Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus (6309 Views)
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Faposky95: 9:04am On Aug 09, 2025 |
Goo0dHardDick:There's is a reason why Martin Luther had a Dream..... ...and then this forty lines |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Image123(m): 9:06am On Aug 09, 2025 |
datola:i know GEJ is clueless but i don't expect him to be that clueless as to contest. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by omenka(m): 9:07am On Aug 09, 2025*. Modified: 12:14pm On Aug 09, 2025 |
Cholison:No one is asking that you be moved, neither does anyone intend to do so. You can stay exactly where you are for eternity while the world moves light years ahead of you. It's your right to stay motionless to eternity. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Irony1: 9:09am On Aug 09, 2025 |
FreeStuffsNG:What do you gain by this attempt at misinforming people? The manufacturing sector has shrunk badly there has been no recovery here. It is only the services sector that is showing some signs of stability due to the fact that the like of MTN have pegged for their contract the dollar at 1600 naira to aid easy budgeting and forecasting. Please stop this propaganda oooo. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by advanceDNA: 9:11am On Aug 09, 2025 |
jamafa:Why don't u post good news that translate to improved welfare for masses .....and see if Nigerians won't be happy and praise the president. Everyday, using doctored figures from one statistics firm to spread lies..... Shame not dey catch una... And the sad part about y'all is that when pple complain u turn it into politics or opposition and tribe ........ Are u pple even Nigerians?? |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by MemphitzDgreat1(m): 9:12am On Aug 09, 2025 |
FreeStuffsNG:Tribalism wan wound una. Even the great Awolowo would surely be ashamed of some of you people's behavior today. Tueh👋 |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Kog45(m): 9:15am On Aug 09, 2025 |
Food Food Food on the table for the masses be the Koko,masses no send una statistics. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Reference(m): 9:17am On Aug 09, 2025 |
Vote according to the reality of your situation and you will be alright. That is what democracy is all about. It regulates leadership. That is how voting makes a real and direct impact on your lives and livelihoods, the sum total of your citizenship experience in a nation without ideology. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Alsenora: 9:20am On Aug 09, 2025 |
Lols...hunger mongers will surely be miffed but the govt and good citizens will continue to record economic wins and ppsitives. helinues: |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by almarthins(m): 9:21am On Aug 09, 2025 |
FreeStuffsNG:They lost more than that amount. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Originalsly: 9:23am On Aug 09, 2025 |
" Oil refining suffered a massive 14.67 % contraction." Hmmm ..... so the country was refining more oil but since Dangote began refining and has been massively increasing production ... we have suffered a massive contraction. How can this be true?....who was refining even more than Dangote and shut down? We know this part of the report can't be true....so what should we make of the rest? I'm not sure if it is that they think they are smart ..... or the citizens are stupid. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by wellmax(m): 9:24am On Aug 09, 2025 |
Goo0dHardDick:Every good news is propaganda to you. But every bad news is your darling. Just wait your bad news will soon arrive- Just for you. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by MadamExcellency: 9:30am On Aug 09, 2025 |
Multinationals closed under President Bola Ahmed Tinubu and not during Buhari’s government. Tinubu’s regime in 2023 and 2024 was the worst for manufacturing companies in Nigeria. Fake Data |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by SalamRushdie: 9:34am On Aug 09, 2025 |
Recovering under Tinubu how ? More businesses have closed down in the past two years than the entire 8 years of Buhari |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by ibabz(m): 9:40am On Aug 09, 2025 |
It appears Nigeria now operates under two reporting systems: the version the APC wants Nigerians to believe, and the harsh reality Nigerians wake up to every single day. But Nigerians have the choice which one will they believe: the APC’s report, or the reality they live through daily? |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by twilliamx(m): 9:47am On Aug 09, 2025 |
advanceDNA:Which country measures performance based on welfare/stomach infrastructure? When the economy improves to a solid point then NATURALLY the welfare will too |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by MadamExcellency: 9:52am On Aug 09, 2025 |
