, 4 tweets, 2 min read Read on Twitter
The Co. is struggling across what should be its growth markets of Africa & Asia. Doesn’t have to have anything to do with Buhari, LOL. You know that -but you must pander to your audience. Companies face competition,struggle to adapt to changing times etc. Not everything politics.
.@Chxta - There are such things as business cycles. There is also competition (look at how Molfix ate Pampers’ lunch), changing consumer tastes, changing industry conditions, changing corporate priorities (such as when GE decides to globally quit the rail business), etc etc.
What’s interesting is that the macroeconomic conditions in Nigeria have actually improved rather than declined over the last 1-2 years. Inflation down from 18% to 11%, currency stable, Manufacturing PMI has seen 20+ consecutive months of increase 🤷🏾‍♂️
This one is for the Everything-was-rosy-until-Buhari-entered gang. Images 1-3 from March 2012, in the middle of the biggest oil boom in Nigeria’s history. The same PZ.

4th image is from January 2015.
cc. @Chxta
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