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List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo - Politics (9) - Nairaland

Nairaland Forum / Nairaland / General / Politics / List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo (71563 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 porigho: 10:02am On Nov 10, 2015
Is it Buharis fault?A government that has been in power for 5months.Is it also the fault of Buhari that oil has fallen by more than 50 percent in price?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by pasol4real(m): 10:03am On Nov 10, 2015
President buhari take this advice, though i did not vote for you but at least this is still My country, n i want the best for the economy.The truth of the matter is as the economy of the country is destroying every one whether apc or pdp or What have u is suffering it.
Pls u have one opportunity to redeem our economy.
Ignore your 5% mentality.
Make an igbo Man the minister of finance.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by superstar1(m): 10:06am On Nov 10, 2015
Why is that it is only Ibos that are complaining, just because they lost the election with their Drunken Master of Otuoke?

When they were bastardising our economy under Jonathan, people like Okonjo, Stealer Oduah etc where were they?

They were busy shouting "leave our daughter alone".

What you are seeing today is the repercussions of leaving your daughters alone. Alas, we are all suffering for the ineptitude of Jonathan and the corrupt tendencies of Igbos that he packed into his cabinet.

We trust in Buhari to turn things around and surely he will.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Router45: 10:06am On Nov 10, 2015
FreeGlobe:

you are a stark illiterate. A mad man. Go and provide your own statistics idiot.

Obinoscopy, when will u ban this poster?

He has been abusing non igbos and no one has banned him yet?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Router45: 10:07am On Nov 10, 2015
FreeGlobe:

shut you and stop mentioning me you idiot

Obinoscopy, when will u ban this poster?

He has been abusing non igbos and no one has banned him yet?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Router45: 10:07am On Nov 10, 2015
FreeGlobe:

look at this bastard that doesn't know his parents. zombie.

Obinoscopy, when will u ban this poster?

He has been abusing non igbos and no one has banned him yet?
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Abbeyme: 10:09am On Nov 10, 2015
chinchum:
the change is not a on/off switch button, it is a process, everyone must key in to the change. I believe the process is ongoing, this is a trying period for the current govt, and Nigerians, if the previous govt had diversified the economy when the going was good(high oil prices), there would have been a better shock absorber. Over reliance of oil was going to hit every sector of the economy hard once the price crashes. The op is mischievious or possibly stupid to be posting those links to pass a message to un-discerning, from my cursory study of the links posted, what does profit drop for half year results of companies (Jan 2015 -June 2015) really has to do with the current govt?

Thanks for your post jare.

The OP took advantage of the fact that an average Nigerian does not read books. He posted several links that even from its heading, betrayal and purpose-conflict has set in!
People just wanted to occupy FTC and FP to 'get' some cheap and 'fraudulent' likes, without going through the article nor it's links...

The Nigerian boat was sinking and to bring it afloat, junks and drawbacks must be set aside and thrown out.

It's OK if those drawbacks get themselves out of our country and out of our economy and out of our lives!
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nelkoko: 10:11am On Nov 10, 2015
Wetin concern Hon Bacanister with president Bura failed govt?u need transformation ooo not change
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.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 10:12am 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/



mumuuuu* Op, so all this happened to them in just 5months of PMB reign?

go back and bring the real report of what happened to them from your inbecil** brother.


All this wailers self......una no dey tire?

lets have another election now now, your clueless VDV will still be defeated.

St*pid wailing wailer.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by ransomed: 10:15am On Nov 10, 2015
calaway:


I simply calld out your inability to comprehend and understand the big picture, you claiming glory for nothing!

despite the daily export of ss and se crude oil the economy is going down the earlier you realize this the better, stop being a zombie.

first JP morgan and now its Barclays to Cut Nigeria from Emerging Markets Local Bond Index Feb 2016
::-- You are dishing out ratings and economic indices without considering that pollution can wipe away your robust, booming economy in minutes. You are used to insulting and name calling. You believe in JP Morgan ratings, IMF advice, World Bank policies and your people are suffering while Mu ltinationals are making more money and siphoning resources to the country home. Who is a Zombie and "follow follow" if not you? Heed my counsel, drop your certificate and use your hand to work and stop being e-warrior.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by smuth(m): 10:17am 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.

