https://twitter.com/DavidHundeyin/status/1725961372909928751?t=eAOJyy6rMLtf-kMh_Y5CFQ&s=19

They are always quick to destroy, greedy bastards

Very possible. And today, ordinary citizens will pay for the greed of one man.

Omo..hope this is a lie sha

That’s a Nigerian man for you. Always coveting what the white man owns. Covets his dollars, football clubs, country, women and the list goes on. Shame on you.

Tinubu’s insatiable greed with that of his family members and cronies is bigger than Atlantic Ocean …I pity anybody expecting good governance from tinubu

This is hilarious, what of other companies that left Nigeria. Anyone can spin this story.

Dstv ,multichoiice Nigeria made a loss of more than N70B and might leave Nigeria soon after their disastrous business year.

If the economy was growing strong no GSK would have left for Ghana.

Does it mean the investment banker cannot do a hostile takeover of GSK in Ghana market.

Is GSK so profitable than somebody would consider a hostile takeover.

So start another story spinning

In sane climes that are working such a man would be fished out and hanged on national TV in front of the whole nation...every leader will think twice before using impunity ...that's why countries like South Korea and the likes are developed.and his wealth will be given to the state.

kettykin:
This is hilarious, what of other companies that left Nigeria. Anyone can spin this story.

Dstv ,multichoiice Nigeria made a loss of more than N70B and might leave Nigeria soon after their disastrous business year.

If the economy was growing strong no GSK would have left for Ghana.

Does it mean the investment banker cannot do a hostile takeover of GSK in Ghana market.

Is GSK so profitable than somebody would consider a hostile takeover.

So start another story spinning

Incoherent. You are not making sense.

kettykin:
This is hilarious, what of other companies that left Nigeria. Anyone can spin this story.

Dstv ,multichoiice Nigeria made a loss of more than N70B and might leave Nigeria soon after their disastrous business year.

If the economy was growing strong no GSK would have left for Ghana.

Does it mean the investment banker cannot do a hostile takeover of GSK in Ghana market.

Is GSK so profitable than somebody would consider a hostile takeover.

So start another story spinning

Policies indirectly enforced by cabinet ministers contribute to high cost of DSTV services and the high cost is the reason for the drop in the DSTV's market share. People were stuck with DSTV when there was no option. Netflix and other pay-as-you-go platforms now give people the opportunity to resent DSTV. You pay heavily for data and talk time because of those same greedy ministers.

GSK UK is now acquiring the full shares. The boardroom fight between GSK UK and the Nigerians who own more GSK Nigeria shares has been reported by the Cable.

HeatSeeker:


So you are agreeing with him? Interesting...

No. I am asking anyone interested in it to go read the real account. This is not your usual gossip pepper soup, these are regulatory related. Shareholder ownership in companies are publicly available if you bother to find out and read.

That's a very possible reason...



Our elites are greedy.

There is no denying that institutional corruption is endemic in Nigeria. Corruption is parts of official govt policy today in Nigeria

David "ODE" yin and lamba,
Tomorrow Gsk go con debunk am

The economy is seriously bleeds. Many companies are leaving by 2024 . Decisions to leave can be attributed to anything. Shoprite left GSK left ,Dunlop, all left. They left for Smaller
Several multinational companies have left Nigeria in recent years, citing a variety of reasons including economic instability, security concerns, and government policies. Here are some of the most notable examples:

Procter & Gamble (P&G): The American consumer goods giant closed its manufacturing plant in Agbara, Ogun State, citing "changing market conditions" and "a need to consolidate operations."
Opens in a new window
en.wikipedia.org
Procter & Gamble (P&G) Company Logo

GlaxoSmithKline (GSK): The British pharmaceutical company announced in 2023 that it would be ceasing all operations in Nigeria, transitioning to a third-party distribution model. GSK cited "increasing competition from local companies and imports" as well as "a challenging business environment" as reasons for its departure.
Opens in a new window
www.fiercepharma.com
GlaxoSmithKline (GSK) Company Logo

ShopRite: The South African supermarket chain closed its last store in Nigeria , citing "economic challenges" and "declining sales." ShopRite had been operating in Nigeria for 15 years.


