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10 Companies That Shutdown Over Worsening Economy - Politics (6) - Nairaland

Nairaland ForumNairaland GeneralPolitics10 Companies That Shutdown Over Worsening Economy (59359 Views)

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Re: 10 Companies That Shutdown Over Worsening Economy by gtassure: 3:54am On Oct 24, 2023
Yankiss:
Read your comment again. Bad management on the companies' side because the economy is so friendly, naira plunging to hellfire and costs of living soaring? We cannot look at issues without sentiments. Luckily everyone is in for it, the sighted and the deliberately blind. We only pray God gives the present leadership the foresight and masses friendliness we most needed. Nothing has really changed. It's worsening.
The focus on forex in this country is our undoing! These companies deserve to fall because they never contribute to their own success!
See a company operating in Nigeria for 60, 30 years yet, they source all their raw materials from outside the country, depending on artificially supported naira! Which other global companies does that!
They were never interested in developing local content and Nigeria economy. They only want to make profit and repatriate it to their base!
Re: 10 Companies That Shutdown Over Worsening Economy by COMPAQ(m): 5:39am On Oct 24, 2023
Okiton:
Worst to come if God don't interven for us through the supreme court
Not convinced Obi can do much better really. Maybe he would be a more prudent person cost wise, but Nigeria needs way more than that right now.
Re: 10 Companies That Shutdown Over Worsening Economy by CodeTemplar: 5:52am On Oct 24, 2023
SoNature:
Source: https://businessday.ng/business-economy/article/ten-companies-that-shutdown-over-worsening-economy/
Southern companies. No northerner lacks forex. Full throttle colonialism under Fulani.
Re: 10 Companies That Shutdown Over Worsening Economy by seguno2: 6:02am On Oct 24, 2023
ShoeGetSize:
Sanusi is not a poor man. He can take care of the children produced by his polygamy.

It is those street beggars and laborers who have several wives and multiple children who are raising the next Boko Haram recruits.
Do as I say and not do as I do is the stuff of hypocrites like Sanusi.

Leadership is not by talking. It is by exemplary doing.

By the way is Sanusi not one of those responsible for the enduring extreme poverty of the street beggars and labourers, being an integral part of the bamubamu layo okanlawon lone star one eyed king of blind people?

A rat swallowed a diamond and the owner of the diamond contracted a man to kill the rat.

When the rat hunter arrived to kill the rat there were more than a thousand rats bunched up and one sitting by itself away from the pack. He killed the one by itself and that was the exact one that had swallowed the diamond ♦️ 💎 .

The amazed owner of the diamond asked: How did you know it was that rat?

He responded: "Very easy
When idiots get rich they don't mix with others!!!"
Re: 10 Companies That Shutdown Over Worsening Economy by seguno2: 6:04am On Oct 24, 2023
COMPAQ:
Not convinced Obi can do much better really. Maybe he would be a more prudent person cost wise, but Nigeria needs way more than that right now.
Absolutely correct.
Just pretending to be a prudent person while hiding money from the taxman in Pandora Papers won’t be enough.
Re: 10 Companies That Shutdown Over Worsening Economy by KORLAR(m): 6:07am On Oct 24, 2023
Shikini:
The suffering is too much. Unfortunately, the people benefitting from the system don't care.

If the military can get Nigeria working again, pls let them rescue this country.
.
Don’t be naive.
It’s obvious you’ve not experienced military rule nor heard about it.
Re: 10 Companies That Shutdown Over Worsening Economy by lexy2014: 6:08am On Oct 24, 2023
Ikaeniyan0:
This is not the first time companies will close down because of the economy in Nigeria. Companies also closed down under Obasanjo.

Tinubu will eventually pull Nigeria out of this mess
What mess is Tinubu pulling Nigeria out of?

Who put nigeria in the mess?
Re: 10 Companies That Shutdown Over Worsening Economy by BALLOSKI: 6:12am On Oct 24, 2023
Sad situation!