[size=14pt]
Your papa send you go school you no go...see as person analysis wetin happen under Buhari yet na rubbish you come here come post...mumu.
[/size]
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by ademo1: 10:22am 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
why do u people from East think from ur anus. small thing like this na tribal war.
u av to be reasonable. y are u so obsessed about yoruba. mind ur business and leave yoruba alone because we r not the cause of ur woe. nonsense!!

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by fuke(m): 10:22am 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
You need to be awarded a doctorate in Economics.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by obstead200(m): 10:22am 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/

[size=13pt]
I am not a Buhari fan. But I think it is erroneous and preposterous to blame buhari for the misfortune of multinationals.
The obvious reason for falling profits is the foreign exchange rate which has remained unfavorable for import dependent companies and their supporting services.

do u want to also blame buhari for falling oil prices and overdependence on oil revenue?

will u also blame him for an import dependent economy or for the gross corruption that makes it impossible to enforce simple import restrictions?

Dude, get educated or get a life!!!!
[/size]

2 Likes

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by alfonso36(m): 10:24am 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
keep decieving urself, anu umpama
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by smuth(m): 10:24am 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.

[size=14pt]Abeg na wetin this mumu dey talk?[/size]
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by chinchum(m): 10:28am On Nov 10, 2015
smuth:

[size=14pt]
Your papa send you go school you no go...see as person analysis wetin happen under Buhari yet na rubbish you come here come post...mumu.
[/size]
I doubt you have papa. It is better you hide your foolishness with silence
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by MightySparrow: 10:29am On Nov 10, 2015
:? MY OWN PROFIT APPRECIATE 200% UNDER BUHARI
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by smuth(m): 10:31am On Nov 10, 2015
obstead200:

[size=13pt]
I am not a Buhari fan. But I think it is erroneous and preposterous to blame buhari for the misfortune of multinationals.
The obvious reason for falling profits is the foreign exchange rate which has remained unfavorable for import dependent companies and their supporting services.

do u want to also blame buhari for falling oil prices and overdependence on oil revenue?

will u also blame him for an import dependent economy or for the gross corruption that makes it impossible to enforce simple import restrictions?

Dude, get educated or get a life!!!!
[/size]

[size=14pt]Guy na you need education pass...you just typed trash.

APC supporters are blind and dumb, plus they are demons...we the good people of Nigeria will not allow you idiots destroy our country before we send you all to hell where you belong...broom wielding demons.
[/size]
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by ephi123(f): 10:32am On Nov 10, 2015
mira4u:
undecided I thought they were all shouting 'we want CHANGE'. Oya now, see the change. Nigerians always attaching sentiment to politics, instead of truth, fairness and transparency. Smh

Nigerians are quite sentimental agreed, but concerning the bolded you surely can't be implying that Jonathan stood for "truth, fairness and transparency"
If he did, he would definitely still be the president today
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by calaway: 10:33am On Nov 10, 2015
ransomed:
::-- You are dishing out ratings and economic indices without considering that pollution can wipe away your robust, booming economy in minutes. You are used to insulting and name calling. You believe in JP Morgan ratings, IMF advice, World Bank policies and your people are suffering while Mu ltinationals are making more money and siphoning resources to the country home. Who is a Zombie and "follow follow" if not you? Heed my counsel, drop your certificate and use your hand to work and stop being e-warrior.

is it that you are a mad man just raving or you are an illiterate?

