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List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo (70784 Views)

Everything Crashing Under Buhari Even MMM / Ikengawo's Collection Of Excuses For Buhari As Our Economy Collapses / Why Power Supply Improved Under Buhari, By Nebo (2) (3) (4)

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Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by FreeGlobe(f): 7:46am On Nov 10, 2015
KingEli:
mumu
Zombie, bow and worship buhari

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by coolhamid(m): 7:46am On Nov 10, 2015
PMB needs to fix the economic problem we are currently facing, can't he organise National Economic Summit and let stakeholders in the economy proffer a long lasting solution to the economic problems we are facing instead of relying on some advisers in Aso rock.

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Awoofawo(m): 7:47am On Nov 10, 2015
For a moving object to safely change direction, must the object first slow down, halt or not?
There are no doubts that the economy is slowing downing but the direction in which it will head after temporary halt, should of more concern!
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:48am On Nov 10, 2015
EternalTruths:


Just as you prayed for Jonathan's failure. grin
I never prayed for Jona to fail...I prayed for him..I only voted him out when he failed to deliver...So pray for Buhari n vote him out if he fails to deliver

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by bashydemy(m): 7:48am On Nov 10, 2015
chinchum:
Are they suffering declining profits because Buhari became president 5 months ago?

OP, why art thou choosen to be so foolish and ridiculous ?

Declining oil prices and free fall of nigeria in exchange in 2014 affected all those compan1es. Your hero GEJ left a usd for 232 naira at the end of may 2015 in the parallel market.
Virtually all the results you postd were not even under the Buhari regime.

Don't mind the yeye OP, his write ups is total nonsense.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Allosaurus: 7:49am On Nov 10, 2015
[s]
KingEli:
shey u no say ur birth certificate na apology from d condom factory??...u r a mistake..ask ur father...stupiid jealous mofo
[/s]
Stop copying words from the internet. You sound more dumb than B00hari
[img]http://3.bp..com/-QsbUAuZuT3w/VdP9V1p-lyI/AAAAAAAAGpA/FVQi7gzJSVw/s640/buhair-emir.jpg[/img]

3 Likes

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by shamecurls(m): 7:49am On Nov 10, 2015
I beg tell the WW`s

bashydemy:
This is total nonsense OP, so you mean all this is happening cos of the emergence of PMB, you are wrong, they have been eating fat on Nigeria and Nigerians, they have been evading tax due to the bad leadership of GEJ. When the new sheriff in town kick start and started taxing them why won't they complain? They can go to hell and serious company will come in. You see MTN have been scamming Nigerians for years now they fine them for not obeying our rule and some ediots started complaining. OP and the wailers should know it's not business as usual oooo.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Eromsboy: 7:49am On Nov 10, 2015
First, Virgin Atlantic left Nigeria during Goodluck Jonathan and not Buhari's era.

Second: the current economic quagmire being experienced is the direct consequence of the decay brought by previous administrations, especially the immidiate past one. So what is this man saying here?

It would have been worse if Jonathan won for a second term because the level of fleeze would double and companies would be forced to shut down as a result of very harsh economic environment.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by FreeGlobe(f): 7:49am On Nov 10, 2015
zomoears:
Most of the links provided are for companies' half year profits i.e as at June 2015. Buhari took over on May 29th!

It's hard to blame him even for the few Q3 results, since he was not in charge for Q1 and Q2.

Zombie why then did buhari take glory for the under 17 world cup? Q3?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:49am On Nov 10, 2015
chuna1985:



So guiness nigeria has been enriching dem selves corruptly before now

When you hear of guiness, do you think they depend only on sales from their brand? Mosy of those coys are listed in the NSE and that's where the biggest fraud goes
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by free2ryhme: 7:50am On Nov 10, 2015
FreeGlobe:

but according to IGR figures just released by NBS the east totally was more economically viable than south west (sans lagos)


This report gives a detailed breakdown of States IGR for 2014 for 23 States of 36 States that have so far reported. Note that this report will be updated for 2014 as soon as data is received from the remaining States. According this report and data may be updated periodically.



The following 13 States are yet to report on their IGRs for 2014 as of the time of this report: Abia, Adamawa, Borno, Cross River, Ebonyi, Edo, Gombe, Jigawa, Kano, Kwara, Ondo, Taraba and Yobe



So do you want t base your conclusion on these since 13 states are yet to report their IGRs. If you claim the South East posted prosperous IGRs why are the Ibos not getting the dividends of these IGRs in terms of development or are you oblivion to the happenings in the region?

