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Nairaland Forum / Nairaland / General / Business / P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch (30372 Views)
P&G To Dissolve Ground Operations In Nigeria, Revert To An Import-only Business / Mike Adenuga Loses $300 Million / Correct Facts About Why P&G Is Shutting Down Its $300 Million Agbara Plant (2) (3) (4)
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Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Suregiver48: 8:46pm On Jul 04, 2018 |
izzou: moflix have started production in Agbara. They have a very big factory there..They are in control of 48% of diapers market now..That one of the reason p&G is bleeding now..They lost one of their cash cow.moflix is been produced by Hayat firm in Agbara |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Suregiver48: 8:49pm On Jul 04, 2018 |
bodejohn: that What people don't know. and worst is that since they lost the diapers market to Hayat they haven't recovered from the shock.Hayat gave them a deadly blow when they didn't expect it. |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Suregiver48: 8:51pm On Jul 04, 2018 |
damose12: light isn't an issue at agbara. most area there can boost of 2days of uninterrupted power supply. The problem is that IKedc normally give them crazy bills at the end of the month. |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Suregiver48: 8:58pm On Jul 04, 2018 |
Cersei: You just spoke the truth..Hayat Kimya dealt a deadly blow to P$G with their cheap Pampers. Even Ariel is not spared as,other cheaper alternative keep coming up day by day....The problem of P$G started when Hayat took over the market from them. |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by bodejohn(m): 9:09pm On Jul 04, 2018 |
Suregiver48: Even this fact is less than what the people there did to the company and their colleagues. You will be surprised at the underhand dealings that sunk that place. Unfortunately, most of the people who ran the company down let before the complete collapse. |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by franchasng: 9:14pm On Jul 04, 2018 |
Organism000:Okay thanks for the info |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by romeorailss: 9:26pm On Jul 04, 2018 |
bodejohn: Very true bro . U damn correct o |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Nobody: 9:57pm On Jul 04, 2018 |
xclusiveguy4: Baba are they bigger than BlackBerry and Siemens? Companies make errors in business due to negligence on the part of their staff. Haven't you heard of Toyota and other multinational auto corps recalling cars at major losses? Business is a risk bro. No one is 100% immune except you don't want to grow. The best you can do is try to minimise risk but when situations change, to become vulnerable |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by crunchyg: 10:33pm On Jul 04, 2018 |
Organism000:I need something personal but if it's not conducive for you, it's ok |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by karlboss: 12:39am On Jul 05, 2018 |
smallsmall: The rate at which guys talk rubbish is rather annoying don't you know most companies in Africa that have a branch in Nigeria are always affected if anything happens to their Nigeria branch because Nigeria has the biggest market so companies invest huge here. Eg when Mtn was fined by buhari govt Mtn that was no 1 brand in Africa dropped to no 9 in Africa because of only Nigeria. Mtn has other branches in Africa but they were affected by buhari move. It's the same thing here |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by BetaThings: 4:27am On Jul 05, 2018 |
kayfra: Forget the P&G issue Is Nigeria really a competitive place for manufacturing? Nigerians are fraudulent and impose undue burden on businesses Those who can get away with it try to game they system but a big western company like P&G can hardly risk being caught paying bribe “It is so expensive to import these raw materials which are not produced in Nigeria. Other companies take the short cut by maneuvering the system, but we cannot,” a top official of the troubled firm disclosed |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Afrocentric: 6:52am On Jul 05, 2018 |
Boss13:they did but they didn't know an idiot like Buhari will emerge president |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by xclusiveguy4(m): 7:02am On Jul 05, 2018 |
Lucid1: If not for Buhari regime all this won't have happened |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Edge1(m): 9:35am On Jul 05, 2018 |
slimfit1: Then he dafvk outta NL and make it available for them. Anumanu |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by mercyville: 2:55pm On Jul 05, 2018 |
karlboss: The corrupt thing happened in 2016 in Italy.His view holds no water. https://mobile.reuters.com/article/amp/idUSKCN0ZM27B |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by Nobody: 9:52pm On Jul 05, 2018 |
Organism000:Ok sir. Seems you have it all planned out. All the very best with your business endeavours and God be with you all the way.. |
Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by BuzChi(m): 6:40pm On Sep 12, 2021 |
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Re: P&G To Shut Down $300 Million Nigeria Production Plant, A Year After Launch by funshint(m): 10:37am On Oct 24, 2021 |
They are about to sell or franchise out their last remaing plant in Ibadan between now and December. So sad! |
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