According to him, the company’s showed how horrific the country is becoming for businesses.
In reaction, Atiku expressed sadness that many international firms are exiting Nigeria due to the harsh economic environment.The former Vice President advised that the government needs to do more to encourage foreign investors. “The planned exit of GlaxoSmithKline from Nigeria after more than five decades of doing business in Nigeria underscores how horrific the environment has become for both local and foreign businesses.
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GSK Company, Other Multinationals Are Sadly Leaving Nigeria Over Government’s Poor Economic Management – Peter Obi | Sahara ReportersThe presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has blamed the proposed exit of the British pharmaceutical giant, GlaxoSmithKline (GSK) from Nigeria after 51 years on poor economic management by the President Bola Tinubu-led Nigerian government. SaharaReporters on Friday reported that GlaxoSmithKline, GSK Nigeria announced its plan to cease operations in Nigeria after evaluating the options for moving to a third-party distribution model for its drugs and consumer healthcare goods.
Source: SaharaReporters - 🏆 9. / 63 Read more »