We just need to solve the problem of power, fix steel industry and insecurity for our economy to bounce back.
Re: 10 Companies That Shutdown Over Worsening Economy by Ikaeniyan0: 6:42am On Oct 24, 2023
Ifogift007:
Foolish Man
Do you think am your father?
Re: 10 Companies That Shutdown Over Worsening Economy by Bigkoko: 6:48am On Oct 24, 2023
Avoid BAT ~ "Buhari and Tinubu" by all means, una say no. Una say una go teach Igbo people political lesson, kwo? grin grin grin grin grin grin grin grin This na the genesis. 70% of the naira is going off. If you have small space or land, better go plant small garden for your daily intake of veggies. Because very soon you will need more naira to purchase even the most cheapest veggies. Ndi ara!


SoNature:
Source: https://businessday.ng/business-economy/article/ten-companies-that-shutdown-over-worsening-economy/
Re: 10 Companies That Shutdown Over Worsening Economy by IJEYdiamond(f): 6:51am On Oct 24, 2023
SoNature:
APC (Buhari and Tinubu) came to kill, gaslight and destroy Nigerians.
Devilish evil... those old idiots even in supreme court dt support the fake certificate....and stolen mandate and that have collected bride... all those involved... God will answer u people.


Sorry to lawyers and law school and San.....
Education...Sorry!!

These are the useless things that need respect...

Devil will punish any idiot in fed State and private.. that will ask The Nigerian people for 10yeras 5 years experience.


God will answer all of una..... judgement dey wait u all...!!
Re: 10 Companies That Shutdown Over Worsening Economy by LZAA: 7:22am On Oct 24, 2023
Chuzoetoh:
What baffles me most is how many will still see n read all these n be blindly supporting people that has drained us n kept many masses in penury, abi these sufferings isn't all of us that are feeling the heat? I think we Nigerians deserve whatever shit we're seeing cos we don't learn from experience n history at all
You are talking to people who would cut off their nose to spite their face😄😄
To them they are doing eluu p😄
Re: 10 Companies That Shutdown Over Worsening Economy by Ikaeniyan0: 7:52am On Oct 24, 2023
Generalyemi:
What is the secret..what does it it take to be as foolish as you
Go and ask your mother at home
Re: 10 Companies That Shutdown Over Worsening Economy by Antiurchins: 7:55am On Oct 24, 2023
Raskimonojendor:
You are right. I had to go and verify.

Under OBJ and Yar'Adua:
so what should we do about it....

suffer head like you ...you and
urinating machine in asorock.



30k mIscreant
Re: 10 Companies That Shutdown Over Worsening Economy by JuanDeDios: 8:04am On Oct 24, 2023
Vision101:
@JuanDeDios
Wait, Tower Aluminium was shut down? Ha!


@me
Tower aluminum has not left Nigeria. Tower and first aluminum shutdown their rolling mills because of uncontrolled importation of cheap and substandard Chinese aluminum products.

Presently what they do is to import flat sheets and coat. In addition, they import cheap Asian aluminum products. They are still around.
That's sad.
Re: 10 Companies That Shutdown Over Worsening Economy by Allisgud: 8:12am On Oct 24, 2023
I wonder if the idiot thinks foreign investors he is wooing to come and invest in the country don't have sense
Re: 10 Companies That Shutdown Over Worsening Economy by NiceUpper: 9:19am On Oct 24, 2023
Is it not sad to realize that all these companies closed up during APC-led government? That is to show you what the economy, of Nigeria has been since the take over of APC in 2015. Too bad to know these companies are no longer anywhere in Nigeria.
Re: 10 Companies That Shutdown Over Worsening Economy by maryscotland: 9:26am On Oct 24, 2023
Louis Cartar was one of d best, they provided water for the community. I will really miss d company
Re: 10 Companies That Shutdown Over Worsening Economy by villagereporter(m): 10:00am On Oct 24, 2023
Ikaeniyan0:
This is not the first time companies will close down because of the economy in Nigeria. Companies also closed down under Obasanjo.

