₦airaland Forum

LegendHero:
Politicians playing their game.

The guy is learning the tricks early.

sycophant Rest.

Top boy Chris my good friend have abandoned Nyesom Wike 😭😭😭😭😭🤣🤣🤣🤣🤣🤣


‘Wike leads, we follow’ don leave Wike follow Sim.

Life tough.

First frame: When Wike was Governor
Second Frame: Now

Yo niggas! Brace yourself up for the era of Napkins and pieces because so many family won't be able to afford to buy pampers..

It's going to be worse than Abacha regime

Consumer goods giant Procter & Gamble has stated it plans to dissolve on-ground operations in Nigeria and turn its country into an import market.

The Chief Financial Officer of the group Andre Schulten stated this during his presentation at the Morgan Stanley Global Consumer & Retail Conference.

The company explained that it is difficult to do business in Nigeria as a dollar-denominated organisation and the macroeconomic reality in Nigeria is responsible for its latest strategic decision.

What the company said
Mr Schulten stated, “The other reality that arises in some of these markets is that it gets increasingly difficult to operate and create U.S dollar value. So when you think about places like Nigeria and Argentina, it is difficult for us to operate because of the macroeconomic environment.”

“So with that in mind, we are announcing a restructuring program with the intent to adjust operating model and adjust the portfolio to ensure that we maintain the portfolio discipline that has brought us to this point. The restructuring program will largely focus on Nigeria and Argentina. We’ve announced that we will turn Nigeria into an import-only market, effectively dissolving our footprint on the ground in Nigeria and reverting to an import-only model”

It further explained that the decision will help the company focus on markets that have the highest potential.

Reacting to questions bothering on the effect of the company’s planned restructuring in Nigeria and Argentina on its overall group’s portfolio, the CFO explained that Nigeria is a $50 million net sales business.

Compared to its overall portfolio worth $85 billion, the company does not anticipate any material impact on the group’s balance sheet from a sales or profitability standpoint.

Backstory
The current macroeconomic conditions in Nigeria have negatively affected foreign USD-denominated companies in Nigeria. In August, drug maker GSK announced it’s ceasing operations in Nigeria and appointing a third party to take over distributions.

These companies have often cited difficulty in sending back U.S. dollars outside Nigeria. The Central Bank has acknowledged it has a forex backlog to the tune of around $7 billion

News continues after this ad


https://nairametrics.com/2023/12/06/pg-to-dissolve-ground-operations-in-nigeria-revert-to-an-import-only-business-model/

Seunmsg FreestuffNG LeoDeking Yarimo howfa?

Any renewed Hope ?

ILoveNG:
Olodo

The government will sponsor those that needed to be sponsored, and providing you with the list won’t stop you from crying anyway.

Like your dull Agulu presidential candidate, you didn’t know that the names of the 1411 individuals published are the names of individuals from Nigeria who were registered to attend the summit, not all attended actually and that is true of other countries too.

What do we expect from Obi and his headless mob anyway? 🤡

From how can the Government send 1411 Delegates to not all of them attended.

Ogbeni stand one place

Seunmsg how market ?

Is the 1411 delegates still a social media something by "IPOBidents"?

Philistine:
Igbos are always trying to show how superior they are to other tribes, these are signs of low self esteem

Na Igbo man write the memorandum ni?

What's you guys problem mbok

Plaindealer has abandoned his darling daddy Tinubu to suck the balls of Ikpeazu😂😂.

True True failure no get friend. No more propaganda to push their failure President 😂😂

yarimo:
Illiterate Obidients creating senseless thread all over the place because of free bonus data

They Don land.

As a business owner, you arrange an interview to select a new CEO for your business, but end up employing a candidate with no capacity for the role - 'cause of base sentiments, & now you're hounding the qualified candidate you rejected to come sit with you in strategy sessions and share his vision/plans for the enterprise and also proffer solutions to the problems crippling your organization's growth/progress??

Imagine people that booted out GEJ are now calling for ideas from opposition leaders😂😂

This is the funniest thing I have read on the internet 😂.

You want someone you refused to give a job to contribute to the success of your fav😂. Tribalism is evil!!

Lyin Aboyeji is the co founder of Flutterwave.

The reality is Peter Obi is an opposition leader. He has a job in this government paid or not. He has HoR and Senators, Govs and SHA members who he leads. He has a responsibility to citizens too - especially those who voted him. So if I am saying he should flesh out his ideas of how he would handle things differently it is because that is just how our democracy works. You can be angry about it but it’s still the truth

Iaboyeji

helinues:
May when we are in November

Yeepsy

Lmao thought the ban would reset your thinking.

