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.

7arrows:


They didn't insist on change they insisted on tribe.

The only tribal candidate in 2023 was the agulu fraud.

Let's handle your ebay and amazon orders

Slytiger:

He is much better than the agulu fraud trying to use gbajue on Nigerians. After Atiku, the next on the list will be Kwankwasiya or SUG president (Sowore).

Dream on Slytiger! Dream on boy!!

It shows these companies are leeches. They are container economy based companies.

They did nothing to improve production in Nigeria by investing in production of local materials. All they did was importing and exporting.

.

anonimi:


Obasanjo is a grouchy old man who is bitter about his benefactor generously allowing him to run for re-election in 2003 when he could have succumbed to pressure by northerners who finally convinced Abacha’s PTF a-looter associate to run back then.

You are the unfortunate simpleton who needs to get his own head examined in Yaba left for believing Obasanjo’s wicked lies to deprive our country of Atiku’s better governance policies in privatisation for widespread economic development, jobs and prosperity for everyone.

Wow anonimi, I thought you still have an iota of sense. Surprised to know by your vituperation that sense is no longer common in your root.

TOMMYS:
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.

These multinational have something synonym to each other. They import all their materials from abroad but claim they are manaufacturing industries.

They are importers and never invested in sourcing their materials from the local market.

To be honest... yorubas destroyed this country....all because of tribalism

Timmi:


Why not you ShogunNoName start and lead the riot. Make sure your entire family - mama o, papa o, girlfriend/wife/side chick/mid chick/front and back chick, etc are in your riot group, don’t forget your village people too. Mtcheeew

Well unfortunately I can afford to buy whatever the price things are. It's for those who can't like you. You are suffering and starving but you are waiting for me who isn't suffering like you to start a riot? This is the mentality of you poor people that keeps you people suffering.
When I want to change my terms of employment I don't come to social media to seek your support i act.

So now you need to demand better living conditions stop waiting for me.

Mugu

OluwafemiYemi:
Tinubu is doing well. Ipob rest.

You may be an APC member or a Supporter of tinubu but I believe you ain't exempted in feelings of the current state of the biting economy in the country

Let's be able to say things the way they are.

Tinubu isn't doing well and you know, even you too can attest to the worst state of the economy in all ramifications hence the exit of these multinationals

Let's be bold to say things the way they are .

If the westerners go, let us encourage the easterners to come, Nigeria is a land that flows with milk and honey.

We cry foul too much in this country without action.

If multinationals exit, what happens to nationals taking over and recreating what left (even if na close product)?

Instead of us to think of how to replace them immediately with our local production, na to dey lament.

Nigerian youths & Lamentation na 5 & 6.
Them use lamentation do us.

forgiveness:
It shows these companies are leeches. They are container economy based companies.

They did nothing to improve production in Nigeria by investing in production of local materials. All they did was importing and exporting.

And the truth be told. Most of them, their products are overpriced. They've made a hell of money from Nigerians and our government accepted it.

Look at the prices/costs of data from MTN/Airtel/etc. in telecommunications. Do you know that Nigerians pay the highest for data, even more than most developing countries?

OluwafemiYemi:
Tinubu is doing well. Ipob rest.

He is doing well and almost all the international companies in Nigeria have left instead of them coming.... Fela never made a mistake in calling some people Zombie

Lanruze:
The exit of the Multi-nationals if carefully reviewed may be the biggest blessing for Nigeria in disguise.

Most countries in the world that achieved domestic "Home grown" Economic development did so leveraging the indigenious private sector

Look at what this batidiot is talking about in economics in this century. God how I take share country with this kind person .

A lot of other companies have gone without people knowing. Bayer had to slim down letting go of more than 90 percent of their employees. 2 of my friends that were working there are currently jobless. I know of another Abuja based Seedling multinational company that left last month.

When I dey advise these guys make them japa dem no take me serious. Now FX don cast dem don dey stuck

Yashita:
We cry foul too much in this country without action.

If multinationals exit, what happens to nationals taking over and recreating what left (even if na close product)?

Instead of us to think of how to replace them immediately with our local production, na to dey lament.
Nigerian youths & Lamentation na 5 & 6.
Them use lamentation do us.

Batidiot do you know who are fpi , do you know that dollar investors are sought in all countries over there world ? Chie God see who I they share country with oo

Slytiger:

Vote Atiku in 2027.

. Yoruba Muslim, what are you playing at?

