Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Yinka Yusuf, Akwa Ibom People and the Final Insult 

    February 3, 2026 --- 9:35 am

    FAAC Shares ₦1.969tr December revenue to FG, states, councils at FAAC meeting

    February 3, 2026 --- 12:24 am

    Ebonyi Gov Sacks Aides, Dethrones Royal Fathers Over Amasiri/Oso Edda Crisis

    February 2, 2026 --- 10:36 pm
    Facebook X (Twitter) Instagram
    Trending
    • Yinka Yusuf, Akwa Ibom People and the Final Insult 
    • FAAC Shares ₦1.969tr December revenue to FG, states, councils at FAAC meeting
    • Ebonyi Gov Sacks Aides, Dethrones Royal Fathers Over Amasiri/Oso Edda Crisis
    • Octogenarian Statesman seeks a Better, hope-filled Nigeria
    • Australian Open 2026: Alcaraz Stuns Djokovic to Grab Grand Slam
    • Lookman Leaves Atalanta and Joins Atlético Madrid for a €40M Deal
    • Tyla beats Burna boy, Davido and Ayra to win 2026 Grammy’s Award
    • SERAP Sues NNPCL Over ‘Failure To Account For Missing ₦22.3bn, $49.7m Oil Money’     
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»News»Multinationals Are Wiser, Richer In Nigeria- Decry Radio Analysts
    News

    Multinationals Are Wiser, Richer In Nigeria- Decry Radio Analysts

    straightnewsng.comBy straightnewsng.comJanuary 9, 2020 --- 4:22 pmNo Comments2 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Multinational
    Multinational
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    The activities of multinationals in Nigeria in failing to render efficient services and adhere to laws of the land favourable to the populace are gradually coming to the public glare for scrutiny, as monitored by Straightnews.

    Taking a cursory look at the multinationals operating in the country, radio analysts came to the conclusion that the blue chips are detrimentally making mincemeat of abundant natural resources which would have benefited the people mainly the less privileged because the government has given them the latitude.

    Speaking on a privately-owned radio station- Inspiration 105.9 FM, Uyo on Thursday, one of the analysts said “Multinationals are wiser and richer in Nigeria. For instance, telecommunication operators make more money in Nigeria to the detriment of the poor masses. They play a smart game with the government to reap unduly from masses. In other countries, they keep all the laws but in Nigeria, they would not. Even in their countries, they ensure the interest and welfare of the masses are paramount.”

    Another observed “At times, we have to blame the government ministries and agencies for always playing ball with the multinationals in bending some extant laws to their whims. The empirical fact is that the multinationals are here to make money but impoverish the populace, which is not done even in their countries.”

    Again, one analyst noted “Some multinationals join with some individuals in the communities utterly disregard the welfare and shortchange the entire communities. They do not properly implement corporate social responsibility (CSR) to their host communities.”

    “They short change many people in the discharge of their services and provide exorbitant charges. Some government institutions in the country are not helping matters but collude with them to shortchange the masses. Go to Ibeno, Oloibiri, Mbo, Iko Town, Eastern Obolo and Ogoni, among others. The level of despoilation of the land and lack of social amenities in those oil-producing communities will shock you,” one of them lamented.

    “I think it advisable for the multinationals to allow their conscience to guide them. What they could not do in their home countries, why are they doing in Nigeria? Let them sit up and do the right things- provide efficient services to the people, do not shortchange them, pay appropriate dues/remunerations to the beneficiaries and avoid being joined in litigations,” an analyst enjoined.

    Corporate Social Responsibility (CSR) Eastern Obolo Ibeno Iko Town Inspiration 105.9 FM-Uyo Mbo Multinationals Nigeria Ogoni Oloibiri telecommunication operators
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    Octogenarian Statesman seeks a Better, hope-filled Nigeria

    February 2, 2026 --- 9:45 pm

    Omokri Admits Uncomplimentary Remarks on Tinubu as Untrue

    January 29, 2026 --- 12:58 pm

    Rep Delivers Remodelled Paramount Ruler’s Palace Ahead of Coronation

    January 28, 2026 --- 11:10 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Opinion

    Yinka Yusuf, Akwa Ibom People and the Final Insult 

    By straightnewsng.comFebruary 3, 2026 --- 9:35 am0

    Moffat Ekoriko I have never come across a man who can translate the Akwa Ibom…

    FAAC Shares ₦1.969tr December revenue to FG, states, councils at FAAC meeting

    February 3, 2026 --- 12:24 am

    Ebonyi Gov Sacks Aides, Dethrones Royal Fathers Over Amasiri/Oso Edda Crisis

    February 2, 2026 --- 10:36 pm

    Octogenarian Statesman seeks a Better, hope-filled Nigeria

    February 2, 2026 --- 9:45 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Yinka Yusuf, Akwa Ibom People and the Final Insult 
    • FAAC Shares ₦1.969tr December revenue to FG, states, councils at FAAC meeting
    • Ebonyi Gov Sacks Aides, Dethrones Royal Fathers Over Amasiri/Oso Edda Crisis
    • Octogenarian Statesman seeks a Better, hope-filled Nigeria
    • Australian Open 2026: Alcaraz Stuns Djokovic to Grab Grand Slam
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.