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:50am On Nov 10, 2015
FreeGlobe:

Zombie, bow and worship buhari
I should bow n worship Buhari d same way ur mama is on her knees every night sukking me dikk abi?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by mediachirps(m): 7:50am On Nov 10, 2015
naijaking1:
Those st.u..pid companies are wailing wailers who are jealous of PMB success at the elections, his beautiful under-aged wife, his body language, his gap-toothed smile, and his fight against corruption. You know they say when you fight corruption, corruption fights back.
These companies must be Igbos or something
as expected. Animal will always be found among humans.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Intendy: 7:50am On Nov 10, 2015
saintmark88:


Very Good response, hope the OP reads this, from his name Ikengawa, u can clearly state were he is from, wht party he belongs to and were he stands, instead of u guys trying to use blackmail to get Nigerian heart back to your party, U guys should re-brand, tell ur nurse to keep quiet, he knows nothing about being an opposition, change ur symbol, the umbrella is synonymous to kwaraption, looting, electoral malpractice and other societal evils. You come from the point of a filling or falling economy under buhari and how the companies r running away, buh the questions i will ask is, with the economy being the biggest in Africa by ( GDP) on paper, and these so called MNCs under Jonathan, what did we gain, for 16years under PDP are we not still crying for the deplorable state of our federal roads, are we not still crying for power, are we not still chanting unemployment......so where exactly was there an improvement from 1999 to 2015....because of a few thousands u sell urself and begin to post nonsense....not all Nigerians are Gullible........
My brother I believe you know when a f00l is posting.
the Op is just one
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nathystarry: 7:50am On Nov 10, 2015
Bollove:
all these ikengawo and barcanista of this nairaland are bunch of ignorant mofos , uncivilised, uncut and unrefined.

MNCs has always been making abnormal profits in Nigeria .... MNCs rendered services that is not citizen oriented, more powerful than regulatory agency and do not give a hoot about Nigeria other than profit, profit and profit.

All MNCs in the Oil sector operating in NigerDelta, if they should be made to clean up ogoni land and many other communities affected by oil spillage which is normal global standard operating procedure, do you think their profit would be as high as being quoted.

what these MNCs did in Nigeria and are doing , they dear not try it in any advanced nations......... They are here just to make money simple while contributing little to sustainability.

imagine the lackadaisical attitude of MTN to the government policy on simcards .......... Useless mtn think it is business as usual .... Am on MTN network but when a company disregard our policy on our own soil, then she should face the music or ship-out.

oil companies on clean up and many other non citizen oriented services rendered by others.

The era of lack of political and intellectual will to deal with these MNCs is over, the era of Jonathan, Yar'adua and obasanjo is over .....

New Sheriff is in town, only MNCs which care about Nigeria and Nigerians should stay behind to make legitimate money, only investors who wants to make legitimate ROI should stay behind ...... for those ones who have come in through backdoors, bribery and corruption through their unpatriotic accomplice in government, they are free to leave.

Majority of MNCs and other FDIs came into Nigeria through corruption because Nigeria is one hell of a country with abnormal and illegitimate return on investment, Now they are taking away their money cuz Government is imposing citizen oriented service which shall rub them off their ill gotten wealth.

let them all go, they will come back when they are ready for legitimate deals and they should allow genuine investors to take over our huge market.
God bless you for this unbiased contribution. Some don't know the implication of what is happening now till later. You are truely a patriotic Nigerian citizen.

2 Likes

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:50am On Nov 10, 2015
I still don't believe there's a government in Nigeria at the moment.

2 Likes

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:50am On Nov 10, 2015
mazzi:
Chai,but we warned them about bubu but they didn't heed to our advice
How about this: We warned them about bubu, but they booed our advice and now they are drowning in his poo thinking they would swim in his pool.#TestingMyrhyme
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by EternalTruths: 7:50am On Nov 10, 2015
KingEli:
I never prayed for Jona to fail...I prayed for him..I only voted him out when he failed to deliver...So pray for Buhari n vote him out if he fails to deliver


Why should I pray for a man who called us 5% cool
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by philips70(m): 7:51am On Nov 10, 2015
As usual, for the gullible followers and the LIKES will continue to grow.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:51am On Nov 10, 2015
Allosaurus:
[s][/s]
Stop copying words from the internet. You sound more dumb than B00hari
[img]http://3.bp..com/-QsbUAuZuT3w/VdP9V1p-lyI/AAAAAAAAGpA/FVQi7gzJSVw/s640/buhair-emir.jpg[/img]
do I say dumber than ur father?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by JuanDeDios: 7:51am On Nov 10, 2015
Ikengawo:
I challenge anyone to post me examples of Job creation. I am not saying they don't exist though I believe this, I am simply laying the evidence before you to make your own conclusion as a voter.





