Stop Multinationals’ Exit, Osun APC Chieftain Implores Tinubu

A chieftain of the All-Progressives Congress (APC) Osun State, Olatunbosun Oyintiloye has decried the recent exit of multinational corporations from Nigeria.

He advised President Bola Tinubu to bolster the economy so the nation would retain and attract more investors.

The former state House of Assembly member highlighted the potential repercussions of multinational departures.

Speaking to newsmen in Osogbo, Osun State today, he identified diminished foreign investment, extensive job losses, and economic downturn as some of the effect of the multinationals exit.

Oyintiloye cited notable exits like Kimberly-Clark, the makers of Huggies, alongside GlaxoSmithKline Consumer Nigeria Plc and others, which have either fully or partially ceased operations.