horsepower102:
The truth is that Nigeria’s only hope to attract FDI is their diaspora.

When the diaspora invest and succeed, it gives other foreign investors confidence to also invest.

This past election left a bitter taste and has drastically reduced diaspora remittances.

The only thing Nigeria can do is to elect a good transparent leader that will restructure and open up the economy while actively engaging the diaspora to come home to invest.

AbuTwins:
Wema Bank for example posted over 100% profit!

emmanuelbrown26:

I'm into d line so stop talking about what u know nothing about.

AgubataAkokwa:



If the shege no reach you, e go reach your relatives. You are just exposing your ewedu mentality in public. Bros pity your psych naa

God Bless MNK

Image123:


People who have NEVER heard the name "SANOFI" before will wail uncontrollably even than their employees just for political ejaculation.

emmanuelbrown26:

But ronu people has being protesting on d hardship na

Image123:


i don't know what you're talking about. Have a good day.

Treadway:
Lol.

I mean if Nigerian Breweries that has been largely and vastly profitable for decades even before I was born can now be posting billions of naira as losses no thanks to harsh business environment, insanely high operating costs/business overheads and the final nail in the coffin called naira devaluation, then that should tell you things are beyond f**ked.

Which is why I jus dey laff when my bro Sukkot is saying people shouldn't hold dollars. All these companies that are in trouble now are majorly in trouble because they did not hold their earnings in a stable currency. Any company that didn't convert their earnings/profit from last FY are already fu*ked by that singular move. Most have been outrightly liquidated and the effect is what we are seeing. Imagine making 5 billion in profit and holding that in naira only for it to be devalued losan kan oru Kan. Now it is time to buy materials for production and suddenly your whole profit of 5b is not enough to even buy what you would have bought for say 3b before. Before you'd have pocketed 2b for your hard work, but now you have no profit and don't even have enough money to buy the materials to continue production.

Same with individuals, just by holding naira you are f**king poorer by the minute. No be sere sere this thing wey dey unfold.

YouAreNobody:


Obi would never have plunged this country into this sort of quagmire as Tinubu is.

You claim Tinubu built Lagos but even you know Lagos was Nigeria's capital for 77 years, and was built by the British. It's just like Wike coming tomorrow to claim he built Abuja.

sukkot:
;Dlol Chief na temporary setback ooooo. When dem faya that refinery next month all ya USA dollars go turn to Zimbabwe dollars ooo 😄😄😄😄