Surest Foam Limited: The Nigerian foam manufacturer shut down its operations , blaming "economic hardship" and "a lack of government support."

Mufex: The Nigerian textile manufacturer closed down its operations , citing "rising costs" and "competition from imported goods."

Framan Industries: The Nigerian food processing company closed down its operations ,blaming "a lack of infrastructure" and "government policies that made it difficult to do business."

MZM Continental: The Nigerian steel manufacturer closed down its operations in,citing "a lack of demand" and "a weak economy."

Nipol Industries: The Nigerian paint manufacturer closed down its operations , citing "rising costs" and "competition from imported goods."

Moak Industries: The Nigerian plastics manufacturer closed down its operations , citing "a lack of electricity" and "a lack of access to raw materials."

Deli Foods: The Nigerian food retailer closed down its stores ,citing "a lack of customers" and "a weak economy."

Stone Industries: The Nigerian construction company closed down its operations ,citing "a lack of government contracts" and "a weak economy."

If check, Na Ibo the greedy fuul go be

shortgun:

Incoherent. You are not making sense.

Is this one also incoherent? We have been telling you that foreign investors will flee and Igbos will take over and it's happening

Benwallt:
If check, Na Ibo the greedy fuul go be

You know the greedy gang that captured the Nigeria state. Yorubas can never start anything from scratch and grow it. Always looking to capture already made through political mago mago

kettykin:
The economy is seriously bleeds. Many companies are leaving by 2024 . Decisions to leave can be attributed to anything. Shoprite left GSK left ,Dunlop, all left. They left for Smaller
Several multinational companies have left Nigeria in recent years, citing a variety of reasons including economic instability, security concerns, and government policies. Here are some of the most notable examples:

Procter & Gamble (P&G): The American consumer goods giant closed its manufacturing plant in Agbara, Ogun State, citing "changing market conditions" and "a need to consolidate operations."
Opens in a new window
en.wikipedia.org
Procter & Gamble (P&G) Company Logo

GlaxoSmithKline (GSK): The British pharmaceutical company announced in 2023 that it would be ceasing all operations in Nigeria, transitioning to a third-party distribution model. GSK cited "increasing competition from local companies and imports" as well as "a challenging business environment" as reasons for its departure.
Opens in a new window
www.fiercepharma.com
GlaxoSmithKline (GSK) Company Logo

ShopRite: The South African supermarket chain closed its last store in Nigeria , citing "economic challenges" and "declining sales." ShopRite had been operating in Nigeria for 15 years.


Surest Foam Limited: The Nigerian foam manufacturer shut down its operations , blaming "economic hardship" and "a lack of government support."

Mufex: The Nigerian textile manufacturer closed down its operations , citing "rising costs" and "competition from imported goods."

Framan Industries: The Nigerian food processing company closed down its operations ,blaming "a lack of infrastructure" and "government policies that made it difficult to do business."

MZM Continental: The Nigerian steel manufacturer closed down its operations in,citing "a lack of demand" and "a weak economy."

Nipol Industries: The Nigerian paint manufacturer closed down its operations , citing "rising costs" and "competition from imported goods."

Moak Industries: The Nigerian plastics manufacturer closed down its operations , citing "a lack of electricity" and "a lack of access to raw materials."

Deli Foods: The Nigerian food retailer closed down its stores ,citing "a lack of customers" and "a weak economy."

Stone Industries: The Nigerian construction company closed down its operations ,citing "a lack of government contracts" and "a weak economy."

