₦airaland Forum

WriterNig:
👍🏻 Like for Russia Multipolar World, share for USA UniPolar World

See Putin's life. Not only has he got to lick Xi's boot, he also need to lick Kim's boot and kiss his arse well for decrepit ammo.

helinues:
Last resort

As APC employed you on non-pensionable commission you cannot understand what the article relates to or implies.

missjekyll:
How do you get somebody on the waiting list for a knee replacement into work? Untreated anxiety ? Depression?

Until they are treated, it's wishful thinking

As it is not an immigrant issue, the political parties would rather sweep this one aside.

The average brit has an exceptionally large taste for "living" the good life. Even Ukraine with missiles and bombs raining down on them every week does not have 1 in 5 out of job and not looking for work.

Many of the young ones have a very strong sense of entitlement and no stress....and it's not just about care sector. Check the big4 consulting firms, many of their recruits are immigrants or 2nd, 3rd generation immigrants. Any sector where long gruelling hours or challenging situations arise, many of the young brits will leave the chat room. The older ones tend to have a different attitude to work, but the younger ones, most businesses will go bankrupt hiring them. That is the inconvenient truth.

I have seen someone who spent several weeks sick and returned to put in a request to travel on holiday. Even when he was working, he always emphasised that he has back pain and so could not work for long hours at his desk even when he was home. He never shows any concern as to how the company manages to pay him even when he is working the bare minimum.

Putindbutt:
The best Presidential jets must always be on standby for the President's intinery. the embarrassment that happened in netherland a few weeks ago must never repeat itself. The most powerful President in africa must never again get stranded on foreign trips.

You smoke too much weed.

pansophist:
Propaganda.

The west have lost any shot at truth or legitimacy. I don't believe anything from that source, and their slaves like the poster.

this is a also propaganda? Even the government of Zambia confirmed a student was sent to the frontline for citizenship

https://edition.cnn.com/2023/01/25/africa/lemekani-nyirenda-buried-zambia-intl/index.html#:~:text=Lemekani%20Nathan%20Nyirenda%20died%20on,going%20to%20bury%20him%20now%E2%80%A6.

TonyeBarcanista:
Bro, at 60k minimum wage, cost of commodities will increase significantly, workers will be laid off, people will suffer. NLC is misguided

You are wrong for a number of reasons except the government has told a lie that:

- subsidy is removed and it is now enjoying massive savings from the removal of subsidy
- naira floating greatly increase government revenue.

If the above statements are true, then the government is just redistributing its massive windfall income and savings it has reap.

The government needs to restore the minimum wages to their original position in "real terms" which is important to keep living standard constant and increase disposable income (if any), allowing the domestic economy to be strong

[quote author=TonyeBarcanista post=130283697][/quote]

Lexusgs430:
O yes...... 🤣😁

so the current generation is not lazy, they have fewer opportunities .

Lexusgs430:
The importance of LTV....... When I purchased my family home 2005 vs loan to value in 2024........

Just close your eyes, remain consistent, be patient...... It's never a sprint, but a marathon.......🤣😂

looks like less than 5% deposit? was it possible to get 0% mortgage back then?

freemanq:
In just one year hahahahaha Apc top to bottom

the interesting thing is tinubu free floated the naira with the aim that government would make more money from crude sails.

and removed subsidy to ensure the money remains with the government.

so why the massive borrowing?

Nigeria is gradually being deindustrialised as a result of the economic instability.

Diaper and sanitary pad manufacturer, Kimberley Clark will soon announce an imminent shutdown of its Ikorodu production facility two years after investing $100 million in Nigeria.

Sources within the company informed Nairametrics that the plant has been producing below capacity from late 2023 into 2024 due to the harsh economic environment within the country.

In 2022, the company inaugurated a $100 million production facility in Ikorodu, Lagos state to restart operations after a similar closure of operations in 2019 following a strategic review of its business.

Kimberly-Clark began operations in Nigeria in 2012 but stopped due to unfavourable economic conditions after five years in 2019 to later restart in 2021.

The company produces Huggies diapers, sanitary pads, Kotex and other hygiene and personal care products. KC is a listed multinational on the New York Stock Exchange with the majority of its shares held by institutional investors like Blackrock Inc., Vanguard Group, Morgan Stanley etc.

