Over 50 companies shut down over forex, power crises – Investigation

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

The lingering foreign exchange and power sector crises have contributed to the shutdown of over 50 companies, ODINAKA ANUDU reports

The lingering foreign exchange and power sector crises have contributed to the shutdown of over 50 companies,More than 50 Nigerian manufacturing companies have shut down in the last five years, according to investigations bySome of the manufacturing companies that have exited the industry in the last five years include: Surest Foam Limited, Mufex, Framan Industries, MZM Continental, Nipol Industries, Moak Industries, and Stone Industries.

These industries are located in Lagos, Ota , Agbara, Jos , Bauchi, Kano, Nnewi and other parts of Nigeria.checked the websites of these firms and found that many were no more functional. Even the contact phone numbers on the websites of many of them were not going through. In some cases, the telecoms companies informed our correspondent that the numbers did not exist.

Similarly, GSK Nigeria closed down its drug manufacturing plant at Agbara, Ogun State, in the third quarter of 2021, and moved into a contract manufacturing alliance with Fidson Healthcare. that his agro-based company was shut down due to the foreign exchange crisis bedeviling the industrial sector.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

It is not a new story.

There's good news for u,if you are living with Diabetes,any damage that Diabetes has caused to your body can be resolve today,by taken my powerful Herbal mixture which is prepared to cure Diabetes,in less than two weeks u will be free from Diabetes,trial will convince u about me.

one expects the Labour Congress to response to issues like this, but...it isn't in the DNA of the current crop of NLC/TUC's leadership to frontally engage the issues & those holding at the jugular, the critical mass & the productive sector. This Labour has lostCourse lostVoice

Hmm 🤔

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Consuming Trash: Unravelling the multi-million cedi business in Ghana’s expired products business (Part 1)It is entirely possible, from the investigation by DUBAWA, that part of this annual sales by the company are proceeds from the unlawful sale of expired products.
مصدر: PremiumTimesng - 🏆 3. / 78 اقرأ أكثر »