This comes after fresh reports of xenophobic attacks in South Africa that has forced many Nigerians to return home. Oshiomhole said Nigeria cannot keep quiet while its citizens suffer and get no justice.
Wednesday, July 08, 2026
Senator Oshiomhole Urges Nigeria Govt To Seize Profits from South African Coys To Compensate Xenophobia Victims
Senator Adams Oshiomhole has called on the Nigerian government to take strong action against South Africa over attacks on Nigerians. He wants the government to use profits from South African businesses in Nigeria to pay those who lost shops, homes, and loved ones.
Senator Oshiomhole on July 7, 2026 pointed to a South African minister who said no compensation would be paid to Nigerians affected by the violence. In his words, Nigeria should respond by taking money made by South African companies here, including banks like Stanbic IBTC and use it to help the victims instead of spending Nigerian taxpayers’ money.
This comes after fresh reports of xenophobic attacks in South Africa that has forced many Nigerians to return home. Oshiomhole said Nigeria cannot keep quiet while its citizens suffer and get no justice.
This comes after fresh reports of xenophobic attacks in South Africa that has forced many Nigerians to return home. Oshiomhole said Nigeria cannot keep quiet while its citizens suffer and get no justice.
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A brain dead submission. Nothing stops the South Africans from quietly divesting or outrightly selling controlling shares to nationals of other countries.
ReplyDeleteIt will be better for government to either raise the effective tax rates these South African companies pay (this will quickly get shut down by the courts) or create a fund where a percentage of these companies earnings get channeled to. Won't be long before the fund gets looted dry though.
You are the one that is brain dead. You must be South African because this your thinking no even make sense
DeleteAbi na
ReplyDeleteI agree. Seize the money from the companies. End of story plus any penalties to the country.
ReplyDelete