Edo North Senator Adams Oshiomhole engaged in a heated exchange with Arise News anchor Rufai Oseni regarding the implications of South African investments in Nigeria, particularly focusing on MTN. During the discussion, Oshiomhole advocated for the nationalization of South African businesses in response to the violence against Nigerians in South Africa, suggesting that Nigerian shareholders should reclaim control over MTN to prevent the repatriation of funds. He criticized the South African government for prioritizing foreign investments over the welfare of its citizens, citing high unemployment rates as a contributing factor to anti-foreigner sentiments. In rebuttal, Oseni questioned the feasibility and implications of nationalizing foreign investments, arguing that such actions could deter potential investors and undermine Nigeria's appeal as a destination for foreign direct investment.
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