₦airaland Forum

However, the entire Mall is not owned by Shoprite, just the Shoprite store in the Mall.

MTN Nigeria

MTN Nigeria is not owned by Nigerians in whole. In fact, 85% of MTN Nigeria is directly owned by the South African company. MTN parent company own 76% while Stanbic IBTC (also South African) own 9%. The remaining are shared across many other organizations, including MTN cooperative society.

When MTN listed on the Nigerian Stock Exchange, the shareholders refused to let go of their shares for public purchase.

DSTV Nigeria

DSTV Nigeria is a franchise owned by Mr. Ogunsanya of Multichoice. However, all revenues of the company go to South Africa while DSTV Nigeria only submits quarterly budgets to run the DSTV Nigeria to South Africa. The only way DSTV Nigeria gets paid is in the area of selling decoders, dish installation and others.

This is not to promote violent but merely a piece of information.

ednut1:
u lack sense. What is the business of mtn with xenophobia in the soweto and pretoria

Now they will go back to their countries and caution there government who supports this act.

However, the entire Mall is not owned by Shoprite, just the Shoprite store in the Mall.

MTN Nigeria

MTN Nigeria is not owned by Nigerians in whole. In fact, 85% of MTN Nigeria is directly owned by the South African company. MTN parent company own 76% while Stanbic IBTC (also South African) own 9%. The remaining are shared across many other organizations, including MTN cooperative society.

When MTN listed on the Nigerian Stock Exchange, the shareholders refused to let go of their shares for public purchase.

DSTV Nigeria

DSTV Nigeria is a franchise owned by Mr. Ogunsanya of Multichoice. However, all revenues of the company go to South Africa while DSTV Nigeria only submits quarterly budgets to run the DSTV Nigeria to South Africa. The only way DSTV Nigeria gets paid is in the area of selling decoders, dish installation and others.

This is not to promote violent but merely a piece of information.

Pojomojo:
Adewunmi Ogunsanya owns Multichoice Nigeria and the assets belong to him and his associates.
Tayo Amusan owns Palms shopping mall. Shoprite is just a tenant.
A lot of SA companies here are franchises owned by Nigerians.

You’re only hurting Nigerians. Stop the violence.

Xenophobia Morning Brief

So, Nigerians have been attacking stores owned by South Africans in Nigeria and people are attacking them for it.

While these acts should be condemned, the narrative that Nigerians own these South African companies under franchise is an absolute lie.

Shoprite

The South African chain store is owned 100% by South Africa parent company and does not have any Nigerian as owner. What they do is approach the owner of a Mall (like Ikeja city Mall) and rent a space for their products. These products are sourced from local suppliers and foreign suppliers. However, once a local supplier delivers the goods to Shoprite, Shoprite is responsible for the safety of the goods and MUST pay the supplier should anything happen to the goods. So Nigerians are not affected.

However, the entire Mall is not owned by Shoprite, just the Shoprite store in the Mall.

MTN Nigeria

MTN Nigeria is not owned by Nigerians in whole. In fact, 85% of MTN Nigeria is directly owned by the South African company. MTN parent company own 76% while Stanbic IBTC (also South African) own 9%. The remaining are shared across many other organizations, including MTN cooperative society.

When MTN listed on the Nigerian Stock Exchange, the shareholders refused to let go of their shares for public purchase.

DSTV Nigeria

DSTV Nigeria is a franchise owned by Mr. Ogunsanya of Multichoice. However, all revenues of the company go to South Africa while DSTV Nigeria only submits quarterly budgets to run the DSTV Nigeria to South Africa. The only way DSTV Nigeria gets paid is in the area of selling decoders, dish installation and others.

This is not to promote violent but merely a piece of information.

Xenophobia Morning Brief

So, Nigerians have been attacking stores owned by South Africans in Nigeria and people are attacking them for it.

While these acts should be condemned, the narrative that Nigerians own these South African companies under franchise is an absolute lie.

Shoprite

The South African chain store is owned 100% by South Africa parent company and does not have any Nigerian as owner. What they do is approach the owner of a Mall (like Ikeja city Mall) and rent a space for their products. These products are sourced from local suppliers and foreign suppliers. However, once a local supplier delivers the goods to Shoprite, Shoprite is responsible for the safety of the goods and MUST pay the supplier should anything happen to the goods. So Nigerians are not affected.

However, the entire Mall is not owned by Shoprite, just the Shoprite store in the Mall.

