₦airaland Forum

ANSMEDIA:
Companies fast relocating out of Nigeria throwing people out to labour market those incharge careless

Sir Richard Branson was the first to foresee the troubled times ahead when he withdrew Virgin Nigeria from the country.

ANSMEDIA:
https://nairametrics.com/2024/05/30/breaking-huggies-maker-kimberly-clark-to-stop-production-three-years-after-investing-100m-in-nigeria/

No lie.

Businesses are currently in a coma state this Tinubu period.

This Tinubu administration is one of that cankerworm and locusts period the Bible talked about when cursed slaves are in power while princes walk barefooted.

I know the hit my business is taking this period.
Do you want to talk of the mad interest from CBN to the banks and the banks to businesses.

It was never this worse.

This is the period for the first time that I am considering closing off my business and relocating. Businesses today under this cursed Tinubu regime are all hanging by the ropes.

StOla:
Landmark like all other businesses, should keep themselves within the confines of the space they have procured.

It is certainly an economic security concern, to have a country's production capacity tied majorly to foreign firms who can always exit once the business climate is not favourable.

Tell us the country in this world that does not depend and encourage foreign investors in some ways,stop defending nonsense.

StOla:
What has the shutdown got to do with any section of the country besides the economy of the country as a whole?

Do you have multinationals in the East?

If the economy of Nigeria is not conducive for foreign investors who require stability of currency exchange to make profit from their investments, are they not going to shit down in the places that they run their operation?

How many Nigerian owned manufacturing conglomerate have shut down?

Were you expecting them to shut down where they do not exist?

Some have previously argued that Lagos was a stand-alone economy. Made absolutely no sense and I told them so.

But Tinupoo is doing exceeding well, we have been told. Everyday, the stark reality continues to confront the huge lies and deceit they are loading unto the public space.

Buhari and Tinupoo, the 2 most intellectually challenged rulers of Nigeria have accounted to the folding up of 80% of production lines and millions of job losses in Nigeria.

Father4all:
bro, let truth be told. No companies in the east

Watch this and cure your ignorance


https://www.youtube.com/watch?v=JDcs2mFyo1I?si=HUt8ajUXxDr35b4R

Cromagnon:
which company is in the east name them 😅

Watch ignorant mind


https://www.youtube.com/watch?v=JDcs2mFyo1I?si=HUt8ajUXxDr35b4R

fuckingAyaya:
If to say PETER OBI built one school all these investors for no run away, we for dey chop STATISTICS and palmwine.

shut up your mouth. Opening you mouth and spewing gibberish

fuckingAyaya:
If to say PETER OBI built one school all these investors for no run away, we for dey chop STATISTICS and palmwine.

typically of an apc supported to be a brainless stupid dimwitted nincompoop..fking piece of shit

TINUBU IS DOING REVERSE DANCE WITH NIGERIAN ECONOMY

What Tinubu/APC cannot destroy does not exist: destroy living standard, destroy businesses, destroy affordable prices and we are sure he will destroy himselve and his family plus all his supporters

ANSMEDIA:
https://nairametrics.com/2024/05/30/breaking-huggies-maker-kimberly-clark-to-stop-production-three-years-after-investing-100m-in-nigeria/

i have a friend who works with this company, he just got married with an infant child and he is a supervisor with the company, wetin him go do now? May Nigeria not happen to us again

StOla:
What has the shutdown got to do with any section of the country besides the economy of the country as a whole?

Do you have multinationals in the East?

If the economy of Nigeria is not conducive for foreign investors who require stability of currency exchange to make profit from their investments, are they not going to shit down in the places that they run their operation?

How many Nigerian owned manufacturing conglomerate have shut down?

Were you expecting them to shut down where they do not exist?

Many indigenous industries have shutdown


This company is own by Yoruba man
I thought you were jubilating over foreign investments

Matabue1985:
shut up your mouth. Opening you mouth and spewing gibberish

Ode!

