initiate:
with coca cola available in every nook and cranny all over Nigeria do they need to build another plant here?
investments for normal people are made for economic reasons and not political/sentimental reasons like spending millions of dollars looking for oil
stupid sensational headline

the only youth that reason well on this thread.... Thumbs up bro

initiate:
with coca cola available in every nook and cranny all over Nigeria do they need to build another plant here?
investments for normal people are made for economic reasons and not political/sentimental reasons like spending millions of dollars looking for oil
stupid sensational headline

Posts like yours make me continue to have hope in Nairaland.

How did Nigeria "lose" the investment?

And people will come here and spew rubbish and insults not knowing they are exposing their own ignorance.

ninocia18:
Bia ooo, wait. Are you saying that ehmmmm.... Wait. No coke again.
You people should stop running ooo. Na all of una follow destroy Nigeria. Things are now hard but you forgot how during fuel scarcity, price of coke will increase and will not come down when fuel is released. Now you are looking for greener pastures after turning Nigeria to a desert. I don't blame you sha. Na we just dey fall our hand anyhow. Black men will ever learn that white men are just opportunists. Only going to where they can gain and using it till there is nothing left for the next decade.... Na to begin sell zobo. Okwa the new big thing.

Yes zobo is it . Na our product. Over to research and development for the next levels. Our mumu don do.

Oj'ojumo l'an jiriya

Thatz what happens when you have a president whose agenda only is to fight IPOB and PDP all in the name of fighting corruption, and yet chooses to place clueless ministers in charge of the countries economy....but come to think of it, i think the present economic mess the country has found it self in presently is a blessing...i think God is teaching us a lesson and giving us a second chance to start from scratch, most of this foreign companies claiming to invest heavily in nigeria and at the end of the day suck us dry of our money and develop there countries, this is a wake up call to all local and indigenous firms to up there game, produce quality, so that the money generated in nigeria, stays in nigeria...foreign firms do more harm than good to our economy, if we can have 85%-70% local firms and investors and 25%-30% foreign firms, then our economy will sure soon be smiling at us.

I'm not moved because That's nothing compared to the amount Nigeria has lost to its own political leaders.. Mtchewww

....because of sentiment.

hezy4real01:
God have mecry u always read Nigeria loses Nigeria loses..... When will I start reading the opposite naw

People that re waiting for Downfall of Naija re many.
They will never carry good news about Naija.

EvilMetahuman:
Sensational dumb headline by stupid bloggers to make wailers wail even more. Because they only read headline or read but don't comprehend.

If coca cola decides to expand its operation in kenya, how does that affect nigeria exactly?

You mean coca cola should not expand its operation anywhere in africa again? Everything should just be nigeria?

Why is south africa or other big economy not crying about coke expanding its operation kenya?


Is coca cola moving out of nigeria or plans to move out of nigeria? Cos I don't get why bloggers like being mischievous, and why nairaland mods decide to indulge these bloggers?

The point is that the environment is no longer conducive to conduct business due wide range of factors which are obvious to everyone to see, even for a leading FMCG company like Coca-Cola. They halted production in their plant in Ilorin already and downsizing systematically in other places.
So imagine the contrast with the increased investment in their Kenyan market. This has nothing to do with poor reportage by a blogger. Our governments have simply failed on many fronts.

guccikhay:
Even if the conditions and policies are favorite, companies with always want to explore in opportunities to expand and spread their tentacle.

that is what many economics illeterates dont understand.
maybe they want Nigeria to sole investment destination of multinational companies in Africa forgetting that putting all your eggs in one basket is not a good idea.

Vado:


The point is that the environment is no longer conducive to conduct business due wide range of factors which are obvious to everyone to see, even for a leading FMCG company like Coca-Cola. They halted production in their plant in Ilorin already and downsizing systematically in other places.
So imagine the contrast with the increased investment in their Kenyan market. This has nothing to do with poor reportage by a blogger. Our governments have simply failed on many fronts.

the environment had been worse than this and they stayed and made profits. they have the capital base and support to make ptofit even in the most dispicable business environment. an example is that they only had to stop production and finally pull out of the terreble economy of Venezuela because of lack of sugar in the country talk less of nigeria

Jeezuzpick:
Coke?

No be to dey take our money dey buy diabetes?

If it was an automaker or silicon valley company like Compaq or HP now, I for cry small. Not companies that will produce what we will buy and they make profit and carry it away. Job creation nonetheless, I feel we need investors who can help us produce what will earn us FOREX.

