Social Media Explaining Exodus of Multinational Companies from Nigeria by knnaka January 4, 2024 written by knnaka January 4, 2024 76 As we welcome 2024, Nigerians are counting the number of multinational companies (MNCs) exiting the country in 2023. Within the last ten months, at least five MNCs, including household names in Fast Moving Consumer Goods (FMCG) like GlaxoSmithKline Nigeria, Procter & Gamble, Unilever and Sanofi-Aventis Nigeria Limited, have decided to exit Nigeria by ending manufacturing operations in the country.The major reason cited by these MNCs for exiting the country’s borders on the harsh business environment. Available statistics on Nigeria’s business environment support this claim by the MNCs. Read more here. 0 comment 0 FacebookTwitterPinterestEmail knnaka previous post Explaining Exodus of Multinational Companies from Nigeria: Going Beyond the Single Story next post Rivers Police Arrest Notorious Cult Leader For Murder, Cultism You may also like Rule of Law, Security, and Transitional Justice in... June 24, 2024 Education Reforms: private school for the poor June 21, 2024 Nextier’s Nigeria Violent Conflicts Database June 19, 2024 Release of All On Nigeria Off Grid Energy... June 7, 2024 ALL ON NIGERIA – OFF GRID ENERGY BUSINESS REPORT May 21, 2024 Battlefields and Ballots: Nigeria in 2023 and Q1... May 14, 2024 Empowering Communities: Transforming North-West Nigeria May 9, 2024 Release of the 2023 and Q1 2024 Nigeria... May 7, 2024 The Way Out of Poverty April 30, 2024 The ”How” of Art as a Growth Driver April 17, 2024
