Stella Dimoko Korkus.com: Senator Oshiomhole Urges Nigeria Govt To Seize Profits from South African Coys To Compensate Xenophobia Victims

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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.

9 comments:

  1. A brain dead submission. Nothing stops the South Africans from quietly divesting or outrightly selling controlling shares to nationals of other countries.

    It 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.

    ReplyDelete
    Replies
    1. You are the one that is brain dead. You must be South African because this your thinking no even make sense

      Delete
  2. I agree. Seize the money from the companies. End of story plus any penalties to the country.

    ReplyDelete
  3. Why are South Africans and their Coys still in Nigeria?
    We can't be there but they can be here.

    ReplyDelete
  4. Osho baba have been making a lot sense recently

    ReplyDelete
  5. Nice suggestion but it won't fly,many Nigerian are also stakeholders.

    ReplyDelete
  6. What baffles me is why their government keeps mute while all this is going on?

    ReplyDelete
  7. No body has monopoly of madness 🤣 lets all be 'Madding' 🤣

    ReplyDelete

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