According to Bloomberg, several asian and local companies are stepping in to fill the void left by US and Europe-based multinationals exiting Nigeria.  

Olatunbosun Oyintiloye, the chieftain of the All Progressives Congress, has urged President Bola Tinubu to stop the continuous exit of multinational companies from Nigeria. 

Nigeria Lost $178bn To Tax Evasion By Multinationals - FIRS         The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, yesterday said the country lost over $178 billion (about N5.4 trillion) through tax evasion by multinationals doing business in the country between 2007 and...

Adeosun Seeks Tougher Sanctions Against Multinationals On Tax Evasion Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. A statement signed by Oluyinka Akintunde, Special Adviser Media...

Label tax evasion, malpractices by Multinationals as foreign corrupt practices, Adeosun tells  World Bank, Others Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. She made the...