November
Nigeria: Virgin Atlantic May Have Pulled Out of Nigeria, Sacks Nigerian Staff

Quote: "We fought daily battle against government agents who wanted to daily make fortune from us, politicians who saw the government 49 per cent as a meal to seek for all kinds of favour... watchdogs (regulatory body) that didn't know what to do and persistently asking for bribes at any point... Nigerian people are generally nice but the politicians are very insane... that may be irony because the people make up the politicians."
http://allafrica.com/stories/201511090151.html

Honeywell Flour Mills reports 66.27% decline in full year profit
https://trwstockbrokers./2015/08/03/honeywell-flour-mills-reports-66-27-decline-in-full-year-profit/

October
Guinness Nigeria suffers 76% profit decline
http://businessnews.com.ng/2015/10/24/guinness-nigeria-suffers-76-profit-decline/

Lafarge Africa’s profit dips amidst slow sales in Q3
http://thenationonlineng.net/lafarge-africas-profit-dips-amidst-slow-sales-in-q3/

Unilever Nigeria : FMCG Companies Suffer Half-Year Profit Decline
http://www.4-traders.com/UNILEVER-NIGERIA-PLC-8252801/news/Unilever-Nigeria--FMCG-Companies-Suffer-Half-Year-Profit-Decline-21155149/

First Aluminium Nigeria records 21.8 % profit decline
http://worldstagegroup.com/index.php?active=news&newscid=25451&catid=30

AIICO INSURANCE PLC: Decline in profits
http://www.pressreader.com/nigeria/thisday/20151108/281827167647336/TextView

Facts behind Diamond Bank’s 12percent profit decline in H1 2015
http://www.transparentnigeria.com/news_entries/24294/Facts-behind-Diamond-Bank%E2%80%99s-12percent-profit-decline-in-H1-2015

Cadbury Nigeria Records 98% Dip in Nine Months Profit
http://www.thisdaylive.com/articles/cadbury-nigeria-records-98-dip-in-nine-months-profit/222822/

HoneyWell Flourmills Records Profit Decline in Half Year 2015
http://www.bullsnbearsng.com/2015/10/honeywell-flourmills-records-profit.html

PZ Cussons: A corporate giant on the decline
http://newmail-ng.com/pz-cussons-a-corporate-giant-on-the-decline

September
Mobil Oil Nigeria records 39% profit decline
Quote: The financial results of the company for the period ended 30th September 2015 published by theNigerian Stock Exchange today showed that profit before tax fell 33.5 per cent
http://naija247news.com/2015/10/mobil-oil-nigeria-records-39-profit-decline/

August
MTN’s Profit Declines as Sales Fall in Nigeria, South Africa
http://www.bloomberg.com/news/articles/2015-08-05/mtn-profit-declines-11-as-sales-fall-in-nigeria-south-africa

Nestle Nigeria records 50.8% profit decline in Q1
http://nationalmirroronline.net/new/nestle-nigeria-records-50-8-profit-decline-in-q1/

This makes no sense. Buhari has shown a zero sense of economic direction so far but blaming him for the losses recorded by these companies is lame. Your use of a Richard Brandon quote that was made in 2012 as if it was made about the Buhari government is immoral.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by chudi55: 7:51am On Nov 10, 2015
Agha this ugly face.,? I dnt see anything good frm it so I'm not surprise
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:51am On Nov 10, 2015
OP stfu. This multi-nationals have been enjoying and making profit from this country in the past administrations at the detriment of Nigerians.

Who gives a Bleep about their loss now.


Im only concerned about the ones that are losing their jobs. But im sure Nigeria is undergoing a very important process to being better.


Those that will do business will stay and do business. And those that are leaving can leave. It will only be an opportunity for new investors.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by FreeGlobe(f): 7:52am On Nov 10, 2015
Eromsboy:
First, Virgin Atlantic left Nigeria during Goodluck Jonathan and not Buhari's era.

Second: the current economic quagmire being experienced is the direct consequence of the decay brought by previous administrations, especially the immidiate past one. So what is this man saying here?

It would have been worse if Jonathan won for a second term because the level of fleeze would double and companies would be forced to shut down as a result of very harsh economic environment.
Zombie didn't you see link attached? So you think the failure of Buhari to appoint ministers in almost 8 months has no effect in the economy? sai buhari zombies everywhere

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:52am On Nov 10, 2015
Logician:


When you hear of guiness, do you think they depend only on sales from their brand? Mosy of those coys are listed in the NSE and that's where the biggest fraud goes


Explain d fraud Mr man.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by gbishman: 7:52am On Nov 10, 2015
This companies must adjust to the prevailing climate of change that's their remedy
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 7:52am On Nov 10, 2015
EternalTruths:



Why should I pray for a man who called us 5% cool
cuz he is ur president n if u r not cool with dat,,go to hell n burn
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by billyG(m): 7:52am On Nov 10, 2015
Shebi Gej & Okonja IweaLIER told us nigeria is d largest economy in Africa.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by justmenoni: 7:53am On Nov 10, 2015
So if u establish a Coy home or abroad Wat would be ur major concern Isn't it profit unless u're running an NGO


quote author=investnow2013 post=39858394]We should always know that these Muiltinational companies are there just for profit and if not, they will cut & run!.Our Indigeneous companies have no way to run, but Nigeria!!!!![/quote]
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Orikinla(m): 7:53am On Nov 10, 2015
Ikengawo:
I challenge anyone to post me examples of Job creation. I am not saying they don't exist though I believe this, I am simply laying the evidence before you to make your own conclusion as a voter.