🚨 Multinationals that exited Nigeria since Tinubu’s inauguration (May 2023): 1️⃣ GlaxoSmithKline (GSK): Left Aug 2023 after 51 yrs, now imports Panadol, Sensodyne. 2️⃣ Procter & Gamble (P&G): Stopped manufacturing Dec 2023, now imports only. 3️⃣ Sanofi-Aventis: Switched to third-party distribution Feb 2024. 4️⃣ Equinor: Sold Nigerian oil business Nov 2023. 5️⃣ Bolt Food: Ended food delivery Dec 2023. 6️⃣ Jumia Food: Shut down delivery Dec 2023. 7️⃣ Kimberly-Clark: Closed Lagos plant Jun 2024, no more Huggies/Kotex. 8️⃣ Diageo: Sold Guinness Nigeria stake Jun 2024. 9️⃣ Pick n Pay: Exited 2024, sold stake after 5 yrs. 🔟 Holcim: Sold Lafarge Africa stake 2024 for $1B. Three companies scaled back production 1️⃣ Unilever Nigeria What: Exited home care & skin cleansing markets. Details: Stopped producing Omo, Sunlight, Lux in 2023, but still makes food/personal care products like Knorr, Close-Up. Reason: Economic pressures, strategic refocus. 2️⃣ Microsoft What: Closed Africa Development Centre in Lagos. Details: Shut down engineering hub in 2024, cut 100+ jobs, but keeps sales and cloud services active. Reason: Global cost-cutting, not just Nigeria. 3️⃣ PZ Cussons What: Reduced operations, under strategic review. Details: Scaled back production/sales in 2024 (e.g., Carex, Robb), but still operates in Nigeria. No full exit confirmed. 📉 Why? Forex scarcity, naira devaluation, inflation. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by obama30: 9:53am On Aug 09, 2025 |
FreeStuffsNG:Analysis is not reality instead exaggeration. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by able20(m): 10:05am On Aug 09, 2025 |
Tinubu can only deceive himself and his gullible fans, he can never deceive intelligent Nigerians The country is bleeding and he is taking rubbish |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Greatex90: 10:06am On Aug 09, 2025 |
Propaganda has started. Rubbish APC |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Tareq1105: 10:06am On Aug 09, 2025 |
Some people tolerated Buhari for 8 years with all the destruction to the economy and unfair appointments but cannot tolerate Tinubu, a Southern person for just 2 years. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by advanceDNA: 10:27am On Aug 09, 2025 |
twilliamx:So the country was bad when we were buying bag of rice for 8k during obasanjo's time...and tinubu is just solidifying it.?? That's the lies y'all are spreading?? When the welfare improves you'll get the praise u deserve.. U won't get any praise for doctoring data, for diverting the pple's common wealth into the pocket of 36 governors, and law makers, adjusting GDP figures and claiming exchange rate would have been10k to a dollar if not for tinubu.... |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by anonimi: 10:37am On Aug 09, 2025 |
FreeStuffsNG:Who is Quartus where Wale Edun is? Rebasing propaganda is not a substitute for real economic growth that was created by PDP deregulation and privatisation capitalism geniuses. This was until ebilokan made his thrice failed expired northerner Buhari a replacement for southerner Jonathan 10 years ago. APC promised change but delivered shege extreme poverty. thisweekng: |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by chatinent: 10:39am On Aug 09, 2025 |
Isn't it funny the way that the only good thing about Nigeria is published in the news but not in reality? |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by anonimi: 10:40am On Aug 09, 2025 |
Tareq1105:Why did ebilokan fail to tolerate his fellow southerner Jonathan for eight years instead of making him a one term president? What has changed for better in our country since 2015? Emergingnation: |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Guestmale: 10:48am On Aug 09, 2025 |
LagosOrigin:But if it is opposite you won't call it propaganda, don't be allergic to good news please. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Bosman17: 10:53am On Aug 09, 2025 |
Faposky95:Let me just mention 1, Deji Adeleke has just competed a $2b power generation project. Keep saying na lie na lie, you are already left behind… |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Typing: 10:56am On Aug 09, 2025 |
This is the biggest lies from Tinubu's incompetent Government |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by boxypane: 11:08am On Aug 09, 2025 |
Especially the textile industry. Those Chineses needs to be stopped. |
| Re: Manufacturing Sector Lost N1.2trn In 4 Years, Recovering Under Tinubu - Quartus by Teymanhenry(f): 11:11am On Aug 09, 2025 |
FreeStuffsNG:What Nigerians are after is to see a significant drop in price of these commodities. Without this, then it's all noise. |
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