Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,508 members, 7,850,753 topics. Date: Wednesday, 05 June 2024 at 08:27 AM |
Nairaland Forum / Nairaland / General / Business / P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business (23374 Views)
Emmanuel Chigozie Eze: P&G Head Of Sales Spent Firm’s N20m On Online Betting / Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant / P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)
P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Jokerman(m): 6:47pm On Dec 06, 2023 |
Consumer goods giant Procter & Gamble has stated it plans to dissolve on-ground operations in Nigeria and turn its country into an import market. https://nairametrics.com/2023/12/06/pg-to-dissolve-ground-operations-in-nigeria-revert-to-an-import-only-business-model/ 9 Likes 1 Share
|
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Jokerman(m): 6:49pm On Dec 06, 2023 |
1. If P&G leaves, means many people will lose their jobs?? Na wa o 2. What about their products, hope price won't increase again o? God help us... And local companies don't have capital to start... Make I go learn importation business o 112 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by immortalcrown(m): 6:49pm On Dec 06, 2023 |
"Hit the ground running." The message is becoming clear now. It was a parable before now. 246 Likes 8 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by anungangampu: 7:09pm On Dec 06, 2023 |
This isnt good at all. Achievement of other Presidents getting bastardised. If there is something this foreign companies are seing we are yet to see ? 2024 will reveal alot. 162 Likes 4 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by tsdarkside(m): 7:17pm On Dec 06, 2023 |
they only come to nigeria for the dollars.... nothing else.... when we tell una this foreighn companies are doing nigeria no good,una will not listen.... 351 Likes 20 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by SadiqBabaSani: 7:18pm On Dec 06, 2023 |
Apc shame on you demons 113 Likes 5 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Splashme: 7:19pm On Dec 06, 2023 |
When a thief is your president ... . 111 Likes 6 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Matinox: 7:19pm On Dec 06, 2023 |
Amazing 1 Like |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Ozommadu: 7:19pm On Dec 06, 2023 |
Apc yoruba SW destroyed this country with their deceit and propaganda. The day of reckoning is coming 107 Likes 8 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Onyiridike(f): 7:55pm On Dec 06, 2023 |
They are still teaching Obi and Igbos lesson. They think 2023 is 1960. Go ahead and destroy your country with your hands. 212 Likes 15 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Clickairtravels: 8:05pm On Dec 06, 2023 |
Ipob company 26 Likes 6 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by IamAtikulate: 8:13pm On Dec 06, 2023 |
I hope Nigerians are seeing the dangers of relying on FDI for industrialisation. Nothing beats growing your economy with indigenous companies. They are always loyal. Kudos to Anambra people. I hope Ogun is watching. 123 Likes 7 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Dsimmer: 8:17pm On Dec 06, 2023 |
If they're only going to import, they should leave the country as soon as possible. Who tell them the people in the country can't import themselves if they want? They're the ones sabotaging this country for us. 27 Likes 5 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Ojuntana: 8:25pm On Dec 06, 2023 |
APC is a natural disaster Mismanaged our unity in diversity Destroyed our once booming economy Messed up our internal security The only thing they are good at is recruiting miscreants for lies and propaganda 111 Likes 6 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by nedu666: 9:00pm On Dec 06, 2023 |
I don't blame them. Like seriously a country of 200 million people generated a net sales of $50 million dollars. As in that is the height of poverty. Nigerians purchasing power has taken a serious hit 112 Likes 6 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Twist4u: 9:22pm On Dec 06, 2023 |
NA STATISTICS WE GO CHOP!!!. The day I heard this words during APC campaign and when INEC hand over presidency to him.. I knew...it is ...Otilohhhh!!!!!! for Nigeria Like..Johnny Walker... keep walking...... 86 Likes 5 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by treesun: 9:31pm On Dec 06, 2023 |
Jokerman:APC is destroying everything destroyable! 27 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by AntiChristian: 9:31pm On Dec 06, 2023 |