MisfitHPG:
typically of an apc supported to be a brainless stupid dimwitted nincompoop..fking piece of shit

who?

Pepperdemisback:
Baby factories or fake drug stores? Which company is in East?
Walmart is closing 9 stores in the USA because of SW too.
https://www.google.com/amp/s/www.businessinsider.com/walmart-store-closings-openings-2024-full-list%3famp

Ignorant mind watch


https://www.youtube.com/watch?v=JDcs2mFyo1I?si=HUt8ajUXxDr35b4R

A lot of things playing underground.... it's all about the company staff too.

They have many bad people governing the affair of the company too (my opinion).

Some years back, I did an interview with this company, very promising company. After successful interview with UK team, I was transferred to Nigeria and the interview was cool. Till date, I don't hear nothing from Nigeria team....I felt the corruption was too strong.
There's more to this that I can't even type.
I feel bad shaa....9aija happened to the investors. It's not always about government.

What APC cannot destroy does not exist

Where is Reno OMonkey ?

fuckingAyaya:
If to say PETER OBI built one school all these investors for no run away, we for dey chop STATISTICS and palmwine.

And you think this is just as the Man City Arsenal banter?

fuckingAyaya:
If to say PETER OBI built one school all these investors for no run away, we for dey chop STATISTICS and palmwine.

😁😅😂😂😁😂😂😆😂

Assuming you dey near me, I for buy you hero beer till you faint

😁😅😂😆😂😅😁😅😂😆😆😅😅😂😆

You won't see Hellanus, yariberibe, de#d meat griller and the useless freestuff boy here. Very useless country and govt and demonic 30k defenders..

Kafirbigot:
Raskimonojendor
Adamusuleiman1
Muhammaduyusufu
Slytiger
FREESTUFFNG
Chopnaira
Paraman
Reno omockery
Opamoses1


una plenty for Nairaland haba...!!!!!


Come and see TILUMBU in action...

Useless losers

U failed to include Mannagbogrills
& Helinues

The more the merrier, so it's bad they're closing up but if all these would end up creating more avenues for,the prosperity of the indigenous manufacturers cum competitors, then we can only hope and pray the fate comes to pass.

GOD SAVES NIGERIA

WE RISE!

If dangote only produce in Nigeria, he would have closed down most of his factories and not named African richest man.

He's smart enough to spread production to other friendly African countries.

As if I know....enemies of progress will flock here

Obi idiots

Those nitwits are worthless and are irrelevant...

They are brainless and sincerely speaking don't add value to the forum based on intelligent discussions or even banter.

I don't regard them at all...

Loverboi2cute:
U failed to include Mannagbogrills
& Helinues

No mind them...they are all senseless..

yewit37486:
They are busy on other threads posting their usual useless comments. Mofos. They can never end well. Not a single one of them.

ANSMEDIA:
Where is that moniker that always says west is safe for business I'm yet to hear any company shutdown in the east, propaganda always have expiring date

Next time read the post well before writing jargons... Who is competing with your people in the east? 😏

They cited the economic situation in Nigeria as the reason for pulling out, so which one is the silly comparison between SW & SE when your people are still sitting at home on Monday and dealing with gunmen...

sad news

ANSMEDIA:
Ignorant mind watch


https://www.youtube.com/watch?v=JDcs2mFyo1I?si=HUt8ajUXxDr35b4R

You are the ignorant one here, go into deep search. Online purchase which became very popular during Covid started bringing them down. There are competitors who make these same Online Purchases back then too. So, they have little or nothing doing in their stores. Go for research and stop watching a dumb video there.
A lot of companies abroad have issues and are folding up. Seyi Makinde is bringing Shell project to Oyo State.

SircumzAlot:
demand is low.

Sigh

We have a large population, which is ordinarily good for business, but unfortunately it is a very poor and unproductive one. We have a high number of new births daily and a lot of women of child bearing age (who needs sanitary pads) but they couldn't keep the company in business.