Meanwhile, is there any part of the post that said the investment was meant for Nigeria but was diverted into Kenya?

The reporters cleverly wove a "story" by quoting an SA firm (like we need more of those) importing clothes into Nigeria (how they hope to compete against Aba, I have no idea) closing shop and crying sour grapes.

I can bet my bottom dollar that had nothing to do with Coca-cola investing in Kenya.

when will you create your own company that will earn (Nigeria) forex?

EvilMetahuman:
Sensational dumb headline by stupid bloggers to make wailers wail even more. Because they only read headline or read but don't comprehend.

If coca cola decides to expand its operation in kenya, how does that affect nigeria exactly?

You mean coca cola should not expand its operation anywhere in africa again? Everything should just be nigeria?

Why is south africa or other big economy not crying about coke expanding its operation kenya?


Is coca cola moving out of nigeria or plans to move out of nigeria? Cos I don't get why bloggers like being mischievous, and why nairaland mods decide to indulge these bloggers?

I was actually shocked. Nowhere in the post was it stayed that they chose Kenya instead of Nigeria for any reason.

I read it twice to be sure.

Bloggers sha

Vado:


The point is that the environment is no longer conducive to conduct business due wide range of factors which are obvious to everyone to see, even for a leading FMCG company like Coca-Cola. They halted production in their plant in Ilorin already and downsizing systematically in other places.
So imagine the contrast with the increased investment in their Kenyan market. This has nothing to do with poor reportage by a blogger. Our governments have simply failed on many fronts.

where is the proof that coca cola halted any operation in nigeria?
And downsizing due to recession is normal thing for every company. They employ again once economy activities improve.
That's how economy works.

Coca cola is not having any new line of product unknown to nigerians so why exactly should they focus on Nigerians at the moment?
Plus Coke already have its investment in every nooks and cranny of the country, what else do you want from them? Build more factories for the same product they already have in abundant all in the name of expansion?

Where is economic sense in that?

Cuteamigo1:

the environment had been worse than this and they stayed and made profits. they have the capital base and support to make ptofit even in the most dispicable business environment. an example is that they only had to stop production and finally pull out of the terreble economy of Venezuela because of lack of sugar in the country talk less of nigeria

Of course, they are capable of thriving in our unfavorable environment, but just because they have the might doesn't mean we shouldn't called the govt out for their ineffective actions and inactions. Not every company is capable of keeping its head above water in times like this. Coca-Cola turning their production plants to mere distribution outlets is a very sad one. It means more jobs cut. Not so cool, that's all.

See dem...dem dn go form one story gv us.say dem lose 90m$

Vado:


Of course, they are capable of thriving in our unfavorable environment, but just because they have the might doesn't mean we shouldn't called the govt out for their ineffective actions and inactions. Not every company is capable of keeping its head above water in times like this. Coca-Cola turning their production plants to mere distribution outlets is a very sad one. It means more jobs cut. Not so cool, that's all.

ofcores we need to fix all that but the topic here is misleading thats what am saying. people shouldnt make look like we are the only country in africa and once investment goes to another place we start shouting as if it is our birthright.

Nonetheless Nigeria has got the market and should woo Sabmiller and Pepsi to cover the vast soft drinks market.

yeyerolling:
restructing solves corruption, bribery, looting, inflation of contract, nepotism, tribalism abi. Mtcheeew

What your take ,should we stick to the sharing formula which has made the entire state so lazy and unproductive whereby corruption, bribery, nepotism, looting, tribalism and religion extremist is the order of the day.
With restructuring every region will have to sit up and be able to manage it resources for the good of it people.

Sall:


What your take ,should we stick to the sharing formula which has made the entire state so lazy and unproductive whereby corruption, bribery, nepotism, looting, tribalism and religion extremist is the order of the day.
With restructuring every region will have to sit up and be able to manage it resources for the good of it people.

restructuring is a gimmick and an attempt to shift attention from the real problems. it wud solve nothing.the same politicians and leaders wud still be in charge, the rich states wud hv more money to be looted the poor states will end up as failed states, even with the current sharing some still owe salaries. restructuring is a 2019 political gimmick, it solves nothing

EvilMetahuman:
Sensational dumb headline by stupid bloggers to make wailers wail even more. Because they only read headline or read but don't comprehend.

If coca cola decides to expand its operation in kenya, how does that affect nigeria exactly?

You mean coca cola should not expand its operation anywhere in africa again? Everything should just be nigeria?

