Racoon:
The destructive APC government is just wasting Nigerian lean resources on a useless jamboree of going to attract foreign investors or investment. Provide the right environment and see investors pursuing you .

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.
EWU mea


Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

santaclaws:
They can leave. Their main reason is reduced sales according to them and Nigeria is just leaving a recession, coupled with our fight against inflation. They're not the only ones who experienced a plunge in sales, a lot of Nigerians were forced to cut down on their expenditure and it affected businesses.

This is why the govt must support indigenous businesses cos all these foreign businesses have no real stake in the country. Once they can't maximise profit, they jet out. Only local businesses can bear with the country through hard times, just like BUA cement & Air Peace...

Winnin009:



Local has taken over! Why buy morning fresh when I can buy mama lemon?!

More will still leave! Great news for local producers and raw materials retailers.

santaclaws:


Did you even go through the post? Get a hold of your emotions and stop acting like a baby crying for breastmilk!

Their reason for leaving has more to do with low sales, not any unique economic disadvantage. Same low sales affected Igbo, Yoruba and Hausa businesses in Nigeria, nothing new. So what should the government do for them to increase their profits? Should the government patronize them so they can stay or what? Or we should start begging them on social media, cos you claim to reason but you don't know what you're writing.

Rybnyk:


Stop with this! The so called local companies that you said will replace pz will also face high production costs. Do you think they are leaving because they are going on vacation? Unless we address the issues that make companies close shop in Nigeria,things won't change. Power inadequacy, economic policies also affects the local companies as well. And the local soap manufacturers have to work really hard to come up with a standard product like morning fresh. Maybe mama lemon can try and compete. And that one is becoming scarce in stores. There is a reason...

Bubu4Sea:
Ebola thinks that running a successful drug cartel is the same as running a successful country.

There are no national agberos, no national thugs.

nams77:

Low sales was as a result of the fall in purchasing power of the populace occasioned by bad economic policies. Make Una go school Una say no.

OmihaniFARH:
This one never do one year for office multinationals don dey leave the country. Nah wa o

Blaze14k:
May God help nigeria. This situation is really affecting everyone I just hope this government don't put us in a deep mess

Zxcvbnmghtr:


It is you and your family that move moved from bad to worse.

santaclaws:
They can leave. Their main reason is reduced sales according to them and Nigeria is just leaving a recession, coupled with our fight against inflation. They're not the only ones who experienced a plunge in sales, a lot of Nigerians were forced to cut down on their expenditure and it affected businesses.

This is why the govt must support indigenous businesses cos all these foreign businesses have no real stake in the country. Once they can't maximise profit, they jet out. Only local businesses can bear with the country through hard times, just like BUA cement & Air Peace...

MICHEALADEX:



Close your mouth

Those 100+ years there were no competition as it is today.

There are 100+ alternative to every of their products since many company are now make every thing they do

So if they cant compete anymore let the get their nonsense of the continent

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.

Oblitz:


You go explain taya
Do research taya.
Explain

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.

Reflect7:



Thanks for educating these ignorant people.

Exit of multinationals making something as simple as SOAP is EXCELLENT NEWS for local industrialists.

tivta:
Hmm

As if they can bring forex in the country with their unprofessional set up

chieveboy:
The rise of numerous Nigerian companies with better or competing products contributed to the sales plunge.

Many women now produce soaps from their backyard.

This is not bad at all.



Yes I did. They will go look for available local or even international companies to render their services to or setup small-scale factories to that effect, which was how PZ itself started.

Nothing is lost from the macro viewpoint.