The meeting between President Muhammadu Buhari’s Senior Special Assistant on Foreign Affairs and Diaspora, Abike Dabiri-Erewa and National Association of Nigerian Students (NANS) has ended with a resolution that MTN Nigeria, MultiChoice, Shoprite and other South African companies in Nigeria should stop operation and quit the business environment within seven days.
These companies were given seven days ultimatum to shut down their businesses and leave Nigeria pending the time the South African government end the killing of Nigerians in South Africa. The continuous crackdown on Nigerians and other African nationals by South Africans has given rise to intense tension between both countries since the targeted Xenophobic attack began some years back.
Speaking on behalf of NANS, the President, Comrade Danielson Akpan, urged Nigerians living in South Africa to cancel their stay, while advising South Africans in Nigeria to leave Nigeria as well, as the group plans to start treating South Africans in the country the same way Nigerians are being assaulted, killed, leaving their properties destroyed or stolen.
“Behold, the killings have continued and have even assumed a more dangerous dimension. This worsening development calls for a swift reaction. Importantly, we want to call on Nigerians in South Africa to reconsider their stay in South Africa and return home.
“Having gone through the first phase without any remorse or practical action to end xenophobic attacks in South Africa, we wish to announce that Nigerian students have decided to take on South Africans same way they are doing to our people. We have seen the helplessness of the South African government in reigning in on their citizens and wish to condemn in unambiguous terms the continued pampering of those involved. Every nation has its own internal crisis hence no citizen of other nation should be sacrificed for criminal activities of South Africans or any other.
“Since the economic prosperity of Nigerians can no longer be tolerated and their lives secured in South Africa, there’s no need also to condone the continued flourishing of South African businesses and her citizens in Nigeria.”
Quit Notice: Danielson Akpan also asked all South African companies in Nigeria to vacate the country.
“We, therefore, wish to officially ask all South African-owned businesses in Nigeria to relocate in the next seven days. We specifically want Multichoice, MTN, Stanbic IBTC Bank, Shoprite and others to close their businesses in their own interest within seven days.
“In the same vein, we request that South African nationals in Nigeria should return to their home country as we can no longer watch them enjoy peaceful living in Nigeria while our citizens in their country continue to pay with dear lives for no reason other than being resourceful and flourishing in their businesses and career.”
— Nigerians in Diaspora Commission (@nidcom_gov) August 8, 2019
The failure of diplomacy: He further said, “We have consistently maintained that diplomacy has failed in addressing the xenophobic question. We have heard and seen diplomatic measures put in place without any sincere action taken by the South African government. We have seen again that the people of South Africa are not committed to peaceful coexistence with other nationals, hence the wanton killings and destruction of other Africans.
“The Central Coordinating Committee of the entire students’ movement in Nigeria is hereby activated for mass action. We thank all those who have shown genuine concerns in ending the xenophobic madness and wish to reassure our citizens everywhere across the globe of our determination to fight this to a logical conclusion.”
What does this mean for SA firms: There had been argument in the past regarding how important Nigeria and Nigerians are to South African businesses within Nigeria, with some stating that the relevance of Nigerians will be greatly felt if these businesses were shutdown in Nigeria. This had always fueled the ‘South African businesses must go’ chant, but a recent fact-check done by Nairametrics discovered that the bulk of these companies’ revenue isn’t in Nigeria, as explained by the video below:
What this mean for Nigerians: If these companies decide to exit Nigeria, Nigerians will be affected negatively. In a period were unemployment is on the rise, companies are to be encouraged remain operational rather than shut down. Thousands of jobs will be lost, some of these sectors or market will be affected because Nigeria is not prepared for such outcome.
Nairametrics had previously reported that NANS planned a protest against South African businesses operating in the country last month, July 2019. Some of the protests scheduled to hold nationwide were, however, stopped by the police.
Shortly afterwards, Model and founder of Oduduwa Classics, Tayo Faniran and his friends were stopped by some South African police officers on their way to a business meeting. A video on Tayo’s Instagram Live showed that more than two Police officers held him down while another officer strangled him in an attempt to prevent him from capturing the assault.
His harassment by the Police officers occurred days after the media practitioner condemned the South African rapper, Kiernan Jarryd Forbes, popularly known as ‘AKA‘, for the comment he made after South Africa lost to Nigeria in the African Cup of Nations tournament. Faniran had stated that AKA’s tweet was motivated by Xenophobia. Faniran was later arrested before the Nigerian Government secured his release days later.
