Senator Oshiomhole urges Nigerian government to seize South African company profits for xenophobia victims
via Punch Nigeria1 min read
Senator Adams Oshiomhole has called on the Nigerian Federal Government to appropriate profits from South African companies operating in Nigeria. He proposes these funds be used to compensate Nigerians whose businesses and properties were destroyed during recent xenophobic attacks in South Africa. This call came during a plenary session in response to comments from South Africa's Minister in the Presidency, Khumbudzo Ntshavheni, who stated that only legally registered properties would qualify for compensation, excluding informal settlements. Ntshavheni also mentioned alleged drug-related activities among Nigerians in South Africa. Oshiomhole rejected this stance, arguing that the destruction of Nigerian-owned businesses was unjustifiable regardless of their registration status. He emphasized that Nigeria should not use taxpayer money for compensation while South African investments and profits remain untouched. South African firms, including MTN and several banks, have substantial commercial interests in Nigeria.
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