Another Foreign Investor Goes Out Of Nigeria As Buhari's Voodoo Economy Continue To Nosedive!

Lagos residents have expressed their displeasure following the recent development that popular fast food chain, KFC, will shut down operations across the State. It was learnt that all KFC outlets in Lagos will shut down operations from tomorrow, Monday, February 20, 2017, except the ones operative in shoppong malls due to low patronage and high cost of power.

As a result, KFC Outlets in popular areas such as Ilupeju, Sabo, Ikeja, Ogba and other parts of Lagos metropolis will effectively close with residents unable to have their favourite meal at the outlets.

While one can’t rule out the current economic downturn in the country as a factor leading to the decision by the company, this development has however led to a myriad of Lagosians condemning the economic policies of the present administration in the country.

According to Muyiwa Olumide, “it is so sad businesses shut down due to low sales and high cost of power.” Another resident, Oluseun succinctly puts his thought as “the industry is so cold.”

It is however shocking that KFC is shutting down operations at a time when other fast food outlets such as Mega Chicken, The Place, Dominos and more are expanding operations in Lagos. With newshelm.com

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