I’m hurt man. This match was bigger than football. The biggest rivalry on the continent. Why do we always have to lose against Naija at EVERYTHING.
— AKA (@akaworldwide) July 10, 2019
Government’s intervention: Abike Dabiri, however, advised NANS to exercise patience and not proceed with their clampdown on South Africans and their businesses, stating that President Buhari and the South African President, Cyril Ramaphosa were planning to meet over the Xenophobic attack in South Africa.
She condemned the attack on Nigerians, stating that the killing was becoming pathetic,
“Really it’s pathetic, it’s sad. As we said before, until about 2016, we have had 118 Nigerians killed in South Africa. Between 2018 and today, 88 Nigerians have been killed in South Africa. Out of this 88, 25 were cases of Nigerians killing Nigerians and we have had the case of Mrs Elizabeth Chukwue who was murdered in her hotel room.
“We know that every country has its own challenges, we have ours and they have theirs. But killing other people is not the solution to anything. If a Nigerian commits a crime, you deal with the person.”
Atsu Davoh is building ways for Africans to easily acquire and spend cryptocurrency
Atsu Davoh has gone from failed projects to running one of Ghana’s most innovative startups.
In recent times, the tech space in Africa has experienced immense growth, with the introduction of several key players and disruptors across various sectors. One sector that is also rising is the cryptocurrency space with Africa experiencing greater crypto ownership and trade volume.
The number of Bitcoins processed on a single day reached its highest value at the beginning of 2021, as more people displayed interest in the cryptocurrency. Due to its fast adoption, more fintech players have created platforms that have made trading with cryptocurrency easier. One of such players is Atsu Davoh who calls himself the “product guy.”
Atsu Davoh dropped out of college (Carleton College) in the United States and moved back to Ghana to help innovate on Africa’s financial infrastructure. Atsu first discovered Bitcoin in 2017 during the first boom when it became mainstream. Before then, he and his co-founder Samuel Baohen had been involved in many failed projects.
He developed a USSD system where people could buy bitcoin through their phone numbers, like tying crypto to phone numbers in a native way. This was one of the first iterations of Bitsika.
Atsu was invited to Join Binance Labs Incubator by Yele Bademosi where he got $150,000 after graduating from the incubator. Bitsika went on to raise around $900,000 from investors. This brought the total seed raised to $1,050,000.
This USSD system worked in Ghana but didn’t work in Nigeria. Atsu and his team then pivoted the platform to a donation crowdfunding platform, which allowed people living in other countries to send donations to African nationals in need of the funds before finally building it into a cross-border crypto remittance platform.
Bitsika users can deposit and remit money across multiple currencies using the app, with all monies deposited in Bitsika stored in USD credits or stable-coin.
Bitsika has over 50,000+ downloads on Playstore and processed nearly $40 million in 2020 with $18,872,474 in deposits, $17,890,807 in payouts (withdrawals), and $3,189,834 in internal peer-to-peer transfers.
Despite a few unfavourable regulations surrounding cryptocurrency in Africa, the market has shown no signs of slowing down as more people are building products that will make trading seamless.
FG signs new Sustainable Development Goals agreement with UN
The Agreement is for new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.
The Nigerian Government has signed a deal with the United Nations to develop new cooperation towards achieving Sustainable Development Goals.
This was disclosed by the Minister of Foreign Affairs, Geoffrey Onyeama, in a statement on Thursday after the agreement was signed with the United Nations Office for Project Services, UNOPS, represented by Ifeoma Charles.
The Minister said, “On behalf of the Nigerian Government, I signed an agreement with the UNOPS represented by Ifeoma Charles Multi-Country Office Rep. The Agreement is for a new development cooperation with initiatives towards achieving Sustainable Development Goals set in the UN Agenda 2030.”
What you should know
The 17 Sustainable Development Goals are:
No Poverty; Zero Hunger, Good Health, and Well-being; Quality Education; Gender Equality; Clean Water and Sanitation; Affordable and Clean Energy; Decent Work and Economic Growth; Industry, Innovation and Infrastructure; Reducing Inequality; Sustainable Cities and Communities; Responsible Consumption and Production; Climate Action; Life Below Water; Life on Land; Peace, Justice and Strong Institutions; and Partnership for the Goals.
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