blacknp:
Did I stutter?

Brendaniel:


Can you mention their replacements by indigenous or foreign manufacturers for each of the companies listed above and their product line?

Brendaniel:


So you are not among those working and doing something with your life?

blacknp:
I want to be just like you.

blacknp:
You still dey ask this nonsensical question, how many foreign investors in manufacturing did the Agulu Fraudster Gringory bring to Anambra state?

They should leave The Federal Republic of Nigeria, & never come back.

Brendaniel:


And how many foreign investors did Peter Obi chase out of Anambra and how many has Tinubu chased out of Nigeria?

blacknp:
Na shameless lazy people wey no fit help themselves they shout Tinubu.

Brendaniel:


Can you mention their replacements by indigenous or foreign manufacturers for each of the companies listed above and their product line?

Antoeni:
Multinationals that have left Nigeria since when Tinubu took over in 2023:

1—Procter & Gambles - can't compete with Chinese brands
2—Unilever - no innovative products, poor marketing. Consumers moved to other products
3—GlaxoSmithKline - cheaper drug imports from India and China. Couldn't compete
4—Sanofi - couldn't compete
5—Bolt Food - most Nigerians didn't need it
6—Equinor - don't know this company
7—Jubilee Syringe Manufacturing(JSM) - cheaper imports
8—Shell - still very much in Nigeria.
9—ShopRite(Kano outlet) - Shoprite Nigeria is owned by a Nigerian.
10—Kimberly-Clark - couldn't compete with cheaper chinese products
11—PZ - did not innovate. Products became stale. People moved to alternatives
12—Microsoft - it is questionable whether Microsoft needed such a big presence in Nigeria in the first place. Most Microsoft software used here is pirated.
13— ShopRite (Abuja outlet) - owned by a Nigerian. Nothing wrong with a business re-evaluating its branch strategy. Walmart, the world's largest supermarket chain closes poorly performing branches in the US.

DeLaRue:


Sanofi (France) and Glaxo (UK) are simply not going to survive in Nigeria selling N1,500 per pack medicine. There are many local drugs manufacturers in Nigeria now. There's also massive import of super cheap basic drugs from China and India. It is like everything, China and India are taking over.

Procter & Gamble, manufacturers of pampers simply couldn't compete with the Chinese brands. Many women will tell you some of the Chinese brands hold water better than expensive pampers.

Kimberley Clarke, another American company faced the same problems with other Western companies. They simply can't match Chinese prices for the same products. Developing countries prefer cheaper goods. Period.

And Nigeria is not the only country where this is happening. Ghana and Kenya are also seeing the departure of Western manufacturing companies.

In a lot of cases, it is an opportunity for local manufacturers.

franchasofficia:
Please update your list and add:


Total Energy Nigeria - still heavily invested in Nigeria. They got a better deal in Mozambique. That's competition. It's not the end of the world.

Jumia Food - Jumia had no business in delivering cooked food. This sort of business may work in America, but most Nigerians don't need the service. Poor decision by Jumia. Nothing to do with government.

Tower Aluminum - I don't know much about this one.


and many more I can't really remember right now

Brendaniel:


So your Yoruba Obas and elders are shameless?

blacknp:
Lazy man, stop crying more than the bereaved, you no get EFCC number?

DeLaRue:
About 600,000 businesses close down in the USA every year. From the UK, Canada, Germany to Sweden and many more, tens of thousands of businesses close every year.

It is inevitable that some businesses will close, but what is more important is the number of new businesses that are created.

Nigerians are creating businesses in their thousands daily. We need to continue to do that. Local businesses create far more jobs than foreign companies create.

We need to take advantage of any gaps left by the few foreign companies leaving.

We can do it.

DeLaRue:


Sanofi (France) and Glaxo (UK) are simply not going to survive in Nigeria selling N1,500 per pack medicine. There are many local drugs manufacturers in Nigeria now. There's also massive import of super cheap basic drugs from China and India. It is like everything, China and India are taking over.

Procter & Gamble, manufacturers of pampers simply couldn't compete with the Chinese brands. Many women will tell you some of the Chinese brands hold water better than expensive pampers.

Kimberley Clarke, another American company faced the same problems with other Western companies. They simply can't match Chinese prices for the same products. Developing countries prefer cheaper goods. Period.

And Nigeria is not the only country where this is happening. Ghana and Kenya are also seeing the departure of Western manufacturing companies.

In a lot of cases, it is an opportunity for local manufacturers.

Ojuntana:
When was the first time

Antoeni:
Multinationals that have left Nigeria since when Tinubu took over in 2023:

1—Procter & Gambles.
2—Unilever.
3—GlaxoSmithKline. Consumer Nigeria Plc,(GSK).
4—Sanofi.
5—Bolt Food.
6—Equinor.
7—Jubilee Syringe Manufacturing(JSM).
8—Shell.
9—ShopRite(Kano outlet)
10—Kimberly-Clark.
11—PZ
12—Microsoft.
13— ShopRite (Abuja outlet)

Paraman:
If you're not a kid, you will know multinationals have been leaving since the days of ibb, abacha, Abdulsalam, obj, Yardua, Jonathan and buhari

Ojuntana:

I know of IBB and Abacha years but I don't know of mass exodus of multinationals under OBJ, Yaradua and Jonathan. You can share them if you know.
But in those IBB years, they were seen as economic calamities

Paraman:
List out 10 multinationals that left under IBB and Abacha years for me to be sure you really know what you're talking about

Ojuntana:

Oh! So you don't even know for a fact that multinationals left under IBB/Abacha years but just defending as usual?

blacknp:
I no be Yoruba, Tinubu victory really pain you igbo people, Kai.

Paraman:
I asked you a question, instead of answering the questions, you dey talk story

You agreed multinationals left under IBB and Abacha... List out 10 multinationals that left under them each

Isaacc729l:
The departure of multinational companies from Nigeria is not solely due to Tinubus leadership, but also a result of various factors.

Antoeni:
You will not understand how bad the Economy is under Tinubu's led APC if you are not a business owner.

MICHEALADEX:
It is stupid to think all of them left because of bad economy


They have enjoyed monopoly for decades and their secrets has been unbundled by indigenous manufactureers

Ojuntana:
Stop calling people lazy when you're a scammer
It doesn't make sense. You sound like the thief on the left hand side of Jesus. An hypocritical thief!

Brendaniel:


So your Yoruba Obas and elders are shameless?

Ojuntana:

I know of IBB and Abacha years but I don't know of mass exodus of multinationals under OBJ, Yaradua and Jonathan. You can share them if you know.
But in those IBB years, they were seen as economic calamities