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Multinational Companies Exit Nigeria Amid High Operating Cost - Politics (3) - Nairaland

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Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Xkonzult: 9:39am On Aug 26, 2023
benuejosh:
They should go and room will be created for our local companies to fill in the gap. Our local and infant industries need space for growth.

The only thing the government needs to do for our local and infant industries who have prospecs of growing big is to give them tax holidays.

A complete and complex full u are,the same business environment multinationals with capacity for tolerance is crying is wut u said local and infantry companies will stand by tax holiday
WUT IS TAX HOLIDAY)? Is it not when u even make profit that Govt has a right to tax...
No tax on zero revenue..

3 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by braine(m): 9:39am On Aug 26, 2023
Its corruption and lack of proper financial management that is killing the company.

Nigerians will wreck your business, if you're not careful.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by tctrills: 9:40am On Aug 26, 2023
benuejosh:
They should go and room will be created for our local companies to fill in the gap. Our local and infant industries need space for growth.

The only thing the government needs to do for our local and infant industries who have prospecs of growing big is to give them tax holidays.
Are you this unintelligent? If multinational corporations with their experience, access to funds and connections are becoming unprofitable, what would be the case for local industries with poor funding.
Why other countries are begging and praying from foreign capital injection, you are celebrating that the ones we have are leaving. Are you ok?

11 Likes 1 Share

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Boyjaco: 9:43am On Aug 26, 2023
Cash out now with your little profit or you enter serious debit
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Ferdinandu(m): 9:44am On Aug 26, 2023
dre11:


https://dailytrust.com/multinational-companies-exit-nigeria-amid-high-operating-cost/
That's Good news. The more they are leaving, the less the unemployment rate in Nigeria. The Magicians has taken over Nigeria

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by benqo01(m): 9:46am On Aug 26, 2023
They should all move out d business environment in Nigeria isn't conducive for them.

They need to breath a new environment with a working structure elsewhere.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by treesun: 9:46am On Aug 26, 2023
dre11:


https://dailytrust.com/multinational-companies-exit-nigeria-amid-high-operating-cost/

Dont mind them nobody is leaving, NBS says unemployment rate is 4.1%!

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Dreamhighnow(m): 9:47am On Aug 26, 2023
benuejosh:
They should go and room will be created for our local companies to fill in the gap. Our local and infant industries need space for growth.

The only thing the government needs to do for our local and infant industries who have prospecs of growing big is to give them tax holidays.

Where will the local company see money run the high cost of operation. I'm a biz man and nigerian who decided to leave Nigeria foe now. Mean it is not easy to even run on diesel everyday. U people should be fair in your comment. Not funny anymore

10 Likes 1 Share

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 9:47am On Aug 26, 2023
Onyema190:
I wonder how those people supporting this government feels like right now. How they sound when they support this APC government.
but,we are not wailing nah.y u dey cry for our headache.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Bfly: 9:50am On Aug 26, 2023
Any small talk, the FG will be murmuring attracting foreign investment. Yet we spend our own money on frivolity while we look down on our talents.
The government has turned Nigerians to full labour force for foreigners. The government tax them and the foreigners take the profit to their countries and pay us peanuts.

Presently only Nigerians can develop Nigeria.

4 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 9:51am On Aug 26, 2023
What is so special about the so called multinational corporations.how many of them offer pension based work.modern day slavery.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 9:53am On Aug 26, 2023
Bfly:
Any small talk, the FG will be murmuring attracting foreign investment. Yet we spend our own money on frivolity while we look down on our talents.
The government has turned Nigerians to full labour force for foreigners. The government tax them and the foreigner take the profit to their countries and pay us peanuts.

Presently only Nigerians can develop Nigeria.
u get sense bro.I think we should AV learnt from the COVID 19 outbreak.a lot of people fail to prepare.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by 007kjb: 9:53am On Aug 26, 2023
The kind of suffering that will visit NIGERIANS soon is not looking good

May God prosper me and my family in the midst of all things

NIGERIANS SHOULD LEARN HOW TO VOTE RIGHT OUR MUMU TOO MUCH

1 Like

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Alpharey: 9:54am On Aug 26, 2023
PUSSYHOE:
When things become too unbearable the poor will eat the rich.

Not in Nigeria oo. Even the poor will help catch a fellow poor man and hand him over to the rich to be eaten once the rich is paying as low as #30k.🤣🤣🤣. And such people plenty for Nairaland here. They know themselves.

4 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by pendragonbladgo(m): 9:55am On Aug 26, 2023
Let the companies go, we have indigenous companies that will function.....
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Alpharey: 9:57am On Aug 26, 2023
lolu2019:
but,we are not wailing nah.y u dey cry for our headache.

