it is maintaining active engagement with state authorities to prevent similar misunderstandings in the future. “We are in active engagement with the relevant authorities to ensure smooth communication and avoid such misunderstandings in the future,” the statement added.
Sundry Markets emphasised its commitment to statutory compliance and the trust of its customers. “As a responsible corporate citizen, we remain committed to full compliance with all statutory obligations and to maintaining the trust of our customers and stakeholders. Our focus remains on delivering the quality service and shopping experience our customers know us for,” the management said.
The company currently operates three stores in Edo State, providing over 500 direct and indirect jobs. It also confirmed ongoing plans to expand its network across the state and other parts of Nigeria to bring goods and services closer to consumers.
The management concluded by thanking customers for their support and understanding. “We thank our loyal customers for their understanding and continued patronage. We remain committed to serving the community with excellence and integrity,” the statement said.
Sundry Markets Limited continues to position itself as one of Nigeria’s growing grocery retail chains, aiming to balance regulatory compliance with customer satisfaction.