Meanwhile indigenous companies keep waxing stronger in the East. The yoruba economic illiterates will learn the hard way. While Soludo is training youths and giving them start up capital, sanwo olu and Abiodun are gallivanting around looking for "investors"

Lagos, Agbara axis is heavily getting industrialized daily, I discussed with some Indian friends about $13b investment Nigeria was expecting and the laughed over it. Without saying a word, I knew that their home government might have given them the real big picture of the bleeding Nigeria economy

igwebuike01:

Meanwhile indigenous companies keep waking stronger in the East. The yoruba economic illiterates will learn the hard way. While Soludo is training youths and giving them start up capital, sanwo olu and Abiodun are gallivanting around looking for "investors"

This is the silent change of fortune going on, foreign lost is igbo gain.

igwebuike01:

You know the greedy gang that captured the Nigeria state. Yorubas can never start anything from scratch and grow it. Always looking to capture already made through political mago mago

Tinubu built APC. Obifraud hijacked LP. That's all. Enjoy your stupidity

Benwallt:


Tinubu built APC. Obifraud hijacked LP. That's all. Enjoy your stupidity

Lol. Na politics be una investment? I just de laugh

kettykin:
This is hilarious, what of other companies that left Nigeria. Anyone can spin this story.

Dstv ,multichoiice Nigeria made a loss of more than N70B and might leave Nigeria soon after their disastrous business year.

If the economy was growing strong no GSK would have left for Ghana.

Does it mean the investment banker cannot do a hostile takeover of GSK in Ghana market.

Is GSK so profitable than somebody would consider a hostile takeover.

So start another story spinning

Ask him.

What of the numerous others?

This David Hundeyin guy isn't very intelligent and only impress his dull followers. This is the reason why he quickly block those who ask critical questions about his posts on tweeter. He is only comfortable with the Obidients, majority of whom aren't well educated and well informed.

1) By simple Boardroom Policies, GSK could have reduced their shares available for public trading e.g from 49% to 30%. So the so-called Cabinet member couldn't have taken over the company because, the highest shares he would be able to buy will be 30% (and it is not even possible for one person to buy all the traded shares).

2) GSK can exit the Nigerian Stock Exchange if they don't want certain people from buying into their shares that can lead to a hostile take over by transiting from GSK Nigeria Plc to GSK Nigeria Ltd, without pulling out of the country.

3) If they are afraid of hostile take-over by the so-called Cabinet Minister in Nigeria, can't such a person target their shares in London Stock Exchange or Johannesburg Stock Exchange?

4) Will GSK be running from every country when and if some Capitalists want to massively buy over their shares?

FreeStuffsNG:
GSK UK is now acquiring the full shares. The boardroom fight between GSK UK and the Nigerians who own more GSK Nigeria shares has been reported by the Cable.

So you are agreeing with him? Interesting...

oyatz:
This David Hundeyin guy isn't very intelligent and only impress his dull followers. This is the reason why he quickly block those who ask critical questions about his posts on tweeter. He is only comfortable with the Obidients, majority of whom aren't well educated and well informed.

1) By simple Boardroom Policies, GSK could have reduced their shares available for public trading e.g from 49% to 30%. So the so-called Cabinet member couldn't have taken over the company because, the highest shares he would be able to buy will be 30% (and it is not even possible for one person to buy all the traded shares).

2) GSK can exit the Nigerian Stock Exchange if they don't want certain people from buying into their shares that can lead to a hostile take over by transiting from GSK Nigeria Plc to GSK Nigeria Ltd, without pulling out of the country.

3) If they are afraid of hostile take-over by the so-called Cabinet Minister in Nigeria, can't such a person target their shares in London Stock Exchange or Johannesburg Stock Exchange?

4) Will GSK be running from every country when and if some Capitalists want to massively buy over their shares?

You made it sound so simple. That's how it usually is from a keypad. David may be right or not but a hostile takeover is not so easily brushed aside as you put it. Moreso when the hostile party is well connected and powerful in a country like Nigeria.

That is what they have done with Dstv...reason why they have refused to allow the company operate like its counterpart in South Africa.

I heard Tayo Amuson bought shoprite?

aariwa:
Tinubu’s insatiable greed with that of his family members and cronies is bigger than Atlantic Ocean …I pity anybody expecting good governance from tinubu

the future is blinking

Nice2023:
That is what they have done with Dstv...reason why they have refused to allow the company operate like its counterpart in South Africa.

The same reason they refuse to make laws in that regard.