Edo North Senator Adams Oshiomhole on Tuesday clashed with Arise News anchor Rufai Oseni over his opinion on South African investments in 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 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?”