Against the backdrop of the recent exit of multinational companies from Nigeria, a stalwart of the All Progressives Congress , in Osun State, Olatunbosun Oyintiloye, yesterday urged President Bola Tinubu to wade in by halting the development to save the nation’s economy.
He noted that the recent announcement by Kimberly-Clark, the makers of Huggies, to exit the country is a worrisome development, just as he recalled that GlaxoSmithKline Consumer Nigeria Plc, French pharmaceutical company, Sanofi-Aventis Nigeria Limited and Procter and Gamble, among others, have shut down their operations fully or partially.
He stated: “No fewer than 26 oil companies and investments pulled out and sold their stakes to domestic investors. These include influential oil mining multinationals such as Shell, ExxonMobil and ENI. The Special Squad of the Delta State Police Command deployed to Ughelli has arrested three suspected armed robbers with one Beretta pistol and one locally made cut-to-size gun in Sapele town.
The candidate of the New Nigeria People's Party for the forthcoming governorship election in Ondo State, Gbenga Edema, at the weekend, took a swipe at the state government over its resolve to oppose and challenge the Federal Government on the suit over local council autonomy. The leader of the Ijaw nation and elder statesman, Edwin Clark, has said the Minister of the Federal Capital Territory , Nyesom Wike, is loyal only to himself and nobody else, “not even to the Ijaw people who supported his political rise.” Clark's statement comes in response to claims by Senator George Sekibo of the…