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Nigeria’s Worrisome Corporate Exodus - Punch Editorial - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s Worrisome Corporate Exodus - Punch Editorial (14793 Views)

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Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Kay17: 7:15am On Jun 19, 2024
lonelydora:
No backing down!

Whoever that is tired of standing on his mandate should carry chair and sit down.

Have you seen any Igbo man complain about the economy? No tribe is better prepared for the worst in Nigeria than the Igbo people.

You all thought you are doing Peter Obi and Obidients. Ngwanu... Tinubu must finish his two terms o.

Una never see anything.
I agree. The exit of multinationals and the shrinking of the economy along with shabby foreign exchange market doesn’t affect Igbos in the Southeast and all round Nigeria.

The exit of doctors and astronomical increase in prices of food and medicine doesn’t affect Igbos.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by haybhi1(m): 7:15am On Jun 19, 2024
B
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ikaboy: 7:15am On Jun 19, 2024
Interesting times indeed
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by YouAreNobody: 7:17am On Jun 19, 2024
Emigrating from this shithole was the best life decision I ever took.
Nigeria is a dream-killer and your useless leaders will help you bury your dreams.

Elect good leaders and a section of the country will say it must be their brother, no matter how useless the brother is.

Aside my investments, nothing concern me with that country
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ebufa: 7:17am On Jun 19, 2024
mrvitalis:
You know Peter Obi said everything on this editorial

It's sad that 500 million dollars credit facilities in a form of interest free loan would have prevented this companines from leaving instead expanded them heavily

Your economy is shrinking, revenue is less then debt servicing +recurrent expenditure, unemployment is growing, currency is loosing value...........

And your biggest expenditure is to build a 10 billion dollars road that already has multiple alternatives?

It can never ever make any economic sense at all
the coastal road is a slush fund conduit to fund 2027 elections and of course the Tinubu/chagouri eko atlantic fantasy!
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by omoredia: 7:19am On Jun 19, 2024
Tinubu has sent them to the promised land which is clearly not Nigeria
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by owem19(m): 7:19am On Jun 19, 2024
No free money again, corruption has been defeated to the bearest minimum
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by YouAreNobody:
lonelydora:
No backing down!

Whoever that is tired of standing on his mandate should carry chair and sit down.

Have you seen any Igbo man complain about the economy? No tribe is better prepared for the worst in Nigeria than the Igbo people.

You all thought you are doing Peter Obi and Obidients. Ngwanu... Tinubu must finish his two terms o.

Una never see anything.
The igbos never expected anything good from this adminyand the previous one, that's why they seem to be weathering the storms; they had prepared beforehand
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ariesbull: 7:23am On Jun 19, 2024
What do you expect....when they used RONU tribalism to elect
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by thatsleepboy1: 7:28am On Jun 19, 2024
hegelian:
These companies leaving have much more than failing of the government.. There is something they are seeing that we are not seeing and is much more than govt policies..I sincerely hope Nigeria is save in years to come.. I hope we are not in the final stage of serious looming of anarchy.. I seriously fear for the innocent lives that will be affected including mine.. Something is seriously brewing for multinational to start protecting itself.. They see very far ahead and plan seriously before it.. We are seeing 1 to 4 years and they are seeing decades ahead and more..
There's much wisdom and heavy statement here, we don't want to tell ourselves the truth until then, some won't see it at all meanwhile the symptoms is already all over us singing with a loud voice.


May God have mercy on us.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Kukutente23: 7:29am On Jun 19, 2024
Goodvibes007:
So why did Tolaram buy the shares?
The question should be why Diageo is selling and the other multinationals are leaving.
Do you pray for more or less
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Nahunger(m): 7:31am On Jun 19, 2024
mrvitalis:
You know Peter Obi said everything on this editorial

It's sad that 500 million dollars credit facilities in a form of interest free loan would have prevented this companines from leaving instead expanded them heavily

Your economy is shrinking, revenue is less then debt servicing +recurrent expenditure, unemployment is growing, currency is loosing value...........