According to the source who claimed anonymity, the company since late 2022 have battled with high energy costs, raw materials and reduced demand from customers due to the prevailing economic situation.

This has resulted in downsizing and reduced production time from every day of the week to just Mondays to Thursdays.

The company currently spends around N100 million on power generation monthly aside from maintenance costs and its monthly fixed spend on operations has risen over N500 million.

He said, “Our first two years were fantastic in terms of sales growth and market shares within the diaper industry. Fast forward into late 2022 and 2023 was really bad years for the coy due to economic situation.”

“Running cost is extremely on the high side. Our fixed spent on a monthly basis is above N500 million and we spent about N100 million on just gas consumption for powering the gas engine aside maintenance. The company has two assets and for last year, these assets didn’t run for like 90 days in 365 days.”

“Earlier this year, the coy had to downsize to 2 shifts from 4 shifts. We run 24hrs and 7days and 365 days before but currently we don’t run on Friday, Saturday and Sunday anymore because of the economic situation. There is already an embargo on external recruitment. The company is looking for ways to reduce cost since it is not making a profit.”

Furthermore, the source noted that the high production cost stems from the increased raw material cost since it is import-based.

At the initiation of operations about three years ago, the company set aside some money for operations which it estimated would last five years after which revenue from Nigeria could sustain the operations.

Another source with first hand knowledge of the matter informed Nairametrics that the company is unlikely to turn to import, like its rival Procter and Gamble, suggesting it will not be officially transacting in the country.

Exit from Nigeria
The planned closure of operations of Kimberly-Clark from Nigeria and the reasons provided are similar to those of other manufacturers who have exited the country in the past few years.

High production cost, currency depreciation affecting the import of raw materials, and weak purchasing power of the populace.

Last year, another U.S based company in the personal care business Procter and Gamble (P&G) closed production in Nigeria in a similar fashion having invested about $300 million (the single largest non-oil investment by a U.S company in Nigeria) in a production facility in Ibadan.

Similarly, PZ Cussons stated last month that it is evaluating strategic options for its Africa business for which Nigeria is the biggest and thinking of ways to maximise shareholder value. The company has also restarted asset disposal in Nigeria after a halt due to forex liquidity issues.

The baby diaper industry in Nigeria is estimated at $920 million with a CAGR of about 11% between 2024 and 2028 according to Statista. Leaders in the industry include; Pampers produced by P&G, Molfix, and Kimberly-Clark’s Huggies. However, it is a hugely competitive industry with about 15 brands competing for market share.

What this means
The planned closure of production in Kimberly-Clark’s facility in Nigeria is a huge blow to the federal government’s drive to attract foreign direct investment into the country and mirrors the challenges faced by players in the real economy.

Furthermore, the closure of operations means that two of the three leaders in the diaper and personal care industry in Nigeria (P&G and Kimberly-Clark) have ended production in the last one year.

Like GSK, P&G transitioned to an import-based business model, if KC tows the same line, it could exacerbate the cost of diapers and sanitary materials for babies and households following significant depreciation of the Naira and further increase the country’s imports at a time when the drive for local production is high.

https://nairametrics.com/2024/05/30/discos-face-billions-in-losses-as-manufacturers-insist-on-paying-old-tariffs/

Jamesclooney:
Hi all, please anyone know if it’s possible for someone on a visitors visa can switch to a dependent visa. So scenario being:
- the person had a 2yr UK visitor visa,
- got married in Nigeria to a Nigerian with skilled worker visa,
then travelled to UK on their own with visitors visa.
But rather than return to Nigeria and apply for dependent visa, they’ll like to switch while in the Uk. I’ve google and I’m seeing conflicting results. Clarity needed. Thanks

switching should be possible but I think you have to apply from outside the country

kumbhuru:
Lmao, imagine. This is actually sad that you aren't all being helpful, I need to get a Ghanaian forum, as they're more reliable and helpful. Mind you, Anything below Band 5 doesn't qualify for sponsorship jokes on you. I'm a specialist nurse coming in to NHS with a band you won't be able to get in 5 years.

let your neck rest. With your head getting so big, your neck may struggle to carry it in the near future

toughest007:
This is exactly the fear the propaganda by the US/West is meant to achieve!!!

