Oshiomhole Calls for Seizure of S'African Profits for Compensation

During a plenary session on Tuesday, Adams Oshiomhole, a lawmaker, called on the Federal Government of Nigeria to appropriate profits made by South African companies operating in Nigeria to fund compensation for Nigerians whose businesses and properties were destroyed during recent xenophobic attacks in South Africa. Oshiomhole's remarks were a response to comments made by South Africa's Minister in the Presidency, Khumbudzo Ntshavheni, who argued that compensation would only be available to those with legally registered properties.

Oshiomhole rejected this position, stating that the destruction of Nigerian-owned businesses was unjustifiable regardless of their registration status. He emphasized that the Nigerian government should take action to seize profits from South African firms, including MTN and several banks, which have significant commercial interests in Nigeria.

Oshiomhole noted that the South African government had not adequately addressed the situation, and he insisted that the profits should be used to settle the claims of those affected by the violence.