Accenture leaves Nigeria, transitions into Veraki after being in the country for more than 30 years

, Magazine

ACCENTURE, a global management consulting and professional services firm that provides strategy, consulting, digital, technology and operations services is leaving Nigeria in April.

The company is now transitioning into Veraki, a Nigerian company and by next week the name Accenture will disappear from the lexicon in the industry in Nigeria just like Diamond Bank which is being absorbed by Access Bank on April 1.

Some of staff of the company have left or are being poached by other consulting companies because of Accenture’s decision to leave Nigeria.

Segun Olalandu, marketing and communications officer of Accenture, stated that “the company “is not leaving the country but that it is transitioning into Veraki, a local entity”.

According to Olalandu, “As a professional services company, Accenture regularly reviews its operations, offerings, skills and capabilities to ensure it is best positioned to meet our clients’ needs.”

Following a review of the industry and client portfolios, he said that “services to Accenture clients in Nigeria will be delivered through a local Nigerian entity which will be formed independent of Accenture.

“We are not selling the business. However, we are transitioning some existing services for clients to a newly formed Nigerian entity that will be led by current and former Accenture employees.

“Most of the employees of Accenture in Nigeria will have roles in the new entity. Accenture will provide appropriate support to all employees in Nigeria during the transition” he said.