Edo North Senator Adams Oshiomhole on Tuesday clashed with Arise New anchor, Rufai Oseni, over his opinion on South African investmentsin Nigeria.
Oshiomhole, during the interview stated that Nigeria should
nationalise South African businesses over the killings of Nigerians in South
Africa
The lawmaker said he was aware that MTN was quoted on the
stock exchange, noting that Nigerian shareholders can hold on to their shares
and take away South African control.
“We should re-privatise it so Nigerians can take it over,
and there would be no repatriation of funds to South Africa.
During the campaign of President Ramaphosa, a major
shareholder in MTN, he argued that foreigners are doing the jobs of South
Africans.
“Now South Africa has high unemployment, and some have
transferred aggression against other Africans. Life is more important. Nigeria
should not look for investors who choose wealth over human life,” Oshiomhole
said.
Responding, Rufai said, “It’s the same government that is
saying they want investors. So how does that sound like when you can
arbitrarily nationalize people’s shares when they come to invest in your
country and you want foreign direct investment?
“So if Nigerians have chaos with any country, it is to
nationalize their shares? That’s how Adams Oshiomhole sees things right? You
just nationalise people’s shares like that?”
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