A year ago Procter and Gamble launched its $300m plant in Lagos, after one year of operation the factory would be shutting down operation.
Government policies on importation of raw materials and difficulties in accessing foreign exchange may be some of the reasons why they would be shutting down.
Report have it that over 120 staff have been laid off.
Where do we go from here? Government policies is sending manufacturers away, why is it difficult for government to encourage manufacturers?
Some manufacturer like Michelin closed their factory in Nigeria and moved to Ghana.
120 staff that were laid off have over 400 people that depends on them, government should wake up to their responsibilities.
Government policies on importation of raw materials and difficulties in accessing foreign exchange may be some of the reasons why they would be shutting down.
Report have it that over 120 staff have been laid off.
Where do we go from here? Government policies is sending manufacturers away, why is it difficult for government to encourage manufacturers?
Some manufacturer like Michelin closed their factory in Nigeria and moved to Ghana.
120 staff that were laid off have over 400 people that depends on them, government should wake up to their responsibilities.
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