Obi decries GSK’s exit from Nigeria, laments job loss

The Labour Party candidate in the February 25 Presidential election has described the exit of GlaxoSmithKline from Nigeria as saddening especially as it leaves a huge consequence of job losses on the already difficult economy.

Obi in a tweet via his verified page, states that “their reason for leaving portends a gloomy future for the country’s investment climate.

“Today, I was saddened to hear that GlaxoSmithKline (GSK), is exiting Nigeria after 51 years of operations. 

“Their reason for leaving Nigeria is even more disheartening, that they are no longer perceiving any future growth of the country, which will be anchored on productivity.

“These multinationals leaving our country, not only create jobs but create immeasurable training that contributes immensely to our human capital development.

“GSK which has a manufacturing facility set up in Agbara, on over 25 hectares of land in Agbara, had directly employed over 400 highly technical workers like pharmacists, microbiologists, biochemists, chemists, dentists, doctors etc, and also employed over 1000 other staff. 

“It indirectly provided jobs and business opportunities for thousands of Nigerians across the nation. They are now leaving all these behind, and pushing more people back into unemployment.

Obi stated further that “in turning our nation around, we must move the economy from consumption to production, part of which included encouraging and supporting local and foreign investments, like GSK, in the country.”

READ ALSO FROM NIGERIAN TRIBUNE 

• We borrow guns for operation from woman selling paraga —Highway robbery suspects

• Experts warn petrol price could hit N1000 per litre

• #BBNaijaAllStars: Mercy Eke wins immunity as Adekunle emerges first HOH

• Gory details of Ore petrol tanker explosion: How pregnant woman, three children were caught in inferno

• FLATOUT: Mass burial and the king who wants to live forever

• EDITORIAL: The debt servicing conundrum