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Nairaland Forum / Nairaland / General / Politics / Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu (2572 Views)
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Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by SSFeedsNigeria: 10:14am On Aug 09, 2023 |
Something terrible and scary is happening to Nigeria but many aren't even aware. Since Tinubu emerged as president, virtually every sector of our economy is fast collapsing. Thousands of SME's are closing down everyday across Nigeria while big corporations are selling off their assets in Nigeria and moving elsewhere! Millions of people have joined the unemployment market and others will soon join too if nothing drastic is done to save our economy. Already, the latest data on global employment reported that Nigeria currently has the world's highest unemployment rate. Yet it keeps getting worse! Below are some of the sectors and companies that have already left or about to do so in the last few months alone: https://www.google.com/url?q=https://www.premiumtimesng.com/news/top-news/514401-why-oil-majors-are-selling-their-assets-and-leaving-nigeria-kyari.html&sa=U&ved=2ahUKEwjn-ujRmM-AAxVnWkEAHQlnD-gQFnoECAMQAg&usg=AOvVaw1_JnwPgUBaN3R2ap3Hd9vl https://www.google.com/url?q=https://punchng.com/more-multinational-manufacturers-planning-to-exit-nigeria-man/&sa=U&ved=2ahUKEwid6Z3Gmc-AAxWPSUEAHQQoA1IQFnoECAAQAg&usg=AOvVaw0RHYthkpfCAgtNkMfExpF_ https://guardian.ng/features/weve-been-choked-poultry-industry-nears-total-collapse-farmers-cry-out/? https://www.google.com/url?q=https://businessday.ng/companies/article/gsk-to-exit-nigeria-after-51-years-of-operations/&sa=U&ved=2ahUKEwjRg4Svl8-AAxXrTUEAHT2ACN8QFnoECAIQAg&usg=AOvVaw08Kz1_e9IlA8w7sTf1g7pO “As a result, millions are losing their jobs and our poverty index is worsening, even though we're already being perceived as the world’s poverty capital. The multinationals that are leaving our country have not only created jobs but have created immeasurable training that contributed immensely to our human capital development over the years. “Now they are leaving our shores one after the other. GSK which has a manufacturing facility in Agbara, Ogun State on over 25 hectares of land had directly employed over 400 highly technical workers like pharmacists, microbiologists, biochemists, chemists, dentists, doctors etc, and also employed over 1000 other staff. Unfortunately, some Nigerians are still playing politics of tribalism and religious sentiments while the president is more concerned about a coup in Niger republic. What happens when everything collapses? Who will save Nigeria or is this end?! 1 Like 2 Shares
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Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Wainey: 10:17am On Aug 09, 2023 |
The things most of us don't know is that, Nigeria is dying slowly and if a desperate measure isn't taken, Nigeria may not survive another 30years, we are in a slow but peaceful death. What Tinubu did was to take measures that will avert this painless death, we are either to chose the painless death or the painful recovery. Take it as giving a malaria patient some medication, the effect of the drug is sometimes more sever than the sickness itself, but that recovery fever is temporary. My concern is does Nigerians have enough strength to survive the painful recovery? What is the govt, both local, state and federal putting in place to help Nigerians survive the hard times? 8 Likes 2 Shares |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Alchemy528: 10:17am On Aug 09, 2023 |
Ok |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by pharmagba: 10:22am On Aug 09, 2023 |
Reverse is the case All sectors are now breathing with new ideas and setting up for growth 4 Likes 2 Shares |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by phorget(m): 10:26am On Aug 09, 2023 |
Blame Ebola. 4 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Fifthaout: 10:26am On Aug 09, 2023 |
I just hate piiiggs Bunch of sore losers! 6 Likes 2 Shares |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Racoon(m): 10:30am On Aug 09, 2023 |
Nigeria is just jumping from fraying pan to fire. 4 Likes
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Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by CodeTemplar: 10:54am On Aug 09, 2023 |
When hunger want to finish them, they will become serious at the last minute and start fighting northern bandits as well as posting the pictures. |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by CodeTemplar: 10:56am On Aug 09, 2023 |
Racoon:theft and crime has risen at a time harvest of crop is suppose to ease living standard burden. It has never happened before. 2 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Holluwhakemmy(f): 11:05am On Aug 09, 2023 |
Fake News From Alaigbo social media 2 Likes 2 Shares |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Enice(m): 11:14am On Aug 09, 2023 |
SSFeedsNigeria:Oga, stop wailing! Campaign is over. GSK yen! yen!! yen!!! Apple producing iPhone parts in China, does that mean US government is not performing? Rubbish. GSK will still sell their products in Nigeria. It is just the business model they want to implement. 2 Likes 2 Shares |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Lovelive: 11:15am On Aug 09, 2023 |
See them above my comment. They (Agbado -rians / Bat -stards) will disagree with you just to please their ego but in reality they are really suffering even more than the Obidients. They are Mrs/Mas perfect. So irritating ! Spit !!! 2 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Nice2023(m): 11:33am On Aug 09, 2023 |