We know your game plan

Slytiger:

He is much better than the agulu fraud trying to use gbajue on Nigerians. After Atiku, the next on the list will be Kwankwasiya or SUG president (Sowore).

. Yoruba man, no mention of tinubu, the ruiner of our dear country

We know your game plan afonjaaa

You are on point with this comment.

Deltafirstson:
Disastrous government with zombie supporters.

forgiveness:
It shows these companies are leeches. They are container economy based companies.

They did nothing to improve production in Nigeria by investing in production of local materials. All they did was importing and exporting.

. Sir forgiveness, admit it. Tinubu and his cronies in APC ruined Nigeria economy

Funny enough you were part of those who foisted this calamitous APC upon Nigerians

That's the legacy of Buhari and entire APC including tinubu
I will pit koruption

If notable multinationals have japaa out of Nigeria because of APC government policies why won't Nigerians not decide to japaa.

OluwafemiYemi:
Tinubu is doing well. Ipob rest.

It will never be well with you if you are still supporting this evil government after inflicting untold hardship to Nigerians. You will die young. Fool

It's a pity that we found ourselves in these terrible situation

If everyone did what was right during the last general election, things certainly would have been different.Inec chair person inclusive

The exit of the Multi-nationals if carefully reviewed may be the biggest blessing for Nigeria in disguise.

Most countries in the world that achieved domestic "Home grown" economic development did so by leveraging the prosperity of its indigenious private sector especially the Manufacturing sector.

Let the Multinationals Go ! They are majorly profiteers, exploiters and opportunist.

Sovereign Countries that conquered poverty did so with home grown solutions with the Buy-in of its prosperous citizens.

Countries like South Korea through the Chaebol, Japan through its Zaibatsu, America through its Corporate Elite group, Britain through its London Stock Exchange Group (LESG) have a sound think- tank and home grown indigenious elitist groups who intervene with policy support from Government on market share, ownership structure, employment targets, protectionist laws limits etc.

Transcorp Nigeria was instituted by the Obasanjo regime solely for this reason i.e To have Nigerian businessmen and women with Nationalistic ideals gradually substitute Multinationals in core sectors of the economy including Hospitality, Manufacturing, Agriculture, Banking, Oil Exploration etc.

Nigeria still remains the most attractive market in Africa based on an intimidating population estimated as over 200m with over 55% as active and youthful.

There is prosperity lurking in Nigeria in ample quantity with transition from Multinational exit to a homegrown Industrial revolution.

Asians have identified this huge potential and have started taking position already. An example is in Tolarams through Diageo and the dominance of the FMCG sector by Asian products through the Lekki Free Trade Zone.

Recent reports indicate that with the exit of GSK Pharmaceuticals there is a big gap in the provision of inhalers for Asthmatic patients with GSK dominating 85% of the Ventolin and Seretide inhalers market share. This leaves patients to pay exorbitant prices and prey to adulterated inhalers. An immediate intervention by a local manufacturer means the demand is already present in a large market of people with medical needs.

The SMEs that have done well for themselves e.g the FINTECH, MFBs, Banks, Pharmaceuticals, Agro-Allied Companies, FMCGs should move swiftly to seeing big opportunities and take action.

Nobody will do it for us !

Another Tinubu's Score card. I missed GeJ

Makamatic:


Batidiot do you know who are fpi , do you know that dollar investors are sought in all countries over there world ? Chie God see who I they share country with oo

What is "Batidiot"? You sound maniac, honestly.

First of all, I'm not political, I really don't care the party on a regime, as long as the leader is moving the country forward. It's about individual zeal, skill & reasoning.

Secondly, wait. So if you don't see dollar investors, you won't find a way to pull your country up no matter what? You're waiting for an external body to come and perform wonders in your country before you help yourselves?

Oya, continue to wait na. Lazy, fish brain. Mcthwww.

O P, please list out those Companies -who had exited Nigeria- for everyone to see and the Dates-it happened.
-Also tell us,those who have taken up those Companies,as replacement for everyone to see.
-Unfortunately,most of information here are for the gaulibles audiences -who just wants to be on Social Media - to entertain, without any Statistical Analysis,to back up their Claims.
Always ready to doll out Big lies to Trend.
-For example,you claimed Diego is leaving -true but another Company too have taken over from Diego and you are silent about that!
No wander,Bad News Sell Fast in Nigeria-and other Parts of the World- that is the Truth.