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Stop Multinational Corporations From Leaving Nigeria, APC Chieftain Tells Tinubu
Hon. Olatunbosun Oyintiloye, a prominent figure in the All Progressives Congress (APC), has expressed concern over the recent departure of multinational corporations from Nigeria.
Oyintiloye urged President Bola Tinubu to prioritize economic improvement and attracting investment to prevent further exits of companies operating in Nigeria.
Speaking to reporters in Osogbo on Sunday, the former lawmaker highlighted the potential consequences of continued multinational exits, including reduced foreign investment, significant job losses, and diminished economic output.
Oyintiloye specifically referenced the departure of Kimberly-Clark, the multinational company behind Huggies, as a troubling development.
In addition, Oyintiloye highlighted that GlaxoSmithKline Consumer Nigeria Plc, Sanofi-Aventis Nigeria Limited, Procter and Gamble, and other multinational corporations have either fully or partially ceased their operations in Nigeria.
He pointed out that Unilever discontinued the production of its well-known OMO, Sunlight, and Lux brands in 2023 as part of cost-cutting measures to focus on more promising growth prospects.
Oyintiloye emphasized that the departure of these multinational companies not only impacts the manufacturing sector but also affects the oil industry.
Oyintiloye also noted that over 26 oil companies and investments have withdrawn from Nigeria, selling their stakes to domestic investors.
He said “These include influential oil mining multinationals such as Shell, ExxonMobil and ENI. These companies left mainly because of heightened insecurity in the Niger Delta and the inability of the government to provide their counterpart funds to enable the joint venture agreements to explore and exploit new oilfields.”
Oyintiloye, a former member of the defunct APC Presidential Campaign Council (PCC), emphasized that the exit of these companies would not only lead to job losses but also negatively impact the value chain and contribute to a decline in the country’s Gross Domestic Product (GDP) growth.
President Bola Tinubu and Mr. Taiwo Oyedele during his nomination on Wednesday.
The Senior Pastor of Freedom Life International Christian Center, Richard Tochukwu, has declared that gospel music possesses the spiritual capacity to transform Nigeria, describing it as a divine instrument capable of restoring hope and unity in the nation.
Speaking during an interaction with journalists, the cleric said music inspired by God’s Word can positively influence Nigeria’s spiritual and socio-political landscape by promoting peace, comfort and moral revival.
According to him, gospel music goes beyond entertainment and should be seen as a ministry tool for national healing.
ALSO READ: How Pastor Jerry Eze’s NSPPD Became The World’s Third Most-Watched YouTube Channel
“Gospel music is not just sound; it carries power. When songs are inspired by Scripture, they can heal hearts, restore faith and redirect a nation toward righteousness,” he said.
Pastor Tochukwu made the remarks while discussing his latest worship single, “I Want To Pray,” a spiritually reflective song produced by Audio5.
He explained that the track was created to encourage believers to remain steadfast in prayer and maintain consistent fellowship with God.
The song draws inspiration from Luke 18:1, which urges believers to pray always and not lose heart.
A spiritual son of Paul Enenche, Pastor Tochukwu revealed that most of his songs are birthed from deep study of Scripture.
“Sometimes while studying or preaching from a passage, a melody begins to flow. The lyrics are drawn directly from the Word. Our songs are intentional; they carry the same message we preach,” he explained.
Reflecting on his journey, he recounted beginning as a drummer who also sang before discovering what he described as a divine instruction to minister through music.
“I realised that you don’t minister only through preaching. God made me understand that songs are another channel through which His Word can reach people. Every release is backed by Scripture,” he added.
Pastor Tochukwu currently serves in Lagos, combining pastoral leadership with music ministry.
The audio and video for “I Want To Pray” are now available on major digital streaming platforms.
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