kettykin:
I once made a thread that the Lagos economy bubble is about to burst . The burst will be so much that manufacturing will cease and the companies will resort to importation.

I really pity blue collar people who are not planning to relocate.

Lagos is gone , know this and know peace.

You made a serious assertion that Lagos is gone and that there is a bubble in Lagos but you didn't prove it.

When you come on a space like this, you need to prove your points and not just drop statements without basis.

Is Yarimo amongst those? Factory Dey for Naira hand ?

AbuTwins:
Nigeria is like marriage, it's for better for worse. In Good and otherwise!

When una dey make profit who una inform?

So you have never seen a Multinational Organization post their Profit after tax in your entire life? You guys are just impossible!

FreeStuffsNG:
Some are paper losses from forex devaluation loss.

shame supposed dey catch you

And majority of the companies like Cadbury and the rest posting loses are based in Lagos

Majority of the companies in Lagos owned by fellow citizens and foreign nationals are closing down and moving to Ghana . All thanks to the cluelessness of the world most useless president .

annford:


So you have never seen a Multinational Organization post their Profit after tax in your entire life? You guys are just impossible!

Of course I have seen them.

But we weren't informed that they've had profit in six consecutive years!

How did we get here? what did we do to deserve this evil set of leaders? God have you forsaken this country?

FreeStuffsNG:
Some are paper losses from forex devaluation loss.

The truth is that most of the losses are paper losses. Many of those companies or conglomerates have been investing in forex through several currency trading activities, they enjoyed the margin when it was profitable so they should also manage the loss.

I strongly agree with you that the bulk of their losses are paper losses.

Another strong opinion is that most companies in Nigeria connive with their auditors deliberately to report losses on their financial reports for most years to reduce tax liabilities and pay the minimum tax payable. I mean that most companies doctor their financial year reports to reflect loss position.

MadamExcellency:


Do you know the cost of running six 1800KVA generators simultaneously per 24 hours?

Didn't that extra cost of diesel reflect in their sales prices? Do you still buy any product at the price you bought it last year.

nedu666:


Which one is paper loss. All the banks are posting forex gains as part of their profits, fed govt will tax those profits, is it paper they will pay govt

Google the meaning of paper loss before you comment. It might help to inform you.

dre11:


https://leadership.ng/6-manufacturing-firms-post-n166-3bn-losses-in-9-months/

Only the first two matter.

OfficialAPCNig:
The first time we gave Yoruba people power, they attempted to steal the country with their third term agenda.

The second time we gave them chance to rule this country, they crumbled the economy.

It's just a pity that the best SW have to offer (BAT) is worse than the worst ever from the North (Buhari).

The North produces better leaders than SW.

FACT

You are still stuck in the election euphoria: still blaming a whole tribe for your failure and misfortune. Learn to take responsibility, it is the first step towards improvement in life.

The Yoruba tribe is not the cause of your failure in life.

RENEWED shege just happened to them.

What eBOLA cannot destroy does not exist!
The shyyythole is in shambles

Anything Tinubu Touches Dies ,
Know This & Know Peace

iwaeda:


APC only here to plunder, kill and destroy. Bad polices without any firm plans. Diesel is now N1160 per litre and NO electricity supply. By January, the jobless will be triple, unless government wake up to responsibility.

diesel is 1300 per litre biko

Wallade:


You are still stuck in the election euphoria: still blaming a whole tribe for your failure and misfortune. Learn to take responsibility, it is the first step towards improvement in life.

The Yoruba tribe is not the cause of your failure in life.

Yeah

We will continue blaming Yoruva moslems for hoisting the fraud on innocent Nigerians. How a supposed sophisticated tribe ditched an Osinbanjo for a Tinubu needs to be studied in goods.

MadamExcellency:
If Breweries can post losses then we are on the verge of economic collapse.

you wey no dey allow your husband drink even 1 bo.

FreeStuffsNG:
Some are paper losses from forex devaluation loss.

Shut up, this wandering nematode

Any batist should go to APC secretariat with valid bat ID and collect palliative, plus 5k poverty aliviation allowance
Please note PDP members and obidients are not allowed

michlins:
diesel is 1300 per litre biko

Ayeeee ooo. It is cheaper near me then.

Free2Fly:


you wey no dey allow your husband drink even 1 bo.

Drinks are meant for those who want to forget sorrow and depression.

dre11:


https://leadership.ng/6-manufacturing-firms-post-n166-3bn-losses-in-9-months/

we told the tribalists not to vote for the sahelian scallywag but dem refuse to listen.........if care is not taken Tinubu will finish what the sudanese started!

kettykin:
I once made a thread that the Lagos economic bubble is about to burst . The burst will be so much that manufacturing will cease and the companies will resort to importation.

I really pity blue collar people who are not planning to relocate.

Lagos economy is going , know this and know peace.

No more huge IGR for LASG.

When they set their Masquerade festival during election, they thought they were doing igbos not knowing that they were doing themselves.

Whala dey oo

Efilse:
Get any book of any author for half the price.

Send me a mail.

Are you serious.
Those it includes FOREIGN BOOKS?

igwebuike01:
Renewed shege. Ndi Ronu how market? Hope you know your people are predominantly factory workers while igbos are traders. If factory closes Ronuites will become jobless while Igbo traders get their goods elsewhere and increase prices.

Who will now buy the goods ode, you don't know that yoruba are your major customers

THEY SHOULD LEAVE NIGERIA, THE GULLIBLE CITIZEN SHOULD CONTINUE TO BUILD HOTEL INSTEAD OF PRODUCTION LINE, FOR THE YAHOO BOYS SACRIFICE THEIR LOVE ONE FOR THE SPIRIT TO BRING MONEY,TO LODGE IN THE 10 STAR HOTEL AWON ERANKO, AND THEIR FRIENDS

OfficialAPCNig:

Yeah

We will continue blaming Yoruva moslems for hoisting the fraud on innocent Nigerians. How a supposed sophisticated tribe ditched an Osinbanjo for a Tinubu needs to be studied in goods.

You go explain tire

FreeStuffsNG:
Some are paper losses from forex devaluation loss.

continue to mock yourself by supporting this government

Diligent1:

Who will now buy the goods ode, you don't know that yoruba are your major customers

because you guys lost your hands not to farm your own farm, oluya must understand that, is not by force to be their customer

Our Politicians need to learn that the more corrupt they become the more the naira will fall, which means the more they will become poorer in international market, the world is a global village now..
If we all don't put all hands on deck we are in for a terrible drive.. Cancel the CBN I&E window let the Naira float naturally, that will create stability in it's value.. Currency stability is what any good economy need.

FreeStuffsNG:
Some are paper losses from forex devaluation loss.

😂😂😂😂😂😂😂😂😂😂
This one really humbled you. No long nonsensical defense for this, this time. Keep deceiving yourself.

You forgot to add check my signature for free stuffs