Ayo Akinfe
(1) Last week, the United Nigerian Textile Mill Limited (UNTL) made 3,000 workers redundant in Kaduna. Its excuse was that there was no market for its goods. As the saying goes: “Even in the abundance of water a fool is thirsty.” How can a monopoly textile mill struggle for orders in a market of 200m people abeg?
(2)...
NIGERIA'S economic woes have got significantly worse over the last week after the United Nigerian Textiles Limited (UNTL) in Kaduna made 3,000 workers redundant as the economic slowdown bites hard.
Due to the fallout from the coronavirus pandemic, Nigeria's economy has been hit hard as global demand for finished goods has...
