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Nairaland Forum / Nairaland / General / Politics / 15 Multinationals Exit Nigeria In Three Years – NECA (15109 Views)
Economic Crisis: Job Losses As 16 Multinationals Exit Nigeria In 3 Years / Multinationals Leaving Nigeria Due To Foreign Exchange Woes – Edun / Don’t Leave Nigeria, Tinubu Urges Multinationals (2) (3) (4)
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15 Multinationals Exit Nigeria In Three Years – NECA by iwaeda: 5:30pm On Jan 10 |
The Nigeria Employers’ Consultative Association, the umbrella body for employers, has disclosed that at least 15 multinationals have either divested or partially closed operations in the country in the last three years. https://punchng.com/15-multinationals-exit-nigeria-in-three-years-neca/ 3 Likes
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Re: 15 Multinationals Exit Nigeria In Three Years – NECA by BigBlackPreek(m): 5:46pm On Jan 10 |
Port Harcourt that use to house many multinational corporations including oil companies and oil servicing companies have become a shadow of itself in terms of job opportunities SMH 43 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Melagros(m): 5:52pm On Jan 10 |
BigBlackPreek:Exactly my brother, today I visited some offices and banks branches everywhere was quite 25 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Melagros(m): 5:53pm On Jan 10 |
And we have president ooo 22 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by ambale(m): 6:35pm On Jan 10 |
Na strong men dey do business in this country ooo You are almost assured that you will be spending more than 50% of your revenue on light, not to talk of payment of staffs, maintenance and the rest expenses And Government sef no gree help the matters 31 Likes 1 Share |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Brendaniel: 6:38pm On Jan 10 |
BigBlackPreek: Oga keep supporting wicked and nonsense governments like Buhari and Tinubu's own and then come and keep complaining ......... Do you people ever learn? 34 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Ofodirinwa: 6:38pm On Jan 10 |
Africans are clowns. You will continue courting 'FOREIGN INVESTMENT' as if it is a good thing. You will not ask yourself what is good about it. Ok it 'creates jobs', but the minute one kpim happens, they pack up and leave. Imagine creating useless jobs that disappear when the economy is bad. Mind you, when the economy is bad is when you need jobs. So now you have a situation where when an economic problem is supposed to be a 2, it immediately becomes a 10 because you're depending on people who are ready to run when any sign of stress appears. Please. Let them leave, and let us stop trying to pretend that 'multinationals' are worthwhile assets to ANY economy. 11 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by BossGerald: 6:42pm On Jan 10 |
You can never see tilumbu praise singers here...never! Failed people 25 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by LOVEALAIGBO: 7:34pm On Jan 10 |
Ofodirinwa: I think multinationals have their place in a developing/3rd-World economy such as ours! They bring in technology, training, adherence to health and safety in the workplace and better staff welfare! All they ask for is a responsive and responsible gov’t in the country they operate in….as well as predictable economic metrics they can use to plan ahead and not incur losses that wipe out any little profit they make! This is where Nigeria is lacking! 43 Likes 1 Share |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Ofodirinwa: 7:50pm On Jan 10 |
LOVEALAIGBO: bro, this is IMF propaganda you're repeating, and the IMF is a propaganda wing for western companies to exploit 3rd world countries. What technology can't you google? 2 Likes 1 Share |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by MadamExcellency: 8:08pm On Jan 10 |
Ofodirinwa: Ignorance has eaten you. How much do Nigerian companies pay? Training employees? Living wages? No. Technology transfer of technical know-how, nothing. 36 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Kukutente23: 9:22pm On Jan 10 |
APC is a scourge on the land It is a locust devouring and not building May God deliver Nigeria from the locust and her supporters 4 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Kukutente23: 9:25pm On Jan 10 |
Ofodirinwa:There's a lot of ignorance in this post You should delete it 28 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Ofodirinwa: 10:21pm On Jan 10 |