Many organisations are secretly sacking workers unannounced while the poor and destitutes are groaning. The middle class are already confused and disappointed. |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by SSFeedsNigeria: 11:35am On Aug 09, 2023 |
Enice: “Now they are leaving our shores one after the other. GSK which has a manufacturing facility in Agbara, Ogun State on over 25 hectares of land had directly employed over 400 highly technical workers like pharmacists, microbiologists, biochemists, chemists, dentists, doctors etc, and also employed over 1000 other staff". Same is happening with all those companies and businesses closing shops across Nigeria. I know you've sold your soul for agbado but you should have some shame, no matter how little. Read that part I highlighted above and tell me if you're normal. So GSK closing their factory in Ogun state, and employing 1400 skilled people in another country instead of Nigeria is okay to you?! Just imagine the things I'm sharing a country with💩🤡😡 4 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Burob: 11:50am On Aug 09, 2023 |
Racoon:You still dey wail? Before the elections we warned you no follow Gringory Obi before the election. 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Enice(m): 12:57pm On Aug 09, 2023 |
SSFeedsNigeria:Mumu! Companies downsizing or closing factories does not mean the country of operation is its reason for doing so. In this case, it's because of the business model they want to operate. Stop blaming government. Like I said Apple builds the iPhone in China but sells in America. Does it mean the American government pursued them? No. It's just a business model to maximize profits. 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by ruggedtimi(m): 1:51pm On Aug 09, 2023 |
I will keep saying that na Yahoo Yahoo they make us feel say there is money in Nigeria... 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by SSFeedsNigeria: 2:20pm On Aug 09, 2023 |
Enice: Can you do sensible Nigerians a favour and stop writing rubbish?! It would be a total waste of resources if you completed secondary school yet remain so daft. I will certainly sue all the schools you attended for a full refund if you're to be my child. So, an investor will suddenly close shop after investing billions in Nigeria if the economy is okay? Your sense didn't tell you they're divesting to invest elsewhere. Create jobs there and bring same products to you without contributing anything to your economy again? If Nigeria's economy isn't being destroyed by the bandits in power, do you think all these companies and businesses will be closing shop in droves? Tinubu is so useless he couldn't even get intelligent people to run his stupid propaganda. 3 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by NSNO(m): 3:07pm On Aug 09, 2023 |
Wainey:Thank you for this. This is what alot of people don't understand. Without this painful measures that Mr. Tinubu is taking, Nigeria will die slowly. I still don't think that he is the best man for the job but I support the economic reforms he is implementing. |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by ElSudani: 3:13pm On Aug 09, 2023 |
Holluwhakemmy: IPOB Bureau of Misinformation 2 Likes |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Ikpunnegi01: 3:27pm On Aug 09, 2023 |
Fifthaout:Instead of you to counter those reports, you're here opening up your dutty mouth.. Prove the report wrong! |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Cromagnon: 4:24pm On Aug 09, 2023 |
SSFeedsNigeria:you stop relying on oyinbo and start your own companies 1 Like 1 Share |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Nobody: 4:26pm On Aug 09, 2023 |
Wainey: How do you come about this wonderful discovery? Does Tinubu himself know what he is doing? 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Wainey: 4:33pm On Aug 09, 2023 |
Skyview01:Anyone with the slightest knowledge of economics knows that the two major policies is to revamp the country. So yes, I bet Tinubu who set these things in motion have an idea of what he is foing 1 Like 1 Share |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Nobody: 4:34pm On Aug 09, 2023 |
Wainey: I will ask you the same question 4 years down the lane and i would hope you will still stand by your answer. |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by TrustNone: 4:36pm On Aug 09, 2023 |
Nice2023:do you know up till this VERY moment pensioners have not been paid 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Nobody: 4:40pm On Aug 09, 2023 |
Still won’t give you your ipob president 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by SSFeedsNigeria: 4:40pm On Aug 09, 2023 |
Cromagnon: Lol, are indigenous companies doing any better under this scam government? Are you aware that thousands of small businesses have been closing down since Tinubu took over? 1 Like |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by Wainey: 4:41pm On Aug 09, 2023 |
Skyview01:Lolz, i do not have Nairaland as part of my sex organs, so the chances of me still active on NL four years from now is very slim, especially when tribal fights are the norm on the streets of NL. All I am saying is that, the situation of Nigeria needs a total and acute turnover, else we all drown. These two policies will go along way to put us back on track. |
Re: Graphic Pictures: How Every Sector Of Nigeria's Economy Is Dying Under Tinubu by OkCornel(m): 6:05pm On Aug 09, 2023 |
Nation is at a critical point. It’s beyond Tinubu at this point. Would need intelligent minds in leadership and the patience of the masses (which is fast running out) to turn things around. The rot has been there for decades, however the decline of the nation in recent years is really really steep. |
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