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Thursday, October 31, 2019

98 Companies Allegedly Exit Nigeria Over Border Closure



There are unconfirmed reports that no fewer than 98 companies have relocated from Nigeria since the closure of the nation’s border by the federal government earlier this year.

He unlisted companies probably sourced their raw materials and logistics through the borders and can no longer operate due to the high post of running their businesses in Nigeria.

There are speculations that the statement made by the national chairman of the All Progressives Congress (APC) after the supreme court upheld his party’s victory that investors who were reluctant about doing business in Nigeria are a pointer to the exit of companies from Nigeria



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