Now, let me ask you... who is most likely and certain to invade an independent nation, the US or Russia? Base your answer on statistics and the current subtle regional instability.

This is not propaganda.

Even days to the invasion, Putin was openly denying it and claiming it was just a training exercise on the borders of Ukraine, so putin denying they will invade Poland is not evidence they would not if they have the chance.

Putin has annexed 25% of Georgia also, is it also because they seek to join NATO?

Reality is putin has been trying to recreate the soviet union by annexing countries around it , it has been annexing bits and pieces of ukraine since 2014.

It is sheer ignorance to think NATO is the reason putin is invading ukraine.

In reality, it is because Ukraine failed to move towards NATO when the likes of Latvia, Lithuania, Poland and Estonia did. That left Ukraine exposed and at the mercy of Russia's expansionist ideas which Putin espouses. If the full annexation of Ukraine had gone as Putin hope, Kazakhstan would likely have been next as much of the Soviet Union's nuclear and space programmes were based there.

Ukraine was valuable because crimea was the only warm water Sea port the russian navy had access to. Many of the gas pipeline to Europe also pass through Ukraine, which gave Russia concern that losing Ukraine means it would lose Europe's energy market. Unfortunately for ukraine, after the collapse of the soviet Union, rather than move westward like the rest of the baltic states , it remained in Moscow's control even leasing the naval base in Crimea and pipelines to Moscow. Also it continued to use Soviet spec equipment making it dependent on Russia and

Kazakhstan knows this and has been transitioning from Soviet-grade military equipment to Chinese and NATO grade equipment to give it the chance of resisting an invasion if it happens

It was Hitler's expansionist ideas that started WW2, Putin is simply replaying this script with the hope that the fear of nuclear warfare would keep the major powers from challenging it openly.

Zxcvbnmghtr:
While over 120% new ones have sprang up. Same with detergents, stationary and many more. Competition by younger generation of business minds have chased out the older ones who are very much monopoly inclined. If you know anybody who is into provision business you will see this very clearly. Even shoes are made in every corner of Nigeria.

this one just took his fermented agbado this morning

Who would have imagined that even at almost N1K a litre , Nigerians would still have to queue for fuel?

APC showed Nigerians shege

KingRex1:
It's simple. Oil marketers aren't buying much cus Dangote will soon flood the market with supplies at lower rate.

Current price is below international rate, so Dangote will not be supplying the market until prices go up.

I think the government is trying to get the local price of fuel up to international prices so Dangote can supply the local market.

Dangote will not supply the local market at a loss

Houseontherock1:
We all know what he's being punished for is not the naira. I hope this makes his accusers happy, I hope their offended morality is finally satiated

Portable apologized for the same offence,no wahala. Cubana chief priest will be fined for the same offence, no problems. Selective justice will always be an insult to justice everywhere

What many dont realise is practice like this weakens the laws and normalises selctive justice in the Nigerian society

080bjaked:
Office365 web version is free I believe. You can use that instead.

Libre office.

It is free, but you may need to relearn some functions as it slightly differs from microsoft office.

But that is what I use on my personal laptop.

Never paid microsoft subscription while in Nigeria, it is hard to start paying here

bosslady101:
Follow up regarding this matter:

I reached out to our banks and thankfully, his account got restricted. Having being notified of this, Mozino then unblocked me and started begging me to withdraw my fraud allegations against him, that he would pay me back my money.

I was reluctant at first but then after many hours of begging and convincing, i decided to forgive him and informed our banks to release his Account. I even deleted his posts and pictures, promising to do it again if he didn’t pay me back. He was supposed to pay me back yesterday according to our agreement, but now he has blocked me again.

Because of this, I am republishing all my posts and pleading with you all to report him wherever you see him, thank you


This guy is a good for nothing fraudster and his actions have only proven so.

I shake my head in disbelief.

What kind of stupid mercy did you extend. He did not remedy his action and yet you asked to unblock him based on his "words".

Was it not same words that got you into this situation?
Good luck.

Schoolhike:
Does anyone know of there is any gov regulations or policy in switching visa.

Most employer do says they normally sponsor 3 months to the expiration of visa.

all effort to find this information on gov.uk prove futile.

I don't think so, but some employers will prefer to defer expenses as far back as possible

adekzy:
I never mentioned any tribe in my post, so stop trying to claim any unnecessary victimisation and cutting deep nonsense.

