NEWSTOP STORY

Peter Obi laments exit of corporate giants P&G, GSK, others from Nigeria

The presidential flagbearer of the Labour Party in the 2023 presidential elections in Nigeria, Mr. Peter Obi has lamented the exits of companies like P&G, GSK and others from the Nigerian market.

The politician who took to his verified account on X to lay his complaints stated that the business atmosphere in Nigeria was scary and needed a quick fix from the government of the day.

“National greatness and development cannot be pursued in an atmosphere that is scaring away strategic international investors.” he tweeted.

He further clarified that it was exigent for government at all levels to take drastic steps to curb the declining economy of the Nigerian state.

“Governments at all levels in Nigeria must therefore take immediate steps to ensure that institutions of governance are put in place and actively engaging to show that the situation is reversed.”

In a series of tweets, Obi explained what may have led to the big corporations leaving Nigeria and what the government can do to bring about a change.