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Nairaland Forum / Nairaland / General / Politics / Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years (17397 Views)
Minimum Wage: Accept Offer That Won’t Lead To Job Losses, FG Tells Labour / 15 Multinationals Exit Nigeria In Three Years – NECA / Don’t Leave Nigeria, Tinubu Urges Multinationals (2) (3) (4)
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Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by EdiskyHarry: 7:59am On Jul 07 |
Tinubu government blame buhari Buhari government blamed Jonathan Edris abukareem |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by VTJN(m): 8:00am On Jul 07 |
OluwafemiYemi:Are you serious? |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Makamatic: 8:03am On Jul 07 |
Yashita:Batidiot , how can the youths move forward when there's corruption in the country . No work for the youth . It's the duty of the government to create jobs or make the country good to employers of labor . Idiot 1 Like |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by ceejayluv(m): 8:08am On Jul 07 |
Yashita:The cost and ease of doing business in Nigeria is something else, you've to admit. In those countries, does each telecom mast have a Diesel plant? Do manufacturers generate their own power? |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Tradman: 8:20am On Jul 07 |
OluwafemiYemi:u get luck say I no see u one on one,the hot slap go at least 4 of ur rotten teeth |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Shikini: 8:21am On Jul 07 |
Terrible . |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Yashita: 8:22am On Jul 07 |
Makamatic: OK, since you can't have a conversation without calling your mother names, I'd ignore you because silence is the best reply to people like you (fool). Lazy fish brain, continue to wait for your government to come and spoon feed you. 2 Likes |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by PortHarcourtcit(m): 8:29am On Jul 07 |
Unperturbedpota this is fake news from the GBAJUE'S... |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by snowball11(m): 8:32am On Jul 07 |
And some buffoons said this idiot built Lagos! ![]() What a disaster of a man! ![]() |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by anonimi: 8:40am On Jul 07 |
Timmi: If you had any iota of sense, wouldn’t you ask why grouchy old man Baba Iyabo failed to get Ribadu’s EFCC prosecute Atiku’s alleged corruption? Show us how much sense you have. 1 Like |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by DeepSight(m): 8:52am On Jul 07 |
OluwafemiYemi: Are you cursed to suffer or what is your problem? |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by caye(m): 8:58am On Jul 07 |
forgiveness: What are your reasons for saying i.e. Diageo ( Guinness), runs a container based economic system? |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by cardoctor(m): 9:02am On Jul 07 |
National grid shuts down again for the fourth time this year. Even common vulcanizer is struggling to survive. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Blazebond(m): 9:08am On Jul 07 |
Why are we lamenting that selfish foreign companies that have been destroying the country for decades now are leaving? Their leaving have have created a vacuum so any serious government will know how to fill that vacuum with new investors either locally ( which I prefer) or foreign but with strict conditions for those foreign companies that will make sure that Nigeria and her citizens benefit from the move. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Fiscus105(m): 9:11am On Jul 07 |
7arrows: Wen other tribes start saying how its about their tribemen going for election, it would surely go round in all tribes. You cant be relunctant to say other side about ur tribeman and be expecting me to demonise my tribeman. Not even wen ur tribeman had been tested with a particular public office, but instead to say pros and cons of ur tribe man, you are projecting him as SAINT, while saying my tribe man is demon. ONLY A FOOL FOLLOW THAT TRAJECTORY WITH YOU. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by chiefolododo(m): 9:17am On Jul 07 |
The great Tinubulation!! |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by thinkmoney(m): 9:17am On Jul 07 |
OluwafemiYemi:Father God today being 7, 7- first Sunday of the month, make me and my family avoid such a disastrous and disaster loving girl as a wife, business acquaintance or friend in Jesus mighty name. AMEN |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by TOMMYS: 9:19am On Jul 07 |
Yashita: I think The only stiff competition big coys have is the guys in Aba. But the Nigerian government especially the full ani wouldn't want that. They prefer a Ghanian or Cameronian to an Igbo man. Dont be surprised that the reason DStv is holding sway in Nigeria today is because of one Aboki somewhere. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Ironbull: 9:25am On Jul 07 |
Safe journey o them, it is not today we are hearing it. I remember during my man Gej era this was how they talked oh all company left Nigeria because of this because of that so its nothing new, whoever want to stay should stay whoever want to go can go with all pleaaure, the reform journey must be completed. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Lanruze: 9:34am On Jul 07 |
[quote author=TOMMYS post=130833671]For obvious reasons, I don't want to believe the crap of "lack of liquid foreign exchange" bla bla bla is the reason the multinational are leaving. Open your eyes. Something is brewing. The multinationals know a secret we aren't privy to yet. You are smart & observant. Yes, they know what we don't know and it's simple. During the last regime some multinationals lobbied and got FX at official market rates @ less than N450 -$1 and round tripped to the parallel Market @ N600-$1 to desperate Black Market operators. This reason above meant that Government subsidized their differential between the official rates and black market running to over $1.5 Billion monthly which was removed with the floating & unification of the FX regime. Secondly, The scarcity of FX for repatriation is a major factor. The time value of money is in the present. By the time the FX obligations and back logs were cleared it disrupted the operations of those multinationals leading to mind-boggling losses. The.value of the funds to be repatriated had been eroded. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by GorillaApp(m): 9:38am On Jul 07 |
KOMBE:My brother, when that man said that nonsense,we thought it was a gaffe, but right now everything seems clear. He has fulfilled everything he said. It was not a mistake |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 9:54am On Jul 07 |
Tjra: But Obiano confirmed that the funds used for the airport was from PO's savings also Soludo when he was campaigning hailed PO. Try and have sense to know when someone is trying to score cheap points to when someone is being two faced. 1 Like |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by frankson1(m): 9:55am On Jul 07 |
Multinationals with no mention of TotalEnergies, SPDC, Mobile, Spie etc. Mtchewww... |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 9:55am On Jul 07 |
Tjra: How do you mean ungrateful? Oga thisbyour entitlement spirit is making you sound foolish. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:00am On Jul 07 |
Slytiger: Youbare doing the same thing expecting a different result. This is becoming stale, you should be smart enought to know this. I know for one that you will reply me with another screenshot in your desperation. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:01am On Jul 07 |
Slytiger: Try and shut up have shame for once in this your miserable life. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:02am On Jul 07 |
forgiveness: Dobyou really believe the rubbish you just said? These multi nationals especially in the FMCG invested heavily in backward integration. If you have no idea why not just keep quiet. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:04am On Jul 07 |
Yashita: How can local replace them in an economy that kills businesses? |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:05am On Jul 07 |
Yashita: In terms of data it is not true. Have you gone to Ghana to buy data from MTN? You people should leave tribalism and speak truth to power. |
Re: Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years by Realtruth2023: 10:13am On Jul 07 |
Lanruze: I think it is high time you BAT supporters face the true reality, Nigeria's market is no longer attractive as it used to be. Our purchasing power or the purchasing power of the average Nigerian has been badly eroded. We have 200m population approx, but what is the effective population that can consistently buy your goods to ensure profit? If truly our market is attractive how come shop rite is closing shop, Ebe ano has halted expansion and other companies too are affected? See face reality right now our population is our biggest problem at the moment because the unemployment rate is high and the businesses are shrinking or closing down. |
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