MTN Nigeria

MTN Nigeria is not owned by Nigerians in whole. In fact, 85% of MTN Nigeria is directly owned by the South African company. MTN parent company own 76% while Stanbic IBTC (also South African) own 9%. The remaining are shared across many other organizations, including MTN cooperative society.

When MTN listed on the Nigerian Stock Exchange, the shareholders refused to let go of their shares for public purchase.

DSTV Nigeria

DSTV Nigeria is a franchise owned by Mr. Ogunsanya of Multichoice. However, all revenues of the company go to South Africa while DSTV Nigeria only submits quarterly budgets to run the DSTV Nigeria to South Africa. The only way DSTV Nigeria gets paid is in the area of selling decoders, dish installation and others.

This is not to promote violent but merely a piece of information.

emae009:
you haven't answered my one question. how do you stop a business from sharing it's profit. No foreign company can operate in Nigeria. Every foreign companies must have a Nigerian base. The MTN your talking about is MTN Nigeria. it doesn't concern South Africans it affects Nigeria. your solution to the problem is saying cut your hand because you broke it in an accident. you're only hurting yourself. Do you know how many bilateral agreement Nigeria has with South Africa? Recalling your ambassador and sending the High Commissioner of South Africa away is seen as a declaration of war.
Calm down your anger and think about the common Nigerians you're actions is going to hurt. Your current course of actions may or may not lead to war and nobody wins in war

Xenophobia Morning Brief

So, Nigerians have been attacking stores owned by South Africans in Nigeria and people are attacking them for it.

While these acts should be condemned, the narrative that Nigerians own these South African companies under franchise is an absolute lie.

Shoprite

The South African chain store is owned 100% by South Africa parent company and does not have any Nigerian as owner. What they do is approach the owner of a Mall (like Ikeja city Mall) and rent a space for their products. These products are sourced from local suppliers and foreign suppliers. However, once a local supplier delivers the goods to Shoprite, Shoprite is responsible for the safety of the goods and MUST pay the supplier should anything happen to the goods. So Nigerians are not affected.

However, the entire Mall is not owned by Shoprite, just the Shoprite store in the Mall.

MTN Nigeria

MTN Nigeria is not owned by Nigerians in whole. In fact, 85% of MTN Nigeria is directly owned by the South African company. MTN parent company own 76% while Stanbic IBTC (also South African) own 9%. The remaining are shared across many other organizations, including MTN cooperative society.

When MTN listed on the Nigerian Stock Exchange, the shareholders refused to let go of their shares for public purchase.

DSTV Nigeria

DSTV Nigeria is a franchise owned by Mr. Ogunsanya of Multichoice. However, all revenues of the company go to South Africa while DSTV Nigeria only submits quarterly budgets to run the DSTV Nigeria to South Africa. The only way DSTV Nigeria gets paid is in the area of selling decoders, dish installation and others.

This is not to promote violent but merely a piece of information.

I now understand you don’t even care about the lame man who doesn’t have an idea of how the relationship works. Let’s talk like grassroots Nigerians. The average uneducated tout doesn’t care about all what you are saying. They have killed Nigerians and you say we should talk about WAR. You remember what happened during Obasanjo a tenured with Zambia when some soldiers were killed. You know how they apologized immediately after obj took actions. Brother, the violent has to take it by force. There are times the approach as to be physical. MTN Nigeria or south Africa, MTN is a SA company UBA UK is a Nigerian company take it or leave it. I don’t care about how it affects us but let a message Be passed that we are not fools and We are capable of bringing out the worst if need be.

emae009:
you haven't answered my one question. how do you stop a business from sharing it's profit. No foreign company can operate in Nigeria. Every foreign companies must have a Nigerian base. The MTN your talking about is MTN Nigeria. it doesn't concern South Africans it affects Nigeria. your solution to the problem is saying cut your hand because you broke it in an accident. you're only hurting yourself. Do you know how many bilateral agreement Nigeria has with South Africa? Recalling your ambassador and sending the High Commissioner of South Africa away is seen as a declaration of war.
Calm down your anger and think about the common Nigerians you're actions is going to hurt. Your current course of actions may or may not lead to war and nobody wins in war

LINUS MBA OF OUR TIME

Ignore the blunder, pay attention to the message

People don’t understand what she means, it’s just like saying if the government has taken us seriosuly outsiders won’t even dare try shit.

