Senator representing Edo North at the National Assembly, Adams Oshiomhole, has clashed with Arise News anchor, Rufai Oseni, over his opinion on South African investments in Nigeria.
PrimeTimes Nigeria Oshiomhole, during an interview on the ‘Morning Show’, on Tuesday, 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 control away from South Africa.
He said, “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.”
In response, Rufai questioned the rationale behind Oshiomhole’s stance on the issue.
He 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?”