Tinubu will eventually pull Nigeria out of this mess
.


Wy are people so moribund cos of ethnicity. Tueh spits
Re: 10 Companies That Shutdown Over Worsening Economy by emmaodet: 10:24am On Oct 24, 2023
Angelfrost:
Religion is the OPIUM (Pain-Killer) of the people...!

As pain increases, the sellers of 'painkillers' will definitely thrive and multiply.

It's a simple natural law of demand and supply.
Agreed and the more prosperous a country is, the more the churches shut down.
So invariably, pastors codedly don't pray the country gets better because it won't favour them.
What most people go to church to pray for like God I need visa, I need job, I need car or house etc will sort themselves out with a good economy thereby reducing the number of people going to church
Re: 10 Companies That Shutdown Over Worsening Economy by Angelfrost(m): 10:54am On Oct 24, 2023
emmaodet:
Agreed and the more prosperous a country is, the more the churches shut down.
So invariably, pastors codedly don't pray the country gets better because it won't favour them.
What most people go to church to pray for like God I need visa, I need job, I need car or house etc will sort themselves out with a good economy thereby reducing the number of people going to church
That's it bro...! The vacuum of pain would be filled, and there would be no need for painkillers.
Re: 10 Companies That Shutdown Over Worsening Economy by Chuzoetoh(m): 11:04am On Oct 24, 2023
e author=LZAA post=126581132]
You are talking to people who would cut off their nose to spite their face😄😄
To them they are doing eluu p😄[/quote]let them keep doing eluu p nah, na eluu p or Obi dey suffer am? Both apc, pdp, anpp, lp and all micro parties, the poor masses, old n young are suffering it now nah. We will never get sense in this country I swear
Re: 10 Companies That Shutdown Over Worsening Economy by PARADIZEPRIEST: 11:32am On Oct 24, 2023
angry
Re: 10 Companies That Shutdown Over Worsening Economy by PARADIZEPRIEST: 11:33am On Oct 24, 2023
SoNature:
APC (Buhari ) came to kill, gaslight and destroy Nigerians.
BUHA GOVT KILLED THOSE COYS WITH TRIBALISM with INCOMPETENT TRIBESMEN NOW CRUIZING IN DUBAI,GO AND COLLECT ALL THE COMPENSATION FROM BUHA AND HIS ACCOMPLICE.
This is best time to invest where big competitors is challenged with their big overhead of their directions that can not longer be absorbed..China will gladly take over their market in less than60days. grin
Re: 10 Companies That Shutdown Over Worsening Economy by Pharaohny: 12:00pm On Oct 24, 2023
77up:
and you all idiots want everyone to join you fuul in cursing Tinubu, the man you so much hate.

If only you idiots already blaming Tinubu for those companies fate can read , you all will know that some have even gone before buhari not to talk of Tinubu .
ONE already spotted grin grin grin grin grin grin cheesy cheesy


they never disapppoint
Re: 10 Companies That Shutdown Over Worsening Economy by EniHolar(f): 1:11pm On Oct 24, 2023
Splitmind:
Your fada is awon oponu angry
If only your father used conddom that night, this useless seed would have been prevented.
Re: 10 Companies That Shutdown Over Worsening Economy by Empedocles(m): 1:58pm On Oct 24, 2023
AriyaTV:
Where are the items.
in Lagos
Re: 10 Companies That Shutdown Over Worsening Economy by Ikaeniyan0: 3:00pm On Oct 24, 2023
Styluss:
Oponu
You're talking to your parents
Re: 10 Companies That Shutdown Over Worsening Economy by Styluss: 3:02pm On Oct 24, 2023
Awon molebi e ode

Ikaeniyan0:
You're talking to your parents
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