₦airaland Forum

Tareq1105:
Why Visa now after 13yrs of denying someone of Atikus status?

It's no doubt a political visa.

Your language and reason has now changed to political visa. Shame on all of you. Am sure your type has never sat for visa interview....If any of the world powers ban you on visa issues. You appeal once. If denied again, you can only try again after 10 years.

Who is laffing now?
Atiku stole
Atiku can't travel to US. Now he jets out to U.S.
Atiku did this, Atiku can't pay his tax. Atiku did that.next episode jor

What a lame reason to leave a church.

Will she resign her work in Abuja for instance because one of her bosses in same company in Ondo raped a WOMAN?

Abeg make she park.

Anyway Buhari must go

Lol

Bullhari is fine.

It's a nightmare that will become real soon

Oby Ezekwesili is attacking Atiku
Sowore is attacking Atiku
Durotoye is attacking Atiku
Kingsley Moghalu is also attacking Atiku

Is Atiku the President?
Why can't they face their common enemy which is Buhari!

They are all paid to do d dirty job and split our Votes in d south.

Oby Ezekwesili is attacking Atiku
Sowore is attacking Atiku
Durotoye is attacking Atiku
Kingsley Moghalu is also attacking Atiku

Is Atiku the President?
Why can't they face their common enemy which is Buhari!

They are all paid to do d dirty job and split our Votes in d south.

Sokoto and Kebbi have hadly been in the news for attacks or insurgency. But if this is true. The North is finished and the South should not think they are safe

Hmmm

The military should pay you for this article. That's if they read.

Very apt

Lol...APC is drowning

About a year after commissioning its largest Nigerian plant, Procter & Gamble (P&G) is set to shut the plant.

The leading FMCG (Fast-moving Consumer goods) is set to shut the production plant situated in Agbara Industrial Estate, Ogun State, PREMIUM TIMES can report.

The company expanded its footprint in Nigeria in June 2017 with the commissioning of the state of the art production line which reportedly cost the firm about $300 million to complete.

The plant is for its ‘Always’ and Pampers brand of sanitary pads and diapers.

Sources at the firm said about 120 workers are being laid off as part of the shut down with some of them already receiving their disengagement letters which is to commence next month.

“About 30 staff will be left who may either be outsourced or deployed to our only remaining plant in Nigeria,” a company source told PREMIUM TIMES.

The company, a multinational FCMG with stakes in about 180 countries of the world, is the producer of Always sanitary pad, Pampers, Ariel detergent, Oral B toothpaste, Gillete shaving stick, among other products in the Nigerian market.

The shutdown is coming barely a year after the production line was commissioned by Vice President Yemi Osinbajo and Governor Ibikunle Amosun of Ogun State.

A ‘delightful investment’

While speaking at the launch of the plant in June 2017, Mr Osinbajo had said that the Federal Government of Nigeria was delighted about the investment. According to him, “this investment is in tandem with the drive of the current administration for manufacturing companies to produce locally and invest in human capital development.”




The vice president also encouraged other FMCGs to emulate P&G by investing in all the areas of the country as it will aid the growth of the economy.

Similarly, Mr Amosun, the governor of Ogun State, commended P&G for locating the factory in Agbara, Ogun State.

“Ogun State is fast becoming a global destination for investment. We look forward to embracing innovations, initiatives and more companies willing to support the vision of the federal government through local production,” the governor had said.

But barely a year after the launch of the plant, the company has found it difficult to break even due to a myriad of factors.

Insiders familiar with the development told PREMIUM TIMES that the company is battling with the challenge posed by government policies that regulate importation of raw materials for its production. A source explained that the cost of importing raw materials was becoming unbearable for the company, which has refused to involve in shady deals in order to cheat the system and ease importation.

“It is so expensive to import these raw materials which are not produced in Nigeria. Other companies take the short cut by maneuvering the system, but we cannot,” a top official of the troubled firm disclosed.

Similarly, another factor said to be responsible for the shutdown was the unhealthy competition being faced by the company.

“Our competitors invested much less in their factory, can maneuver their way in the system, and thus produce and sell for much less.We cannot do that. Our investment in Agbara is arguably the largest single investment by a non-oil firm in Nigeria. But we just have to shut it. The loss is much,” the source said.

Another Plant Sold

Even before deciding to shut its plant in Agbara, P&G had also divested from another plant in Oluyole Estate, Ibadan, Oyo State.



The company has two production plants in the area, one of which was used to produce Vicks lemon plus and the other Ariel detergent.

