Pathetic

Ur president tinubu doesn't care, he is making his money through embezzlement, so all of Una leave Nigeria no concern them, same as all former presidents..
The citizens are the ones suffering, we will revolt one day and take back our country

EmperorCaesar:


This is really bad
But then,Naira isnt rolling down an incline plane so it won't continue to go bad for them

Trust Cardoso to make the Naira appreciates again and these guys will have stronger reasons double their productivity


As for the enemy of the states, dem go quote me to explain tire....Obidients I mean

You are wrong.

Obidients are patriots who are tired of this evil APC structure of pain,hardship,insecurity and poverty, na urchins wey dey jubilate while the evil APC give them the true shege suffering be enemy and nuisance to the Country.

Buharism101:
Against all odds.... Nigeria will be great insha Allah 🇳🇬

A word of a FOOL⚠️

Blame Emefiele

JASONjnr:
These ones might be warming up to leave the country as well....


I wonder what Tinubu is doing as a first class Accountant from CSU. A school that receives bribe to hide the real identity of their students.


FG banning schools refused to ban CSU.

Of course, what's business without gain??

Nigeria is working, Next step they want to relocate out from Nigeria

So with all these losses 📉 how come they are still in business? Na wa oooo!!!!

Omooba77:


https://punchng.com/cadbury-guinness-others-lost-n472bn-to-naira-depreciation-report

Too bad👀👀👀👀👀👀
# the shyyythole from fry pan to FIRE 🔥🔥🔥🔥✅💯🚩

If they fold up then more wahala dey be that.

what sort of unbalance news is this? Currency depreciation is a two way street while some will lose when reporting their revenues in USD those with USD will have huge gains when converted to LCY. This is the reason for the huge earnings of the banks last year.

First Class Accountant is working

Kukutente23:
It is well even in the well

Because God is aware

EmperorCaesar:


This is really bad
But then,Naira isnt rolling down an incline plane so it won't continue to go bad for them

Trust Cardoso to make the Naira appreciates again and these guys will have stronger reasons double their productivity


As for the enemy of the states, dem go quote me to explain tire....Obidients I mean

obidients are not your enemies, your real enemies are those who make policies without thinking the real economic implication for all. The masses and businesses are made to suffer, while the political class get billions to buy luxurious cars. What happened to the cars used by the previous legislators? Only in Nigeria government do we see them budget billions every now and them for cars. The average public school will use one bus for 20yrs, that's if they even have one.

Originalsly
post=127823767:
They've made enough .... they should leave and let us develop our own industry using our resources.

I tried to understand how Nigerians reason. Which Nigerian has deemed it fit to invest in Nigeria without enslaving Nigerians that work for them with hostile working environment and toxic conditions of service , with terrible remuneration. Nigerian don't know how to manage business but kill it. Check out how many Nigerian businesses, that are owned and managed by Nigerians that are thriving in Nigeria,to a reasonable extent,less than 5%

EmperorCaesar:


This is really bad
But then,Naira isnt rolling down an incline plane so it won't continue to go bad for them

Trust Cardoso to make the Naira appreciates again and these guys will have stronger reasons double their productivity



As for the enemy of the states, dem go quote me to explain tire....Obidients I mean

Enemies of state?? Hahahahahah. You know what I really enjoy about this your lamentation?
The hardship don touch you no be small.
Yemi Cardoso. The central bank. Bla bla bla bla.
Even in advance economies, federal reserve chairman/chairwoman only have to rely on fundamentals of economics:
1. Increase productivity
2. Increase interest rates ( that way you discourage people from spending)
3. Tighten up other monetary policies such as widening your exports net to yield more forex liquidity and containing/ reducing government debt and spending
Do you not agree that the exact opposite is happening in Nigeria?
You know who the real enemy is? You. For refusing to call out corrupt officials.

One quick question if they lost that much, someoelse must have gained that much. Who is it?
Nigeria?
Foreign companies?
Who?

experience16:

I tried to understand how Nigerians reason. Which Nigerian has deemed it fit to invest in Nigeria without enslaving Nigerians that work for them with hostile working environment and toxic conditions of service , with terrible remuneration. Nigerian don't know how to manage business but kill it. Check out how many Nigerian businesses, that are owned and managed by Nigerians that are thriving in Nigeria,to a reasonable extent,less than 5%

True..... but the same can be said of foreign businesses ... which often treat locals worse. Let's not even include those in Free Zones. Shouldn't we be trying to invest in ourselves?

My popcorn business also collapsed .My popcorn business also collapsed ....

Even General Abacha is angry at the other side ... I don't know who he is referring to as Chief whether it the President or the other man

2

Clobisman:

It's easy to mention those conglomerate what about medium factories like some of us operate. I can't even start mentioning all the loss I accrued last year. It has never been so bad business wise like last year for some of us.

I have an oxygen plant under construction in Owerri. I've already invested around 28M in the factory so far but I've decided to stop the construction for now and see if things will improve in this country. No use continuing when I'm not even sure I'll recoup my capital.

I honestly pity people who are doing business in nigeria. the government isn't helping at all

You didn't tell us how much they gained when there was no depreciation of naira value. . Try to be balancing your report. Business climate is not static .. they should have foreseen all that is happening now when Emefiele was helping them to pad everything paddable.. we were living on fake economic values then .. Now that Emilokan knew that Debt would destroy his agenda he had to apply his instinct to do the needful . The father Christmas of Nigeria Govt is enough .

Righthussle:
No need to panic. Naira will appreciate soon. Deputy god is on the matter but there seem to be a little problem. It seems his god is mistaking naira for dollars. Ever since he made the decree, dollars has appreciated even more. Daddy G O made this decree when 1$ was equal to #200 , now 1$ is equal to #1200.

lol

Originalsly:
They've made enough .... they should leave and let us develop our own industry using our resources.

u are doing yourself.

Omooba77:


https://punchng.com/cadbury-guinness-others-lost-n472bn-to-naira-depreciation-report

That's commulatively a huge loss. Share dividends would definitely be cut.