Xenophobia: Senate rejects proposal to nationalise MTN, DStv

The Nigerian Senate has rejected calls by some of its lawmakers to nationalise South African-owned companies in Nigeria over attacks linked to xenophobia. The proposal urged that proceeds be used to compensate Nigerians who suffered losses in the ongoing xenophobic attacks. 

The development comes amid the attacks and killings of Nigerians in South Africa, coupled with the continued repatriation of Nigerians from the country. 

Among South African companies operating in Nigeria are leading telecoms company, MTN and MultiChoice-owned pay-TV company, DStv. 

In a proposal raised by Lagos Central Senator Wasiu Eshinlokun during Tuesday’s plenary, he urged the Senate to nationalise South African companies operating in Nigeria. He lamented the continued killing of Nigerians and destruction of their properties, which has forced many to vacate the country. 

Edo North Senator, Adams Oshiomole, also supported the proposal. He argued that instead of merely expressing grief over the attacks, the Senate should adopt measures that would impact the South African economy.

Recall that earlier in May, the former Edo State governor raised concerns when he proposed that Nigeria should take over MTN and other South African companies operating in Nigeria or revoke their operating licences. He added that Nigeria continues to face negative effects while these companies remit significant revenue out of the country. 

However, the majority of lawmakers rejected the proposal through a voice vote and deliberated on ways forward to address the diplomatic tensions. 

Deputy Senate President Barau Jibrin, who presided over Tuesday’s session, rejected the proposal, noting that circumstances and tensions surrounding xenophobia should be properly investigated before considering any other…