Tinubu is at fault here! As soon as he was sworn in he should have given all poor Nigerians one million to eradicate poverty! We have too much oil and natural resources to pay us all! And he should have provided free raw material too for all industries to mitigate against them going away! I tire for Nigeria! Please which country can I migrate to and get new citizenship? Don't mention Argentina cos P & G is leaving Argentina too! Argentina is same as Nigeria as P & G don comot too! 8 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Beuberry(f): 9:32pm On Dec 06, 2023 |
Bad news. Many ll lose jobs 16 Likes |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by iwaeda: 9:32pm On Dec 06, 2023 |
Jokerman:They are wasting scarce resources to travel round the world. Everyone is leaving creating unemployment, APC is really a cancer. Nigeria will rise against this evil team. 41 Likes 1 Share |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by VikingKing: 9:32pm On Dec 06, 2023 |
FreeStuffsNG and his co travellers will tell you that all is well. That's how they will continue to fool you people into fighting Igbo vs Yoruba fight while their pay masters decimate this country. Nigeria's death started the day Jonathan handed power to a cattle rearer. May God punish him for that! If only APC can focus half the energy they use in paying online propagandists and half the time they use in rigging elections into developing this country, Nigeria would've at least been a bit better than Jonathan left it. But look at us today 68 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Rebuker(m): 9:33pm On Dec 06, 2023 |
It's not easy to a run a business here 8 Likes 1 Share |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Antoeni(m): 9:33pm On Dec 06, 2023 |
Anything Tinubu APC Government Touches, Dies 35 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Seefinish: 9:33pm On Dec 06, 2023 |
Tinubu's slogan should be " Renewed Hopeless" 27 Likes |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Dailymice: 9:33pm On Dec 06, 2023 |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by happney65: 9:34pm On Dec 06, 2023 |
You people are wailing so fast. Wait till Quarter of Next year before you know the gravity of this. "Na statistics we go chop" so says a so called presidential candidate 53 Likes 4 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Princebest(m): 9:35pm On Dec 06, 2023 |
Sad. I pity those that will be out of job as a result of this. Thing like this is why being self employed is still the best. Check my Bio for easy skills to help you start up something for yourself. 8 Likes |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Offpoint1: 9:35pm On Dec 06, 2023 |
Cassava Ewa garri people will focus on ARGENTINA in the write up. Lagos builder no fit mould common block when dey give am Nigeria to renovate 28 Likes 4 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Saladdin: 9:36pm On Dec 06, 2023 |
Nigeria is definitely not one of P&G's strongest market. The ROI is not justifying the investment on ground. Had Nigerian been a working nation that supports it's SMEs, this is the best chance for upcoming FMCGs in the country to fill the gap. Similar issue happened in '91 during Babangida's SAP, but the business terrain then is still less stifling that what we have now. Too bad, as thousands of jobs (direct and indirect) will be lost. But who can blame the company? Companies follow profit not emotions. 28 Likes 2 Shares |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by Firstorderwizard(m): 9:37pm On Dec 06, 2023 |
More addition to the already over saturated unemployment pool. This generation of Nigerian youths is a waste of generation. I wonder how history and posterity will describe them 17 Likes |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by zoedew: 9:38pm On Dec 06, 2023 |
Power! That is what Tinubu should see to and all else will fall in place! All the junketing is needless! Fix power and the FDI will flood Nigeria. We've got the market! The economy is big!!! Where is his Enron barge initiative of yore et al🧐🤔. Now Tinubu is President and OBADsanjo is out in the cold! 4 Likes |
Re: P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business by PHIPEX(m): 9:38pm On Dec 06, 2023 |
They keep leaving while we keep on looking for more foreign investors rather than plugging the hole that's making them leave. How about grooming more local investors? 31 Likes 4 Shares |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply)
Despite Nigeria Border Closure, Benin Republic Maintains Strong Economy - IMF / E-Naira: Company Sues CBN For Trademark Infringement / Naira Gains Against Dollar, Trades At N1113/$ At The P2P Market
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28 |