Zombie spotted. You are not expected to cry as you have no choice. Zombies don't cry or complain.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Akaegwu(m): 9:58am On Aug 26, 2023
Amen
Farki:
Some online miscreants who did not finish secondary school will come to say multinationals who have operated for decades don't understand Nigeria's business environment. grin

Misguided elements like the person above me think they local businesses will fill the gap as if the local business will gain raw materials, machines, fuel and rich customers from thin air to produce and sell to.

Everyone who helped keep this APC disaster in Aso Rock will not die well.

1 Like

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by a4cube: 9:58am On Aug 26, 2023
SenatePresdo:
It took Buhari 2 years to fail, but it took Tinubu only 2 months to fail.

The Fatality of Nigeria started the day Tinubu was sworn in.
Every policy he's made from that first day of swearing in has been failure back to back.
1 day not 2 months pls.

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Alpharey: 9:59am On Aug 26, 2023
tctrills:

Are you this unintelligent? If multinational corporations with their experience, access to funds and connections are becoming unprofitable, what would be the case for local industries with poor funding.
Why other countries are begging and praying from foreign capital injection, you are celebrating that the ones we have are leaving. Are you ok?
Agbadorians and economy. 🤣🤣🤣🤣. They know nothing rather than eating agbado and Ewedu as promised them by Tinubu

1 Like

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by GetSenseNow: 9:59am On Aug 26, 2023
benuejosh:
They should go and room will be created for our local companies to fill in the gap. Our local and infant industries need space for growth.

The only thing the government needs to do for our local and infant industries who have prospecs of growing big is to give them tax holidays.
You guys are really dumb, so very dumb

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Akaegwu(m): 9:59am On Aug 26, 2023
Fact
Alpharey:


Not in Nigeria oo. Even the poor will help catch a fellow poor man and hand him over to the rich to be eaten once the rich is paying as low as #30k.🤣🤣🤣. And such people plenty for Nairaland here. They know themselves.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Akaegwu(m): 10:02am On Aug 26, 2023
On point
Ferdinandu:
That's Good news. The more they are leaving, the less the unemployment rate in Nigeria. The Magicians has taken over Nigeria
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by tctrills: 10:02am On Aug 26, 2023
Alpharey:

Agbadorians and economy. 🤣🤣🤣🤣. They know nothing rather than eating agbado and Ewedu as promised them by Tinubu

These people scare me.

1 Like

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Alpharey: 10:02am On Aug 26, 2023
pendragonbladgo:
Let the companies go, we have indigenous companies that will function.....

Pls, where are they. Embezzlement won't let them.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 10:02am On Aug 26, 2023
Alpharey:


Zombie spotted. You are not expected to cry as you have no choice. Zombies don't cry or complain.
the problem with people like u is u don't learn.after COVID 19 outbreak,u r still waiting for the government to take care of u.dont take charge of ur life.continue to wait.
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Akaegwu(m): 10:03am On Aug 26, 2023
braine:
Its [s]corruption and lack of proper financial management that is killing the company[/s]
On weeds
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by BABAawoo47: 10:04am On Aug 26, 2023
benuejosh:
They should go and room will be created for our local companies to fill in the gap. Our local and infant industries need space for growth.

The only thing the government needs to do for our local and infant industries who have prospecs of growing big is to give them tax holidays.
don't say what you don't know. China's rise started when western companies flocked to there country, gradually they were transferring knowledge till china became a manufacturing machine. If western countries didn't set up factory, you think china won't still be the same poor country it was before? If you've worked in multinational, you will appreciate the exposure. Local companies wey dey work like farmers

4 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 10:04am On Aug 26, 2023
007kjb:
The kind of suffering that will visit NIGERIANS soon is not looking good

May God prosper me and my family in the midst of all things

NIGERIANS SHOULD LEARN HOW TO VOTE RIGHT OUR MUMU TOO MUCH
Fake prophet
Re: Multinational Companies Exit Nigeria Amid High Operating Cost by victorVIC1(m): 10:04am On Aug 26, 2023
lolu2019:
What is so special about the so called multinational corporations.how many of them offer pension based work.modern day slavery.

You have obviously not worked with an MNC before.

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by a4cube: 10:05am On Aug 26, 2023
squash47:


Since the multinational companies are leaving, it's an opportunity for us to start and grow our own companies. What do you think?
So if multinational did not leave you will not start your business? Which kind of backward thinking is that?

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by Akaegwu(m): 10:06am On Aug 26, 2023
Mindlog:
And rate of unemployment is falling? cheesy cheesy cheesy cheesy cheesy
it will soon reach 0%. Beggers are now employed. They beg more than one hour weekly

2 Likes

Re: Multinational Companies Exit Nigeria Amid High Operating Cost by lolu2019: 10:07am On Aug 26, 2023
victorVIC1:


You have obviously not worked with an MNC before.
are u sure.Exxonmobil nko.it is all contract based.

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