And your biggest expenditure is to build a 10 billion dollars road that already has multiple alternatives?

It can never ever make any economic sense at all
Every government needs an elephant 🐘 project as a pipe hole to rake in money to replenish expenses from previous elections and for the coming elections...

Jonathan did his with Dasuki gate, Buhari did his with Train from Nigeria to Niger..

That's the circle..

Nigerian are like dummies they know how to talk talk talk that's why politicians don't rate you all.

What's the worst Nigerians will do talk on TV, Radio etc..

By Friday paid imams will calm them down
By Sunday paid pastors will calm them down
Every day Babalawo will give them fake updates...
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ezegold4we: 7:36am On Jun 19, 2024
Tinubu should continue with his wickedness, starvation and hunger against nigerians,

I think Majority of yorubas and hausa's deserve this hunger More than any other tribe in Nigeria

The yorubas and hausa's like supporting evil against nigerians especially during presidential elections,

We all will stand on this stolen mandate of bola tinubu's hunger and irredeemable corruption till 2031.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by seunayantokun(m): 7:37am On Jun 19, 2024
It is myopic to not see this from the root. Those whose object of blame is only the present administration at the federal level have not looked at it properly. For me, systemic corruption which started long ago and insecurity created by 'we-must-always-be-in-power-at-all-cost' Fulani chief executive terrorists and and their foot soldiers have resulted in the present. The only solution to start with is either going back to regionalism or breaking up. If we don't want the latter, at least the former remains desirable. Those shouting for Peter Obi and against Tinubu should not forget both of them are parts and parcel of the present suffering, and none of them can do anything until you change the devil's book of suffering you call the 1999 Constitution.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Tonnyray: 7:38am On Jun 19, 2024
Kukutente23:
The question should be why Diageo is selling and the other multinationals are leaving.
Do you pray for more or less
His question is just as valid.
You don't determine what the question should be.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Galaticos444: 7:39am On Jun 19, 2024
In tinubu's voice "na economics we go chop" grin
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by cococandy(f): 7:39am On Jun 19, 2024
Where’s Iamblessed85 ? Come and blame feminists and western propaganda for this one too
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by RodgersAkpafu: 7:39am On Jun 19, 2024
lonelydora:
No backing down!

Whoever that is tired of standing on his mandate should carry chair and sit down.

Have you seen any Igbo man complain about the economy? No tribe is better prepared for the worst in Nigeria than the Igbo people.

You all thought you are doing Peter Obi and Obidients. Ngwanu... Tinubu must finish his two terms o.

Una never see anything.
this bad govt affects everyone
igbos inclusive
so quit thatc mentality
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Smartcitizen: 7:41am On Jun 19, 2024
Goodvibes007:
You say wetin?
Una just dey set yourself up.
At least we still know people who has been dying in Rice sharing STAMPED in Lagos and attacking lorry carrying foodstuffs in Ondo.

Is that a coincidence that it happened in SAME region that useless idiot ruling Nigeria is from?
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by fastseo: 7:41am On Jun 19, 2024
Tinubu is a cause to Nigeria.
He brought Buhari who caused soo much pain to Nigeria. Made foolish policy and printed and borrowed funds which his cronies looted
Now tinubu came in board to continue.


God will punish all this men that caused pain to Nigerians
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by BigDawsNet: 7:41am On Jun 19, 2024
hegelian:
These companies leaving have much more than failing of the government.. There is something they are seeing that we are not seeing and is much more than govt policies..I sincerely hope Nigeria is save in years to come.. I hope we are not in the final stage of serious looming of anarchy.. I seriously fear for the innocent lives that will be affected including mine.. Something is seriously brewing for multinational to start protecting itself.. They see very far ahead and plan seriously before it.. We are seeing 1 to 4 years and they are seeing decades ahead and more..
Chia your comment dey make me remember what Dr kemi used to say time to time “anarchy is looming “ that woman is very intelligent and she quickly left the country with his son… be like something may happen in the near future and it will shock the citizens.. dis companies leaving may not really means the economy is not working for them as u said… but they probably saw wot we ain’t seeing…

I just pray whatever storm is coming.. won’t carry us away

Amen
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by fastseo: 7:43am On Jun 19, 2024
Goodvibes007:
You say wetin?
Una just dey set yourself up.
We should leave tribe out of this and face reality.