Lesson 1 to eternity for ransomed-

1. more profit declared translates to more tax accrued to FG, SG and Local governments while also providing for larger dividend for stake holders and the rippling effect of a better economy for society. It is always a positive thing.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by smuth(m): 10:35am On Nov 10, 2015
chinchum:
I doubt you have papa. It is better you hide your foolishness with silence

[size=14pt]You just proved to be an idiot...APC supporters are broom wielding demons, we the good people of Nigeria will send you all to hell were you belong before you destroy our dear country Nigeria.[/size]

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by amazingspiderma: 10:36am On Nov 10, 2015
Poverty is not a lack of oppourtunity,it is the lack of vision.
Luck is the meeting point between preparation,oppourtunity and hard work.
Genius is knowing how to score or create solution when people give excuses,It is the gini at work within us.
The dinasor became extinct because it felt too big to innovate,but the ant prospered because it was never afraid to work with others who are different.
A liar will always claim that his witness lives in the next village.
A lazy man blames anybody but himself for his misfortune.
Leadership is good because it reveals a man's character and competency.
If thou faints in the day of adversity,your strenght is small.

The hobby of a wise man is learning,while that of a fool is argument.
Only a fool will argue with numbers.
You can chose to be wise or otherwise,it is all up to you.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by Nobody: 10:47am On Nov 10, 2015
Logician:


You've probably never heard of insider trading because the internet is awash with news of celebrities, also some traders get advance information. Those are the type of frauds that occur in the NSE and that could be beneficial to dubious coy. Coys that fraudulently got import duty waivers also are bound to have their profit decline. Pls don't quote me again sir.



U said u should not quite u again because of the very useless explanation u just gave.

Please shut up wen u see a topic u know nothing about.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by mirakzhomes: 10:59am 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

I laugh at your reasoning..... Hahahahaha ; cheesy
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by nastyesco(m): 11:08am 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

If u were my child...I ll dump u in the well for ur stupidity....nd u re staying in Lagos oh...better go to ur flood ravaged homestead

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by chyket(m): 11:08am On Nov 10, 2015
If you tighten the economy and there is liquidity squeeze,this is what happens.The spending power of Nigerians has been weakened so they cant purchase as much goods as they use to purchase hence those companies are posting losses. I believe that when the cabinet is fully set up and federal govt starts implementing the budget,more money will circulate and we can begin to notice improvements in the economy generally
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by NigerianDiamond(m): 11:11am On Nov 10, 2015
pasol4real:
President buhari take this advice, though i did not vote for you but at least this is still My country, n i want the best for the economy.The truth of the matter is as the economy of the country is destroying every one whether apc or pdp or What have u is suffering it.
Pls u have one opportunity to redeem our economy.
Ignore your 5% mentality.
Make an igbo Man the minister of finance.

And what would that CHANGE? An incompetent Igbo woman brought us where we are today. Stop TRIBALISM. The president will appoint he/she whom he feels is fit for the position.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by MrEverest(m): 11:11am 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
LWKMD, our fellows from the other side of the niger are good when it comes to lies & propaganda. Remember d dubius osun gdp debacle yet they were d first to be hit by starvation. The truth which the ungrateful elements have refused to acknowledge is that they all depend on niger delta oil & the day its cut-off, they will all die of starvation!!! With only reduction they are all suffering, what then happens when it is finally cut-off?? Breeze don blow & fowl yansh don open.

1 Like

Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by pomsky: 11:17am 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/



[size=14pt].......and what do you think the situation would have been if the bayelsa man was still on seat........all you have mentioned are recoverable and temporal.....which is easier to do, build up or destroy.......a 7 day war can cause damages that will take 70 yrs to recover from.........all you have stated as evidences are symptomatic of a nation in a healing process.....the "damage" you're projecting is not caused by the present govt...time will tell![/size]
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by RICHBOI2(f): 11:18am On Nov 10, 2015
menix:
I can't find Koko company makers of koko garri on that list, re they not multinationals too.

Koko garri have not made profit at all ask Dbanj.

What has KOKO GARI got to do with this discussion? Oponu jatijati.
Re: List Of Multinationals In Nigeria That Are Crashing Under Buhari - By Ikengawo by menix(m): 11:21am On Nov 10, 2015
RICHBOI2:


What has KOKO GARI got to do with this discussion? Oponu jatijati.

Ara gba papa gi....

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