November
Nigeria: Virgin Atlantic May Have Pulled Out of Nigeria, Sacks Nigerian Staff

Quote: "We fought daily battle against government agents who wanted to daily make fortune from us, politicians who saw the government 49 per cent as a meal to seek for all kinds of favour... watchdogs (regulatory body) that didn't know what to do and persistently asking for bribes at any point... Nigerian people are generally nice but the politicians are very insane... that may be irony because the people make up the politicians."
http://allafrica.com/stories/201511090151.html

Honeywell Flour Mills reports 66.27% decline in full year profit
https://trwstockbrokers./2015/08/03/honeywell-flour-mills-reports-66-27-decline-in-full-year-profit/

October
Guinness Nigeria suffers 76% profit decline
http://businessnews.com.ng/2015/10/24/guinness-nigeria-suffers-76-profit-decline/

Lafarge Africa’s profit dips amidst slow sales in Q3
http://thenationonlineng.net/lafarge-africas-profit-dips-amidst-slow-sales-in-q3/

Unilever Nigeria : FMCG Companies Suffer Half-Year Profit Decline
http://www.4-traders.com/UNILEVER-NIGERIA-PLC-8252801/news/Unilever-Nigeria--FMCG-Companies-Suffer-Half-Year-Profit-Decline-21155149/

First Aluminium Nigeria records 21.8 % profit decline
http://worldstagegroup.com/index.php?active=news&newscid=25451&catid=30

AIICO INSURANCE PLC: Decline in profits
http://www.pressreader.com/nigeria/thisday/20151108/281827167647336/TextView

Facts behind Diamond Bank’s 12percent profit decline in H1 2015
http://www.transparentnigeria.com/news_entries/24294/Facts-behind-Diamond-Bank%E2%80%99s-12percent-profit-decline-in-H1-2015

Cadbury Nigeria Records 98% Dip in Nine Months Profit
http://www.thisdaylive.com/articles/cadbury-nigeria-records-98-dip-in-nine-months-profit/222822/

HoneyWell Flourmills Records Profit Decline in Half Year 2015
http://www.bullsnbearsng.com/2015/10/honeywell-flourmills-records-profit.html

PZ Cussons: A corporate giant on the decline
http://newmail-ng.com/pz-cussons-a-corporate-giant-on-the-decline

September
Mobil Oil Nigeria records 39% profit decline
Quote: The financial results of the company for the period ended 30th September 2015 published by theNigerian Stock Exchange today showed that profit before tax fell 33.5 per cent
http://naija247news.com/2015/10/mobil-oil-nigeria-records-39-profit-decline/

August
MTN’s Profit Declines as Sales Fall in Nigeria, South Africa
http://www.bloomberg.com/news/articles/2015-08-05/mtn-profit-declines-11-as-sales-fall-in-nigeria-south-africa

Nestle Nigeria records 50.8% profit decline in Q1
http://nationalmirroronline.net/new/nestle-nigeria-records-50-8-profit-decline-in-q1/

. OP, you are what we call "Ode" in Yoruba language. Virgin Atlantic is still in Nigeria. I am an insider. Emirates, British Airways and other foreign airlines are doing great. The other companies you mentioned their financial reports were based on the records before President Muhammadu Buhari's administration took over the national government. Sometimes, I wonder why lazy people who cannot do proper research and economic analysis rush to copy and paste reports without factual analyses and end up with ignorant conclusions. READ for your own GOOD and stop being STU-PID!
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by wristbangle: 7:53am On Nov 10, 2015
basilo101:
Yorubas keep bragging that they can survive without oil because of multinationals in Lagos, nw oil price and they are all losing, hw cn dey cope with Tinubu's overtaxation to keep sustain Lagos economy? Jst watch, only indegenous companies mainly in d east have d resilience to withstand this

I am tired of tribal and silly comments from people like u.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by simpleseyi: 7:55am On Nov 10, 2015
mazzi:
Chai,but we warned them about bubu but they didn't heed to our advice

If another election is held today, Buhari will still defeat your clueless drunk looter and his thieving light skinned girlfriends.

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