All Nigerians are starving from north to south caused by tinubu who because of wanting to get power supported Buhari.... Both of them destroyed Nigeria
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by bayelsaowei(m): 7:45am On Jun 19, 2024
Nigeria is a tiring entity.

Anybody who can Jakpa please do..our leaders and a large chunk of its citizens are annoyingly useless..

Leave if you can..
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by demarc001: 7:47am On Jun 19, 2024
Goodvibes007:
So why did Tolaram buy the shares?
Because they are Indians, they know how to do business the Nigerian way

Cheap labour
No standards
No safety
Poor welfare for staff
Bribe government officials
Etc.

With all these they still manage to make profit.
Big multinationals don't do these because of integrity.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Blazetrailer: 7:50am On Jun 19, 2024
1000% correct...or if you have the means, get your family out first...Nigeria is gone


UnitedKingdom:
Nigerians never see anything yet. The worst is yet to come. If you have means just try and Japa before the wave hit you. Nigeria is gone.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by travelzcruix: 7:52am On Jun 19, 2024
It's obvious Nigeria will be economically on vacation for the next 8 years. On this mandate make I hibernate too
,surviving on bread and water till this rapture departs.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Lifemanage: 7:52am On Jun 19, 2024
mrvitalis:
You know Peter Obi said everything on this editorial

It's sad that 500 million dollars credit facilities in a form of interest free loan would have prevented this companines from leaving instead expanded them heavily

Your economy is shrinking, revenue is less then debt servicing +recurrent expenditure, unemployment is growing, currency is loosing value...........

And your biggest expenditure is to build a 10 billion dollars road that already has multiple alternatives?

It can never ever make any economic sense at all
Grey hair is never an evidence of wisdom. Nigerian grey headed leaders are epitome of foolish wickedness
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Blazetrailer: 7:53am On Jun 19, 2024
Hogwash! What can Regionalism do?
Nigeria was comatose before but the plugs were pulled off the life support machine by the current heno smoker of a president.


seunayantokun:
It is myopic to not see this from the root. Those whose object of blame is only the present administration at the federal level have not looked at it properly. For me, systemic corruption which started long ago and insecurity created by 'we-must-always-be-in-power-at-all-cost' Fulani chief executive terrorists and and their foot soldiers have resulted in the present. The only solution to start with is either going back to regionalism or breaking up. If we don't want the latter, at least the former remains desirable. Those shouting for Peter Obi and against Tinubu should not forget both of them are parts and parcel of the present suffering, and none of them can do anything until you change the devil's book of suffering you call the 1999 Constitution.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by Zubeezanga(m):
lonelydora:
No backing down!

Whoever that is tired of standing on his mandate should carry chair and sit down.

Have you seen any Igbo man complain about the economy? No tribe is better prepared for the worst in Nigeria than the Igbo people.

You all thought you are doing Peter Obi and Obidients. Ngwanu... Tinubu must finish his two terms o.

Una never see anything.
Oh will you shut up and stop this igbo thing, na only us dy the country, na only yoruba dy this country mey una stop rubbish annoyin already.
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ufotunang: 8:04am On Jun 19, 2024
What did you expect from a president like Tinubu that the only thing he could tell nigerians during his presidential campaign that...it's my turn
Re: Nigeria’s Worrisome Corporate Exodus - Punch Editorial by ufotunang: 8:04am On Jun 19, 2024
Renewed hope to renewed shege 🙄
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