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Nairaland Forum / Nairaland / General / Health / Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation (27703 Views)
JSM: We Are Restructuring, Not Packing Up - Syringe Company Clarifies / Jubilee Syringe To Start Exportation To Germany / Inside Jubilee Syringe Manufacturing Factory In Onna, Akwa Ibom (Photos) (2) (3) (4)
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Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Chinedumejoooo: 3:04pm On Jan 03 |
The president and his associates are soffucating Nigerians and their businesses. Poor policies and worse beginning. 4 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by christejames(m): 3:04pm On Jan 03 |
Tinubulation is not yet done with us 3 Likes |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Meteng: 3:04pm On Jan 03 |
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 5 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by LOVEALAIGBO: 3:04pm On Jan 03 |
princejones: It was foreign ran if not owned! Foreigners don’t have the staying power and high tolerance level for bullshit like Nigerians do! 14 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Henergee(m): 3:05pm On Jan 03 |
Numerous employees of this organization have been added to the unemployment chart. The Nigerian economy has become too severe. 6 Likes 2 Shares |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by cenaman(m): 3:06pm On Jan 03 |
Renew shege. 2 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by coputa(m): 3:06pm On Jan 03 |
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. 4 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by LikeAking: 3:06pm On Jan 03 |
VIKTO83: If you no get evidence, abeg relax.. Remove this comment. 9 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by plessis: 3:07pm On Jan 03 |
The devil cometh to kill steal and destroy. 1 Like 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by InvertedHammer: 3:08pm On Jan 03 |
/ 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. / 8 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by sniperr007(m): 3:09pm On Jan 03 |
Purity02: They are falling oh 5 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by sniperr007(m): 3:10pm On Jan 03 |
id4sho: If Nigerians no enter street We like suffer 3 Likes |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by casualobserver: 3:11pm On Jan 03 |
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? 6 Likes |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Mosetgg: 3:12pm On Jan 03 |
Straybullet: Yes, you can still claim your money be writing them. |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Offpoint1: 3:13pm On Jan 03 |
Meaning hundreds of people will start their January with no job.... Not funny 3 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by SpatialKing(m): 3:15pm On Jan 03 |
Tinubu is just a lazy president |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by fabolouz1(m): 3:16pm On Jan 03 |
Temporary doesn't mean it's packing up. |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by PHIPEX(m): 3:17pm On Jan 03 |
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 6 Likes |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by adonuj(f): 3:18pm On Jan 03 |
VIKTO83: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 10 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Confirm4real(m): 3:19pm On Jan 03 |
It shall favour me and my family After 8years Nigerians go get sense by force. Next please... 3 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by coputa(m): 3:19pm On Jan 03 |
Meteng: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 6 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Angelfrost(m): 3:20pm On Jan 03 |
Even local industries are packing up...! This is a nation you people claim they are attracting foreign investments into. 6 Likes |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Tonytonex(m): 3:20pm On Jan 03 |
Straybullet:go to Berekete human rights Radio and television. The ordinary president fit help you recover your money. 1 Like |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Creativity22: 3:20pm On Jan 03 |
Oya agbado eating fools, come and blame igbos 8 Likes 2 Shares |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Peacfulmindset: 3:20pm On Jan 03 |
Things are just crumbling. Is it ever going to be better? 4 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Angelfrost(m): 3:21pm On Jan 03 |
VIKTO83: All the top companies that left are bad businesses?!! Issokay... Let's all keep living in denial. 7 Likes 1 Share |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by Tonytonex(m): 3:22pm On Jan 03 |
Peacfulmindset:God have mercy on us. 1 Like |
Re: Syringe-manufacturing Company Packs Up, Cites Challenging Business Situation by captaininiobong(m): 3:22pm On Jan 03 |
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. 3 Likes |
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