That Vicks plant has been sold.

“We had to sell the lemon plus plant in Ibadan. It was not sustainable to continue to run it at a loss,” the source said.

A resident of Oluyole Estate told PREMIUM TIMES that one of the Ibadan plants, located along Seven-Up Road within Oluyole Estate, is still functioning while the other plant, which has now been confirmed to have been sold, has been moribund for a while.

The P&G source suggested that even the single remaining plant in Ibadan used to produce Ariel detergent is being reviewed.

“We are keeping it open for a while to see if we can sustain it,” the source said.

No Official Statement Yet

When PREMIUM TIMES reached out to the corporate communications desk of the company Tuesday morning, a staff of the desk who declined to make her name known quickly disconnected the telephone line immediately the questions about the shutdown were put to her.

But in a follow-up call by PREMIUM TIMES Tuesday afternoon, a customer care attendant of the company told our reporter that no such development had been communicated to the communications team. The staff, who simply identified herself as Peace, said she was not aware of the situation.

“The information about the plant being shut down has not come to our notice. We don’t have the information at hand,” she said. “So it means the plant is still running. But once we have the information that the plant is shutting down then we can disseminate. But for now we don’t have such information,” she said.

Another Sad Tale

The P&G plant was expected to contribute to Nigeria’s economic and social development through localization of its products.



Such plants were expected to make Nigeria a key export hub for Africa and create several jobs. They also contribute significantly to Nigeria’s non-oil revenue.

The shut down will not, howeverm be the first of such in Nigeria.

About 272 manufacturing plants were shut down across the country in 2016, according to the Manufacturers Association of Nigeria.

Nigeria slipped into recession in 2016, largely due to the ripple effects of dwindling oil revenue. The nation however exited recession in the second quarter of 2017 after oil prices improved, recording slow but consistent growth ever since. As a means of consolidating on its recovery, the government has said that it would focus on the non-oil sector to improve its revenue base and create jobs in the economy. The shut down of the P&G plant could mean the government needs to review its policies to ensure more manufacturers do not exit the country.

https://www.premiumtimesng.com/news/headlines/274899-exclusive-pg-to-shut-down-300-million-nigeria-production-plant-one-year-after-launch.html

Hmmm
I have seen wonders under heaven.

The poor will always tell the rich how best to invest their money.

The best response to critics is to keep succeeding

If running a church is easy, start one.

I can assure you that only less than 5 percent of Those who start churches succeed. 98 percent are I abject poverty.

If you think they mismanage money. Start. We will attend and see how far

Thank God

Where ever a crime is committed, God has a witness.

This is the only man that can tell the whole truth about what happened. The casualties and many more.

If not Igbo, whoelse

We must not keep quiet. People are dieing in the north east. Our Soldiers are retreating in fear.

While the mindless killing continue. See the media black out on reality.

It's unfortunate

What a threat.

There is no tribe as rigid and stubborn as the Igbos. You can't push them around.

You can play that card with those whose life and survival depends on the centre. Igbos will not vote Buhari. They showed that In 2015 when they didn't know Buhari not to talk of now they have suffered more in his regime.

Remember me SGF. The north has had the presidency since 2015. Has has the North become better than the east.

Taa gbafuo

Yea

This thing started like joke but Heaven was about to lift and change this guys life

Can you believe your eyes?

Indeed, No man is ugly. Just lack of money

We move from Zombie on line rants to reality of how Nigerians feel in the last 3 years.

Let's go

Something is not adding up with constant kidnapping of twins in Zamfara

It's becoming a useful venture for some evil men. If you have twin. Make sure they don't attend Same school or seen walking together

That man is wasting his time and money. Gburugburu will win.

Best Advice to Atiku and co

This man knows they will not return

Hmmmm

Oshe m Ole.

Meanwhile Buhari has chosen to look the other way

sureheaven:
Fayose .......... noise maker
Saraki ........... Armed robber
Atiku.......... Looter
Wike..........Thug
Jonathan........ Ineffectual Buffon.
Obi.......... Bigot
FFK.......... Drug addict


All of them will fail come 2019.

E pain am...wait for campaign to start. You go see chin chun chi

Buhari is going.

Meanwhile in another news.

The shop we call airport

Many people are not aware that Adams Oshiomole has many battles he is facing.


https://www.youtube.com/watch?v=QOlYdoTQ8KM

Nice one to Charles ogbu who amplified the man's case

Spot on