The Procter & Gamble Plant Closure: What Went Wrong?

Why did Procter & Gamble (P&G) decide to shut its US$300 million manufacturing plant in Agbara, an industrial town in Ogun state in south west Nigeria? Was the decision due to the rising costs of raw materials, a difficult business environment (what many local papers ran with), or ‘unhealthy competition’? Why did P&G decide to close the plant after only…

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