Obi lamented that companies like GlaxoSmithKline, Equinor, Sanofi-Aventis, Bolt Food, Procter & Gamble, Jumia Food, PZ Cussons, Kimberly-Clark, Diageo and others have exited Nigeria, while citing consistent reasons. He urged the government to prioritize security, stabilize policies, and reduce energy costs as a way for multinational companies to strive in Nigeria. Posting on X, Obi called for a culture of transparency, accountability, and good governance.
According to The New Telegraph, in the last year alone, over ten multinational giants such as GlaxoSmithKline, Equinor, Sanofi-Aventis, Bolt Food, Procter & Gamble, Jumia Food, PZ Cussons, and Kimberly-Clark, Diageo and others, have exited Nigeria, citing eerily consistent reasons.' The former Anambra governor blamed the exit of these multinational companies on governance and leadership.