₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,327,273 members, 8,430,138 topics. Date: Friday, 19 June 2026 at 11:03 PM

Toggle theme

Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms - Business (5) - Nairaland

Nairaland ForumNairaland GeneralBusinessWestern Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms (22249 Views)

1 2 3 4 5 Reply (Go Down)

Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Exousiang01(m): 1:25pm On Jun 19, 2024
omoredia:
U are a real illiterate
Basic English comprehension you lack yet you are still talking instead of you bury your head in shame. It's the offspring you will pass this your low IQ to that I pity, not you, you are already a lost course
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by omoredia: 1:28pm On Jun 19, 2024
Exousiang01:
Basic English comprehension you lack yet you are still talking instead of you bury your head in shame. It's the offspring you will pass this your low IQ to that I pity, not you, you are already a lost course
U are an illiterate. Just know. Mumu pikin
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Exousiang01(m): 1:34pm On Jun 19, 2024
omoredia:
U are an illiterate. Just know. Mumu pikin
Its obvious this is the best contained in your vocabulary.

Na sand dey your head and you dey run to quote comment wer your small head with sans no fit understand wetin person right.
Slow creature
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by omoredia: 1:36pm On Jun 19, 2024
Exousiang01:
Its obvious this is the best contained in your vocabulary.

Na sand dey your head and you dey run to quote comment wer your small head with sans no fit understand wetin person right.
Slow creature
I no too blame u i blame the cursed rodents that raised you.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by loswhite(m): 1:57pm On Jun 19, 2024
Basicend:
Truth is, west through IMF and World Bank has strategically impoverished her former colonies, that is, Africa , some parts of Asia and South America.

So due to this, the gap in per capital income and standard of living has gone so vast.

What is considered low budget clippers, electronics, cars etc in USA, Germany, Canada, Japan etc is absolutely unaffordable as brand new to most Nigerians now. . I mean, even those in Lekki, Ikoyi etc also.

That is why these countries easy shift their focus to China, India, Taiwan etc.

Which govt or individual is buying a brand new Benz, Ford, Toyota now, when there is GAC. .

Why should we waste money engaging Alcatel when there is cheaper option from Huawei and so on.

In effect, China is taking over control, resourcing and influence of over 2/3 of the global population.

The western companies may keep folding up coz of the cost of the services global wise. Check smartphone market now for example, even after trying to kill Huawei. . Xiaomi is rising, Oppo, Vivo and Samsung is also asian.
The west ask kogi governor to transfer 760k few days before leaving office…lol the west are just plain evil ThankGod for Chinese companies. They have helped Nigerian workers at least they pay better salaries than the western companies.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Exousiang01(m): 2:04pm On Jun 19, 2024
omoredia:
I no too blame u i blame the cursed rodents that raised you.
They rodents gave me very sound education.
Unlike you who cant comprehend basic English and result to insulting people for what you donr understand.
If na my dog read that comment him for understand...

PS: Insulting other people parents shows the type of upbringing you have. Study has shown that people who lack respect for other people's parents equally lack respect for their own parents na as you dey insult your own parents be that. It begins at home.
If you were raised well you wont insult my parents
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by omoredia: 2:18pm On Jun 19, 2024
Exousiang01:
They rodents gave me very sound education.
Unlike you who cant comprehend basic English and result to insulting people for what you donr understand.
If na my dog read that comment him for understand...

PS: Insulting other people parents shows the type of upbringing you have. Study has shown that people who lack respect for other people's parents equally lack respect for their own parents na as you dey insult your own parents be that. It begins at home.
If you were raised well you wont insult my parents
Good indeed u are blind and u don't know. U see how compounded ur problem has become.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Amhappy(f): 3:36pm On Jun 19, 2024
What standards do these replacement firms operate with?
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by PHAYOL81: 4:07pm On Jun 19, 2024
That's not bad. This new system will help the economy more and provide more employment opportunities. But having said that though, all production units and factories are important and there should be policies that encourage their continous existence alongside one another. The more the merrier.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by dejavubobo1(m): 4:15pm On Jun 19, 2024
Twy:
Can Nigerian companies also create good standard products and not be anti welfare?
For now, No only public office holders enjoy good welfare package. Private establishment are struggling to survive, so welfarism and quality isn't a thing on their list
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Felixv: 4:16pm On Jun 19, 2024
I feel this is an opportunity for Nigerian players to expand their operations. There would definitely be a vacuum that would need to be filled
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by DeepSight(m): 5:40pm On Jun 19, 2024
epondudu:
Your comment is full of hope and very reassuring.
God bless you.
Don't get your hopes up.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by bizzibodi(m):
If everything was good I don’t think Guinness would think of partnering with Tolaram. Now when they saw there’s adversity they chose to partner with us,” he said. “Nigeria has 200 million people. They have to eat, they have to drink. We don’t see why Nigeria should not be the country where we’ll continue to stay and continue to invest,” he stressed.
The purchasing power of majority is shrinking d demand for their products will reduce also their profits will reduce also but multiple taxations continue to increase, couple with unfavorable government policies then they too will close factories or cut corners with substandard products,false weight of finished products,paying peanuts to workers & over working them.
.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by justmondris: 6:35pm On Jun 19, 2024
DevilsEqual:
This vote of confidence in our economy is huge

They are believers like us
From here on, it can only get better
They know the USD dollar is one of our major problems and very soon we will have no choice but to dump it.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Rubyjade: 4:19am On Jun 29, 2024
Gerrard59:
But when Nigerians were appointed to head Western companies, they reduced the largesse of workers and introduced similar work practices as the Asians. Worse still, the firms never survived. At least, the Asian firms are still standing. What stops us from building successful companies as Asians? That should be your interest. Nigeria is too big for only Western companies to operate.
True but Asian have too many sharp practices.
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Rubyjade: 4:22am On Jun 29, 2024
ironheart:
Good, USA and UK based companies are after profits without giving back.
Asians are after what?
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Rubyjade: 4:23am On Jun 29, 2024
Amhappy:
What standards do these replacement firms operate with?
Low level standards
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Rubyjade: 4:24am On Jun 29, 2024
loswhite:
The west ask kogi governor to transfer 760k few days before leaving office…lol the west are just plain evil ThankGod for Chinese companies. They have helped Nigerian workers at least they pay better salaries than the western companies.
Chinese Pay better salaries than the West grin you must a joker
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by 6Milk(m): 5:49am On Jun 29, 2024
Maybe it's really time for them to leave
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by ironheart(m): 7:02am On Jun 29, 2024
Rubyjade:
Asians are after what?
they are after what the west wants but at least they are leaving us with the technologies
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by Rubyjade: 8:35am On Jun 29, 2024
ironheart:
they are after what the west wants but at least they are leaving us with the technologies
Which technology?
Re: Western Multinationals Fleeing Nigeria Being Replaced By Asian, Turkish Firms by VeeVeeMyLuv(f): 4:05pm On Jun 29, 2024
Amhappy:
What standards do these replacement firms operate with?
Lower standard

My sister,

Devaluation lead to lower standard in everything
1 2 3 4 5 Reply

Fleeing Binance Executive, Anjarwalla Found As Nigerian Govt Starts ExtraditionWhy Consumer Goods Multinationals Are Fleeing NigeriaAdvertising: Multinationals, Banks, Get Knocks For Undermining Local Contents234

BDC Operators Import Dollars From Ghana, Benin Rep, OthersHow FG Will Tax Profits Made By Global Tech/Digital Giants In Nigeria — OsinbajoShip Cheaply From the USA, UK And Canada To Nigeria Without Leaving Your Home!