GEJ sold oil 🛢 at over $100/barrel, with excess crude oil account, yet Baba still borrow to pay salaries for months, so what is there to learn?

They all belong to the same category and i am not holding brief for any of them.

Oga please take this your discussion to the jokes or politics section. Let us have room to discuss thing more beneficial.

T for thanks

People like and freestuffng comes to mind.

For the former, spent 8 years of his life defending the last failure of a president and is hopeful for another 4 years of 30k propaganda comes to mind

heroshark:
How you do manage to live with all this bigotry in your heart?
You use a discriminatory statement to refer to an entire geographical regional of a country. If na Oyibo man make this kind statement about your race, you go cry racism tire!

Omo our journey is still far as a society!

When we advised the guy to go to Iran or Saudi if he dislikes the west so much, someone said it was a racist comment, no minding the guy sef na racist

post=128224278:
GOD BLESS NIGERIA 🇳🇬



We will get there pretty soon ......

Meanwhile,
Dearest Sane Nairaland members,
Sisi Yewande and Madam Ngo on behalf of All of us at MANNABBQGRlLLS are checking on you.

Times are hard
It is for the best future for us all.
No pain No Gain.
Guide your mental health.
Cut down on excesses and frivolity.
Keep joining us to pray for a better Nigeria 🇳🇬.
Slow and Steady we will get to the nation flowing with milk and honey.
A country of our dreams.
God bless you all.
God bless Nigeria 🇳🇬 🇳🇬 🇳🇬

We Love You all ❤️ 😍 💖


Addendum : Enemies of Nigeria, (No matter the part of the country you came from)
Skip this comment, it ain't for you.
Check the first line to see who it was addressed to.
If you do otherwise and quote to be negative or curse sane people here you will be miserable for life.
#No be curse,
Na FACT.
Thanks and Cheers.

Mumu guy you're still here capping rubbish

Bintasukai:
Since he is a dunce, can you show us that you are not a dunce by giving us the answer to your own question. Because based on what you said up there you don’t know how Jonathan did it. In fact it does seem like the only thing you know is the word dunce.


Now, take a look at yourself, you are wearing imported clothes, even as you are aware there are local alternatives. What have you exported to bring dollar into the country? If you don’t know how the process works, I implore you to educate yourself before you get embarrassed with knowledge online.

Keep replying me with alternate monikers.

Paid dunce

favor914:
Oblivious Thing, your suffer never start.

what makes you think I'm affected by anything in Nigeria. Can only affect me sentimentally.

You're a paid dunce, prove me wrong

favor914:
Stabilize the Naira How? You produce nothing, you want The Federal Government to be subsidizing foreign exchange for you lazy people?

Go and find something to export, one question, how much forex did your state & Local Government make last year from exportation of commodities based on their comparative advantages?

Another paid dunce. How did pdp manage to keep it stable. Did Obj and GEJ have 10 heads? Or was it uganda they were governing.

Justify rubbish

JagabanB:
My cousin is a medical doctor in England, my close friend works in a firm in Canada, my friend whom we schooled together in secondary school is in Canada, can't remember what he read in Kogi, my friend whom I knew from ABU is also in Canada, none of them are doing the cleaning job, that is to say they do better jobs, guess what, none of can afford to own a house in Canada, many many workers in Nigeria own houses, none of them own a car, many many workers in Nigeria own cars not a car.
Many of u Iive in f00Is paradise in ur head that's why u end up as cleaners and come online to console urselves for feeling ûñfortûnate.

You must be taking premium weed. A country where you can pick a car with 0% or 5% deposit for houses.

Bring the statistics that shows higher % of nigerians own cars and house than people in any western country. Notwithstanding that many are driving cars produce 20 years ago and houses that may only qualify as poulty farms in some other countries

Throwback:
Worse than Emefiele?

Who despite not floating the Naira, still managed to move us from N160 to N750 to a dollar?

About 500% devaluation.

Naira has been floated.

The government is not interested in defending the exchange rate with scarce dollars.

If you study maths well, you should know that at the rate Tinubu is going it can very easily be extrapolated to see he will do more than 500% in 8 years if he can do this much in less than 1 year

Be justifying rubbish there