Close Menu
Straightnews

    Subscribe to Updates

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

    What's Hot

    Akwa Ibom Rep Gives 150 Constituents Laptops, Cash After Training

    March 15, 2026 --- 12:31 am

    369 wards in Akwa Ibom To enjoy solar-powered water facilities – Commissioner

    March 14, 2026 --- 10:38 pm

    FAAC Shares N1.894trn February Revenue To FG, States, LGAs

    March 14, 2026 --- 10:19 pm
    Facebook X (Twitter) Instagram
    Trending
    • Akwa Ibom Rep Gives 150 Constituents Laptops, Cash After Training
    • 369 wards in Akwa Ibom To enjoy solar-powered water facilities – Commissioner
    • FAAC Shares N1.894trn February Revenue To FG, States, LGAs
    • Ebonyi Senator Gifts Tricycle to Akwa Ibom Person
    • Gov Eno Reaffirms commitment to safe, secure future for Akwa Ibom children
    • Police to Arraign four suspects after Rescuing seven victims in Akwa Ibom
    • Obi seeks NFF chiefs’ resignation after Super Eagles failed to qualify for 2026 World Cup 
    • Ekiti Lecturer Faces death by Hanging for Robbery
    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
    • Contact Us
    • Sports
    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

    From Mud to motorable: Tropicana Road Revives hope in Uyo community

    March 13, 2026 --- 8:13 pm

    Mrs Tinubu Hails Senior Citizens Centre in Uyo

    March 8, 2026 --- 3:18 pm

    US Congress Seeks Sanctions and Visa ban on Individuals Linked to Nigerian Christians’ Persecution

    February 25, 2026 --- 7:32 am

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Entrepreneurship

    Akwa Ibom Rep Gives 150 Constituents Laptops, Cash After Training

    By straightnewsng.comMarch 15, 2026 --- 12:31 am0

    Aniefiok Christopher A member of the House of Representatives from Akwa Ibom State, Dr. Unyime…

    369 wards in Akwa Ibom To enjoy solar-powered water facilities – Commissioner

    March 14, 2026 --- 10:38 pm

    FAAC Shares N1.894trn February Revenue To FG, States, LGAs

    March 14, 2026 --- 10:19 pm

    Ebonyi Senator Gifts Tricycle to Akwa Ibom Person

    March 14, 2026 --- 9:14 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
    • Akwa Ibom Rep Gives 150 Constituents Laptops, Cash After Training
    • 369 wards in Akwa Ibom To enjoy solar-powered water facilities – Commissioner
    • FAAC Shares N1.894trn February Revenue To FG, States, LGAs
    • Ebonyi Senator Gifts Tricycle to Akwa Ibom Person
    • Gov Eno Reaffirms commitment to safe, secure future for Akwa Ibom children
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

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