Directors institute blames FX crisis for exodus of multinationals

The Chartered Institute of Directors has expressed concern over the increasing departure of multinational companies from Nigeria, attributing forex issues, inadequate power supply, and inconsistent government policies as primary hindrances to national economic growth. In a document titled “Position Paper on the Exodus of Multinationals from Nigeria,” the Director General/CEO of CIoD, Bamidele Alimi, disclosed

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