Why is south africa or other big economy not crying about coke expanding its operation kenya?


Is coca cola moving out of nigeria or plans to move out of nigeria? Cos I don't get why bloggers like being mischievous, and why nairaland mods decide to indulge these bloggers?

I came to say the same thing. Kenya and Nigeria are different, largely unconnected markets. The investment in Kenya does not affect Nigeria.

yeyerolling:
restructing solves corruption, bribery, looting, inflation of contract, nepotism, tribalism abi. Mtcheeew

And if you have any obvious reasons why the country should not be restructured state it. Am pretty sure you are part of the status quo alas your support for free money .

Sall:
Nigeria is a failed state. Restructuring is the only way out of the mess we find ourselves.

junkie fly joor!.... all the current rulers need to go! restructuring n they r still the people in power..... irrelevant topic, WE R FVCKED! THAS ALL I KNOW

yeyerolling:
restructuring is a gimmick and an attempt to shift attention from the real problems. it wud solve nothing.the same politicians and leaders wud still be in charge, the rich states wud hv more money to be looted the poor states will end up as failed states, even with the current sharing some still owe salaries. restructuring is a 2019 political gimmick, it solves nothing

Nigeria is already a failed state . No road, no water, no light .our educational system is nothing to write home about , salaries are not been paid for months which has resulted into workers committing suicide each passing day despite the huge allocation they received. Inflation is on the rise , no work anywhere for the youth. Take a trip to the foreign embassies and see for yourself , how well do you defined a failed state.
If the future is not certain we should at least take a step backward.

userplainly:

junkie fly joor!.... all the current rulers need to go! restructuring n they r still the people in power..... irrelevant topic, WE R FVCKED! THAS ALL I KNOW

Fine, how do we send them packing ? For doing nothing you are a JUNKIE , yes I agreed we are fvrked.

Sall:


Nigeria is already a failed state . No road, no water, no light .our educational system is nothing to write home about , salaries are not been paid for months which has resulted into workers committing suicide each passing day despite the huge allocation they received. Inflation is on the rise , no work anywhere for the youth. Take a trip to the foreign embassies and see for yourself , how well do you defined a failed state.
If the future is not certain we should at least take a step backward.

solves nothing. politicians will use it to scam us in 2019

Jeezuzpick:
Coke?

No be to dey take our money dey buy diabetes?

If it was an automaker or silicon valley company like Compaq or HP now, I for cry small. Not companies that will produce what we will buy and they make profit and carry it away. Job creation nonetheless, I feel we need investors who can help us produce what will earn us FOREX.

Meanwhile, is there any part of the post that said the investment was meant for Nigeria but was diverted into Kenya?

The reporters cleverly wove a "story" by quoting an SA firm (like we need more of those) importing clothes into Nigeria (how they hope to compete against Aba, I have no idea) closing shop and crying sour grapes.

I can bet my bottom dollar that had nothing to do with Coca-cola investing in Kenya.

but its actually sad that most of you nigerians think you dont need a 90m dollar investment.that company will ingest 90m$ in the kenyan economy,create jobs since the company will need manpower,create roads and infrastructure....and also be a regional provider of cocacola in eastafrica.How in gods name you dont see this is beyond understanding...and yet you are all fleeing nigeria because of lack of jobs!

Carry ur sugar commot. Use investment come dash person type 2 diabetes

What is the prospect of a large population when purchasing power is on the steady decline ?

shervydman:
so bad.....that foreign investors are pulling away cos of minuscule reasons like 'dilapidated infrastructure'. like seriously, our infrastructural development is bad, I wonder how companies thrive in this country with our epileptic power supply , that one alone is a major setback.

I've lost count of companies that left the country with tail between their legs cos of 'ease of doing business' , we're 169th in the rank; far lower than many African countries . a company even said they're happy to lose money for a few years while they developed and opened new stores, but after opening new stores nko? they vamoose.

why God gave us oil is still a mystery to me, haba! to get "oyel" na curse? "oyel" came and our bunch of clueless leaders lost their senses.

industrialize the country, na wash. build infrastructure, na wash. give us stable electricity, na rocket science. ok, create a business-friendly environment, no gobe. which kyne wahala be this ntori oloun?

how ud dey expand here in nigeria when they've been facing huge competition by other Cola drinks in d market. infact, Coke almost lost d market to all ds new Cola drinks but thanks to thr financial buoyant to fight back.

why won't they lose it when they no get common light|power. imagine small Kenya...... in fact eh Nigeria I weep for you