₦airaland Forum

The president and his associates are soffucating Nigerians and their businesses.
Poor policies and worse beginning.

Tinubulation is not yet done with us

I don’t understand how Nigeria works. This should otherwise be one of the most viable businesses. Just imagine all the clinics, maternities and hospitals across Nigeria patronizing them

princejones:
Was this company even working cos l don't understand how a whole company can just close like that

It was foreign ran if not owned! Foreigners don’t have the staying power and high tolerance level for bullshit like Nigerians do!

Numerous employees of this organization have been added to the unemployment chart. The Nigerian economy has become too severe.

Renew shege.

Before the end of four years of Tinubu administration nearly all the viable establishments will close shop.

The economy is not friendly for doing business

Insecurity

Lack of forex

Banditry/inflation

Inflation

Infractural decay

Corruption

This administration has no blueprint to work with.

VIKTO83:
When people do bad business they attribute it to government policies.
Syringe and needle business as long as I'm concerned is a very lucrative business.
If u investigate well now u will find out they did bad business.

If you no get evidence, abeg relax..

Remove this comment.

The devil cometh to kill steal and destroy.

/
This has nothing to do with APC.
It has more to do with Nigerians as a people.

The way people wailed, whined and complained during the 8 years of Buhari, should APC had gotten even up to 500k votes in 2023?

Apparently people are enjoying the hardship. There is no other reasonable explanation for the madness.

/

Purity02:
On his mandate they shall stand

They are falling oh

id4sho:
E remain toothpick own

Petrol 1200 loading, final burial.

Devaluation, subsidy removal, IMF puppet

If Nigerians no enter street
We like suffer

Everybody with a bad business plan is blaming the government for their failure. You know manufacturers in Nigeria have been folding up since the 80s, did you investigate the reasons? You know Naira has been depreciating since the 80s, did you ensure your business plan is Naira depreciation proof? You are manufacturing in Nigeria and you know from more than 40 yrs empirical data and the lessons of others that your 2 biggest threat factors as a manufacturer in Nigeria are foreign raw material and forex, as well as power, generators and cost of diesel, how much of that did you factor into your business plan?

Straybullet:
How do I get my 2 million naira from them , Payment for syringes which they never supplied since November 2022

Lawyers in the house please help a brother.

Can I still claim my money back?

Yes, you can still claim your money be writing them.

Meaning hundreds of people will start their January with no job.... Not funny

Tinubu is just a lazy president

Temporary doesn't mean it's packing up.

These are the FDI we celebrate daily.

The govt policies keeps frustrating them and because they are here for the profit along, they easily JAPA.

I still prefer investments by the citizens any time any day.

Anyone working in a multinational knows their profits are measured in Dollars. 100million naira profit is just 100k dollars. While you celebrate 100million, they only see 100k dollars which is a peanut

VIKTO83:
When people do bad business they attribute it to government policies.
Syringe and needle business as long as I'm concerned is a very lucrative business.
If u investigate well now u will find out they did bad business.

Unilever,
GSK,
Sanofi,
Bolt Food, and now Jubilee Syringe Manufacturing

You probably have no idea how difficult running business in Nigeria is, without government support

It shall favour me and my family



After 8years Nigerians go get sense by force.


Next please...

Meteng:
I don’t understand how Nigeria works. This should otherwise be one of the most viable businesses. Just imagine all the clinics, maternities and hospitals across Nigeria patronizing them

No foreign exchange to do business, it's scarce, government and her cronies are hoarding it.

Companies buy dollars from mallams at exorbitant amount, which ultimately affect their turnover,not to mention high cost of desiel to power their plant.

Is it the distribution of the product,bad roads and insicurity coupled with high cost of petroleum products.

The economy is on life support

Even local industries are packing up...!

This is a nation you people claim they are attracting foreign investments into.

Straybullet:
How do I get my 2 million naira from them , Payment for syringes which they never supplied since November 2022

Lawyers in the house please help a brother.

Can I still claim my money back?

go to Berekete human rights Radio and television. The ordinary president fit help you recover your money.

Oya agbado eating fools, come and blame igbos

Things are just crumbling. Is it ever going to be better?

VIKTO83:
When people do bad business they attribute it to government policies.
Syringe and needle business as long as I'm concerned is a very lucrative business.
If u investigate well now u will find out they did bad business.

All the top companies that left are bad businesses?!!

Issokay... Let's all keep living in denial.

Peacfulmindset:
Things are just crumbling. Is it ever going to be better?

God have mercy on us.

Udom was a kind of not educated the type of business he invested in. His associates didn't advice him well before establishing the syringe company.

He even went ahead to build international worship center with almost billions of naira. What for? How will the worship center benefit the government interms of revenue?

How many people can afford to rent the place for use?

Just wasting money on irrelevant things.

The only investment I applaud him is adding more aircraft to ibom air.


Company that will fold this year are companies that thier product offer little to no value to people.

How many people uses syringe on a daily?

If he had good associates they would have advised him on agriculture. It would have been a good one because Akwaibom has good soil for planting.