MadamExcellency: Bro you sound like 1972. What is technical transfer in 2023? I can google how to make a nuclear bomb, refinery, etc and not only will I have a full instructions, I will find 100 videos of a person showing me step by step. I can contact an expert, pay them and have them teach me over zoom. Or do you think that Shell being in Bonny has not made that average Bonny person knowledgable on how refineries are built and work? What do you think education is for anyways? lol You are reached the limit of your critical thinking and now you're insulting the guy at the other end of your dead end cage. What is even stupid about what you're saying is when something technical needs to be done, 'foreign investors' bring their kins men to do it. Keep believing in dead IMF propaganda without logic 5 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Ofodirinwa: 10:25pm On Jan 10 |
Even the alleged living wages. Ok, 20,000 living wages have disappeared this year because of what? 2 Likes 1 Share |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by iwaeda: 10:53pm On Jan 10 |
Nlfpmod, Indeed, APC years are years of LOCUSTS. 1 Like |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by JagabanB: 11:21pm On Jan 10 |
Ofodirinwa:They will tell u that u are saying this because u support Tinubu. I for one h8 foreign investments. Sign of distress, they will pull out. What I always advocate for are indigenous companies, Dangote cement will not foId because of economic distress but it can foId from Zambia or Ghana because of that. 6 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Ofodirinwa: 11:34pm On Jan 10 |
JagabanB: exactly. You'll get one useles company that is nothing in their home, the government will give them free land, no taxes, no regulation, so that one useless governor or president can take a picture with a white man that doesn't even have the respect to dress up. The useless company will operate for 2 years, then they will hear that somebody had a car accident in the same town they're in, pack up and run away. Whatever nonsense job the create, gone. At that job, they will be abusing all the blacks in the blacks country, shoveling nigerian money to foreign bank accounts and we'll still be talking about 'they created jobs'. Why not give the free land and tax incentives to a local company? What about a company being foreign makes it a better 'investor' than a local one? If you give that free land to Dangote, or Ibeto, or Glo, what makes that worst than one useless Chinese company? IMF brainwashing. 5 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by JagabanB: 11:41pm On Jan 10 |
Ofodirinwa:The Dangote u are mentioning are too big, there are so many SMEs that wants to go big, instead of these foIks to advocate and clamour for investments in the teeming youth population by encouraging entrepreneurs, they are móàning about foreign companies. I always appreciate foreign companies foIding up, I am looking forward to when MTN wiII foId up but trust me it will be used as a poIitical tool when it happens. Nigerîàns prefer politics than societal growth. Móàning about those foreign companies is not because they are interested in growth, it's because they want to use it as a yardstick to say the government is faiIing and hide behind the pretence of wanting growth, if they really want growth, clamouring for support for local companies should be at the top of our priority. 7 Likes 2 Shares |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Parachoko: 7:20am On Jan 11 |
Fake News. There's no Multinational Company operating in Nigeria again because of Tulumbu 2 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by iwaeda: 7:57am On Jan 11 |
Parachoko: |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by adesegun121(m): 8:22am On Jan 11 |
Bye bye |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by PriceActionZ: 8:24am On Jan 11 |
And 1000s of local businesses killed. |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by sniperr007(m): 8:26am On Jan 11 |
BigBlackPreek: When you vote clowns eg wike,Buhari etc What do you expect |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Shikini: 8:27am On Jan 11 |
I remember what it took Okonjo-Iweala & GEJ to bring P&G to Nigeria . 5 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by CandidAdmin(m): 8:27am On Jan 11 |
How many locals companies has been killed? 6 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Antoeni(m): 8:27am On Jan 11 |
Anything Tinubu Touches Dies 5 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by sniperr007(m): 8:27am On Jan 11 |
The government is not bothered about this trend as they lack ideas and enthusiasm to improve Nigeria. 5 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by Kruzxx: 8:28am On Jan 11 |
Ofodirinwa: So local companies don't fold up ? 12 Likes |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by opera1(m): 8:29am On Jan 11 |
Na dem sabi |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by alizma: 8:29am On Jan 11 |
BigBlackPreek:Who should we blame? |
Re: 15 Multinationals Exit Nigeria In Three Years – NECA by RepoMan007: 8:29am On Jan 11 |
Five per year. Elo fi okan bale. |
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