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Nairaland Forum / Nairaland / General / Business / Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages (10621 Views)
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Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by acunon: 7:27am On Sep 22, 2016 |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by davide470(m): 7:28am On Sep 22, 2016 |
ednut1:Oh i see. Wonder when we would get to see statistics again at a single digit in Nigeria. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by john650(m): 7:51am On Sep 22, 2016 |
abumeinben:It would be heading for the exit doors by now. 1 Like |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Nobody: 7:58am On Sep 22, 2016 |
Pavore9:Is Nigeria climate and land good enough to grow those crops?How safe are the crops with the way cattle is eating farmers crops and when they complain they will be killed by fulani herdsmen and the president is keeping silence about it? |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by impartialspec: 8:02am On Sep 22, 2016 |
If the loss is after 30 years, it then implies that the last loss was between 1984 and 1986. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by tivta(m): 8:05am On Sep 22, 2016 |
impartialspec: The same time buhari was head of state abi? Dejavu 3 Likes |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Pavore9: 8:10am On Sep 22, 2016 |
Love Machine: Not every farmland in Nigeria is being trampled upon, so let us not be pessimistic because if it were so no foodstuff would be found in the market. It terms of climate there is more to Nigeria that you probably don't know! List out crops and l will let you know where it can be grown! |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by jasper83: 8:11am On Sep 22, 2016 |
Love Machine: you must be a learner, don't you know that crude oil export is our main earnings in dollars in international markets. Since the price slumped the dollars earnings/saving of the country falls. And our economy is import driven meaning all we do is dollar related, from fuel importing, medical trips abroad, importation of sugar, rice, wheat, clothes, payment of schools fee abroad all on this dollar in foreign reserves. Now the dollar is not enough to go around to service our previous lifestyle of importation of many decades. That is why restrictions is placed on some supposedly secondary needs to the country so that more needs like fuel import, pharmaceutical drugs can come in. Its just a case of government priorities for now. For smart firms who can persevere, this is the time to source locally and put less pressures on the dollar as their on contributions to help the country out. I don't envy the president at all because no government can perform any magic, or can you spend what you don't have? Finally I think Nigerians should be schooled on how our own economy works so that people can understand the fundamentals and not cry blue murder always with some unpatriotic comments and unnecessary bashings. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Bolade005: 8:20am On Sep 22, 2016 |
The people at the top are doofüs. Guinness Nigeria is responsible for its own predicament not Nigeria. NB and International Brewery are doing fine so what stops Guinness? They need change of management. The need intelligent people at the top. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Gerrard59(m): 8:20am On Sep 22, 2016 |
Now is the time to go into sorghum plantation. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Nobody: 8:20am On Sep 22, 2016 |
there was just no better time for the recession to occur. this is what will make the nigerian leaders to sit up n look for ways to diversify the economy rather than relying on oil. if there was no recession n no nda, nigeria will still be relying heavily on oil and one day, the demand for nigeria's oil might will drop drastically. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Nobody: 8:24am On Sep 22, 2016 |
Love Machine: in your bedroom, dull brain |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Nobody: 8:35am On Sep 22, 2016 |
[quote author=StephanieLuv post=49567726][/quote] Buhari is hitting the rich and the poor, and no its not the previous administration fault. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by john650(m): 8:35am On Sep 22, 2016 |
SamuelAnyawu:What would really be sad is to watch AB InBev who has never been in this part of the world enter the country next month to take over the reins of SABMiller and then end up taking Guinness market share because Guinness management did not prepare for the pending change. AB InBev has more money than Nigerian Breweries and Guinness combined and we should expect fierce competition in the beer space. Nigerian Breweries has been preparing for this but not Guinness. The game is about to change. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by SamuelAnyawu(m): 8:44am On Sep 22, 2016 |
john650: Are they building a factory in Nigeria? Do you have an idea when they want to commence operation here? I'm really interested in becoming a distributor |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Odogwuskido(m): 9:43am On Sep 22, 2016 |
Pavore9: Like what Govt. Of Anambra & partners are doing now. Growing of sorghum to be supplied to Intafact beverages |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Pavore9: 9:59am On Sep 22, 2016 |
Odogwuskido: That improves the local economy of the state. Should some in Anambra state go into massive cultivation of cabbage, lets say someone plants a 50g pack of hybrid seeds of cabbage that will yields about 12,000 heads of cabbage weighing about 4kg each. The traders of cabbage will not need to depend on bringing in cabbage from the north and the local farmer will end up after the sales, with a fat wallet! |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Nobody: 10:03am On Sep 22, 2016 |
jasper83:As i am typing, crude oil is being lifted for export.Who told you oyel is no longer selling?Though few countries boycotted Nigeria crude oil because of the ban place on foreign goods by the slowpoke. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by john650(m): 10:10am On Sep 22, 2016 |
SamuelAnyawu:They acquired SABMiller last year and the deal closes on October 10, 2016. So they will be taking over the assets of SABMiller worldwide, including Nigeria on 11 October. SABMiller has four existing breweries in Nigeria - Pabod Breweries in Portharcourt, Intafact Beverages in Onitsha, International Breweries in Ilesha and a brewery in Ibadan. For more info, go to: www.beverageindustrynews.com.ng |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by abumeinben(m): 10:18am On Sep 22, 2016 |
Pavore9: That did not answer my question. Besides, Guinness Nigeria was also using local materials...until thus news |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by ncoolsome(m): 10:26am On Sep 22, 2016 |
Love Machine: so when they said they would like inward what did you think they meant??most of this companies import anything I mean anything,if you leave them they will import the water they use for production.. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by salbis(m): 10:40am On Sep 22, 2016 |
iHustle336:Haven't you read the sentence where they stated that they will cut 310 staff at the last quarter of the year? |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Pavore9: 10:43am On Sep 22, 2016 |
abumeinben: They ere using and intending to use more (as stated in the article) to ease their foreign exchange need. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Odogwuskido(m): 11:24am On Sep 22, 2016 |
Pavore9: Exactly... But are the seedlings easily available? |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by jasper83: 11:38am On Sep 22, 2016 |
Love Machine: my friend nobody is arguing with you on the sales of crude, but the price its sold is the issue here. It was sold above $130 last five years but know hovering around $40 so do the mathematics. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by Pavore9: 12:29pm On Sep 22, 2016 |
Odogwuskido: I believe the Technisem offices in Nigeria should stock the Santa F1 cabbage seeds. |
Re: Guinness Nigeria Gets Diageo Loan To Help With Currency Shortages by abumeinben(m): 2:33pm On Sep 22, 2016 |
Pavore9: Why ? |
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