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Nairaland Forum / Nairaland / General / Business / Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria (30150 Views)
Etisalat May Leave Nigeria Over $1.2bn Loan Default / Erisco Foods Quits Nigeria, Heads For Kenya, Three Others / Erisco Foods Shuts Down Nigeria’s Factory, Relocates To China (2) (3) (4)
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Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by alawi5k: 7:15pm On Oct 05, 2016 |
An indigenous firm, Erisco Foods, has said it may be forced to shut down its production in the country due to its inability to access foreign exchange from the Central Bank of Nigeria for the procurement of machinery. http://www.dailypost.ng/2016/10/05/forex-erisco-foods-threatens-fire-1500-workers-leave-nigeria/?utm_source=snap_dp1&utm_medium=twitter 3 Likes 2 Shares
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Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by fran6co(m): 7:20pm On Oct 05, 2016 |
c watin wrong policy de cause... y nt save this job that is abt to b lost before u bring the one wey those who believe in change are waiting for. 7 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by SharkTank(m): 7:22pm On Oct 05, 2016 |
If you listen to this man's speeches, you could tell he is super passionate about his work. But the pull him down syndrome of the northern oligarchy sucks 147 Likes 11 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by luvinhubby(m): 7:28pm On Oct 05, 2016 |
Mmadu efukwe nu na dis country. ![]() 70 Likes 3 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by MadamExcellency: 7:37pm On Oct 05, 2016 |
As I always say, Buhari is not business friendly. The CBN is keeping the forex for Dangote, notwithstanding that some of his business interests in other African countries is sapping our scarce forex. Forget about the soundbites, Mr President's standing order to CBN cannot be overrule hence Erisco should approach a commercial bank for a higher exchange rate and consequently transfers the cost to the consumers. 104 Likes 7 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Ahmed0336(m): 7:37pm On Oct 05, 2016 |
Honestly FG should do something to save our Local Manufacturers in need of Dollars. 32 Likes 1 Share |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Nobody: 8:26pm On Oct 05, 2016 |
“It is difficult for indigenous manufacturers to access forex despite CBN’s promise to manufacturers that they will allocate 60 per cent of foreign exchange to them.this is one of the reasons why the economy was plunged into recession, the govt is just so irrational ,indolent and insensitive. The worst thing is that Buhari is lying to investors that Nigeria is now very safe for doing business and that investors are falling over themselves to come and invest in Nigeria even when it is glaring that investors are pulling out of the economy due to the harsh business environment. Buhari should reshuffle his cabinet members and engage seasoned and veteran economists, and also he should not always restrict the decision making to himself. 96 Likes 6 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by lielbree: 8:53pm On Oct 05, 2016 |
![]() Enjoy your change 60 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by mbahdi(m): 8:53pm On Oct 05, 2016 |
Next time when Nigeria hear change there wl b lik U mean siae or change 38 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by BrutalJab: 8:53pm On Oct 05, 2016 |
Brethren, let's blame GEJ. 76 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Sibrah: 8:54pm On Oct 05, 2016 |
The blame Buhari crew 1 Like |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Sibrah: 8:55pm On Oct 05, 2016 |
BrutalJab:Imagine just one of those $250k bundle used for election going to Erisco foods. 9 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by FagsamPHP(m): 8:55pm On Oct 05, 2016 |
Buhari has run this country aground, the bomboclat idiotic President has no solution to this country's problem...... More people getting unemployed day by day cos of the Bomboclat called Buhari's policies 64 Likes 4 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by recievesense: 8:56pm On Oct 05, 2016 |
Buhari has revived the economy 3 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by adewumiopeyemi(m): 8:56pm On Oct 05, 2016 |
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Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by sunnyp20(m): 8:56pm On Oct 05, 2016 |
Buhari destroying Nigeria since 305Bc 46 Likes 5 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by VampireeM(f): 8:56pm On Oct 05, 2016 |
Some politicians have access to forex from their sitting room at the official rate meanwhile manufacturers are crawling for forex just to import machineries and co.. PMB and his economic team needs to hide their heads in shame.. Just in a year and some months PMB took over power, almost a million Nigerians have lost their jobs due to their archaic policies.. #IncompetentGovt! 62 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by adehab: 8:56pm On Oct 05, 2016 |
The Change is Changing Leaving the Country.. Bye 9 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Jamez122: 8:56pm On Oct 05, 2016 |
ok 44 Likes 1 Share
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Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Sirmuel1(m): 8:57pm On Oct 05, 2016 |
Sai Baba!!! ![]() Sai Baba!!! ![]() Sai Baba!!! ![]() Very use.less man 52 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by SamuelAnyawu(m): 8:57pm On Oct 05, 2016 |
Buhari why ![]() ![]() ![]() ![]() GEJ we are so sorry ![]() 56 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by BrutalJab: 8:57pm On Oct 05, 2016 |
Sibrah: Imagine, If the billions of naira used to search for groundnut oil in the Chad Basin were given to them nko. Abi the 40milli bag ![]() The amount they used to hire a new media AIDS nko? Mr Imagine ![]() 71 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by dedons: 8:57pm On Oct 05, 2016 |
God punish Bullharry and all his blind supporters. Hit like if you agree and share if you don't. 72 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by Yeligray(m): 8:58pm On Oct 05, 2016 |
I don't know why but i still believe in my country.#d love 2 much#. 3 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by saintkel(m): 8:58pm On Oct 05, 2016 |
My ist job was here, Erisco Makurdi branch. A nice one though. 11 Likes 1 Share |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by oluwasegun007(m): 8:58pm On Oct 05, 2016 |
gfff |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by vengertime: 8:58pm On Oct 05, 2016 |
Na wa o 14 Likes 2 Shares
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Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by magicminister: 8:59pm On Oct 05, 2016 |
This is what every business man is facing! 19 Likes 2 Shares |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by ALISMILE(m): 8:59pm On Oct 05, 2016 |
I've alws know this man's(Erisco) heart is filled with blood 2 Likes |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by ibkgab001: 9:00pm On Oct 05, 2016 |
They should leave 1 Like |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by banio: 9:00pm On Oct 05, 2016 |
Erisco look for Anoda business, you can't compete with Dangote. 1 Like |
Re: Forex: Erisco Foods Threatens To Fire 1,500 Workers, Leave Nigeria by TPAND(f): 9:00pm On Oct 05, 2016 |
Buhari is a curse. Nigeria will be a failed state by 2020 if we don't boot this dullard of a president out of office The only way out of this Dilemma is for the clueless-in-chief, chief excuse maker of the federation to step down as president of the nation. 2000 persons to loose their jobs. Haaaaa, we are in for it, in this country. 39 Likes 1 Share |
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