Another top production firm threatens to relocate from Nigeria "if"....

President Muhammadu Buhari has 30 days to make a difference or another company exits Popular manufacturing company, Erisco Foods Limited has threatened to relocate to another country if the President Muhammadu Buhari-led administration does not put in place measures to help companies in Nigeria in 30 days.

According to Daily Trust, this threat and ultimatum were issued by president and chief executive officer (CEO) of the company Eric Umeofia who also said the relocation of the firm’s production base would lead to sacking of 1500 of its 2050 workforce.

Speaking during a press conference in Lagos, Umeofia lambasted government parastatals and agencies like the Central Bank of Nigeria, federal ministry of industry, trade and investment and the National Agency for Food Drug Administration and Control for not doing their jobs well in this recession.