Lmao. Once a zonb, always a zonb😂

oyebanji44:
Examination malpractice is the order of the day in south east...

Pained ass. No go jump from 3mb

Omo x10

In Obodo Hall, Umuanu Ward, Amaigbo, Nwangele LGA, Imo State

INEC Accredited Voters : 46

INEC fabricated results : APC 273

Now go to court 😂😂

Imagine an over 50 year old man behaving like a kid and bantering with mostly University students in the name of forming Savage.

If na my father be am, Godforbid, I for don disown am.

Such a nuisance.

God may we not behave like kids, just to feed

igwebuike01:
E full everywhere Mr man. Especially Aba

Catapult where are you?

Have you ran away?

Ezigbote Ewuuu

EmperorCaesar:
Is that the point?

We are talking about condemning a barbaric act that took place in your region as recent as 2023

Cant imagine people still do that shit...You guys are still living in 1820

Or u think there's anything civilized about that dumb act?

Shurrup. Ruling party behaving like Opposition.

Even Your Tinubu left the killings in Nigeria and condoled with Canada Embassy. Close that trash you call mawt.

Hypocrite

tsdarkside:
you waited soo long to say something....??
you cute sha....i forgive you....
or else na better bashins you would receive this morning....

Shurrup and learn

iyatrustee:
Their salaries are paid directly from the Federal government right? Then what do they use the monies generated for?

Instead of collecting a %, I'll rather the govt allows the to pay their salaries from whatever is generated. It will automatically block all the loopholes.

So na Salary University dey take run their affairs?

Do you know how much it costs to power generators for students to use and read at night?

Abii una no dey use generator for your side?

kk2027:
Since Datti said what he said, my brothers never see liver to attack him

Now they're hiding under Rufai's comment to attack Datti

Imagine if na Obi by now, chai

Exactly.

They are now going through the corners.

Omoh I fear this Agbadorians. They are expert in divide and rule politics

obawinner:
South South understands political alliances more, they have the potential of South south VIce president in 2031 and subsequent presidential nominee when power returns back to South. They know this, they have strategically placed themselves in the current dispensation, I don't think they would nzobu nzobu(ruin) their chance in 2027.

Says someone in Ile Ife😂😂.

Come to Rivers State and any SS state and say this nonsense.

Shebi you saw how Youths trooped out in support of Fubara, just to pepper Wike 😂😂. Abii na your darling Asari Dokubo😂😂

Dey play.

alanto:
You don't get the point....
Your king's palace and it's surrounding looks like a new site under a developer while Ife's palace was built around an old settlement.

First look at the architecture of the palace, it looks like an arena, it's not African like, I may be wrong but I've never see an African palace built with a studium like compound for events, it's foreign and recent. The Ooni's palace was built in 1934 and those surrounding buildings are as old as the palace. That's an area I'm conversant with. If you want to see the type of houses around your king's palace in Ile Ife you'll have to go to new developing area, but you see the whole of Oduduwa, Ilare, Gbelenkan, Akui, Arubidi and the areas surrounding the Ooni palace were all built when there was no bicycle, those places will need complete overhauling before people will start building new houses there, I see you people scream brown roof and laugh at your ignorance. You want to build a mansion inside Agbole? How will you drive down to the house. You will have to buy houses to make a road for your car to pass, matter of fact you can't get a full plot of land in those areas without buying at least two houses or even 3 to 4. Those places were built before the arrival of the white people. You sef look the picture you uploaded closely; do you see any road access even for a bicyle between thos houses? I don't really understand how you can compare Onitsha with Ile Ife. Ile Ife is historical and significant in Africa and the world as whole. You cant say the same of Onitsha or Anambra.

Explanation 😂😂.

See brown roof everywhere.

Doesn't that deface the environment?

Omoawoke2:
Why can’t they use same rollers and skating boards to sell gala in Lagos traffic
I think they are underutilizing their technology

Your people are protesting cus of hunger back to back from Ondo to Ogun.

That one no concern you.

yarimo:
ALEX OTTI defrauded diamond bank as MD and now he is busy mapping out how to defraud ABIA STATE. OTTI is a disgrace to good governernce

Mynd44, nlfpmod is this what this forum has turned into and people go Scot free?

Bragalane:
I laugh at fools like you. So he should not air his opinion because it doesn't support Pandora. Obi.

So why attacking his own opinion?

You be hypocrite?

Pakute:
That Agulu fraud also wanted to maintain his structure but Obiano destroyed it and kicked him out. so, no dey come here to dey talk like a saint.

This obsession with Obi is now turning you to a psychopath.

The news is Wike, Rivers and PDP Governors.

Stick to it Rice Bandit