Are you even serious? The president sent envoy that will get to South Africa on Thursday for a 6 hr destination for an issue that involves lives of citizens. Can you even hear yourself, do you know how much security the Nigerian govt has deployed to the embassy. Other African countries such as Rwanda, malawi, even Congo have taken drastic steps by cutting tides with SA and you are there sending envoys. Whatever happened to our government Expelling South African Ambassador, Recall Nigeria High commissioner to South Africa,Stop repatriation of profits/ Funds to South Africa by MTN,STANBIC, SHOPRITE and other South African business concern in Nigeria,Suspend landing right granted South Africa Airways to Lagos and Abuja,Stop all importations coming from South Africa,suspend consular/immigration service's to all South Africans living in Nigeria.
I can bet with my life that Ramaphosa or whatever their President is called will be here within one week and when he comes make him sign a treaty before all those are restored.Nigeria need to start wielding that super power,we are not big for nothing,we have all it takes to deal with countries like theirs.
Nonsense.

emae009:
Smh... the President just tweeted he has dispatched an envoy to SA. the people in Government at different levels are speaking about it publicly even letting AU know about it. Before I say something let me ask you this one question. if it was your relative that owned or worked with these companies, would you have lead the line for their business to be destroyed??
SA has embassy in Nigeria why not start there. you feel the government is taking too long why not go to their place of work like the National Assembly or Government houses and start there. The government will still get paid at the end of the day but a common Nigerian whose owned or worked with these companies won't be getting paid to take care of his bills. Who are you really hurting at the end??

Are the citizens supposed to be the ones to find a solution? Since we have a govt who has refused to care for us this is what happens. If the governor won’t solve problems legally, the citizens will do illegally. Has your President said anything about it? Is this the first time no? Will it stop now? No this is just the first time Nigeria will respond and we are here criticizing ourselves. Proffer a solution, I already did kindly suggest and please don’t mention thengovt because I fit swear for you

emae009:
these franchises are owned by South Africans? MTN is owned by a South African but majority of MTN Nigeria stakeholders are Nigerians. when you destroy MTN Nigeria properties it's Nigerians that suffer, South Africans won't feel the hurt. Another example if Ghanaians were to destroy GLO Ghana, please explain to me how it'll affect you if you don't own a share there??

May God forgive you. What should she do. Human will always complain cheei

timibare:
Eye service shior

You haven’t proffer a solution, you criticize does that have stood up. You see you are one of the problems ? I just hope you don’t have family members you have heard from who live in SA or if your family Bread winner has a business in SA, I hope you will be able to say this. I’m sure you work for MTN

blackboy:
See the stupidity of those supporting the retaliatory attacks. It is Nigeria that will suffer more. Who owns the Lekki Shoprite? A Nigerian. The brand Shoprite if Im not mistaken is a franchise. Nigerians work there and own a share. MTN , Multichoice etc Nigerians own shares and work there. In Nigeria no foreign company can come in 100% foreign owned.
Go to Aso Rock to protest or the embassy or NASS not looting

I don’t have an mtn simcard, I patronize adide , shoprite is just too far and I am not home to watch my Gotv. Truth be told the reason why we are still here is because we are cowards we cman our for revolution and just this few occurrence we have started complaining.

9iceprince:
I will support you the moment you show a picture of you destroying your mtn sim aswell as that of your well wishers and wen you show a picture of your destroyed DSTV decoder..bcoz charity begins at home

While proving a point with violence some people will be at the wrong place at the right time. Some people will lose and some will gain.Not all acts of justice are just, some are skewed, some are unfair but the message is now clear enough...that no one has monopoly of violence! I won’t stoop low to hurl abusive words at you.

Princeofasia:
to everyone who reasons like you sould be burnt alive cos u are stupid and useless. and stupid and useless people should not struggle the limited oxygen with sensible people. u should be used for manure. the fucking building and business are owned by hard working nigeriansidiot

To every one who doesn’t support this lootings just like South Africans do, kinky proffer a solution and please don’t say we should wait for the government because they have failed us and won’t do shit. Now the South Africans know that there investment has been affected because no one will want to dare be under there franchise now inturn affecting them here in Nigeria. A message has been passed across however. We are not ready to lose but we do want change, how’s that possible?

Give a solution if you think this is wrong. Please don’t tell us to wait for the government because they won’t do shit

MrBrownJay1:
Sadly bro, people are either very stoopid or just go along for the free stuff they will get from looting. These franchises are mostly owned by Nigerian, employing Nigerians.

Who says South Africa wont lose, would The Nigerians who are under the franchise not stop business with them? Will this not trigger the South African investors to talk to people in their govt? Why are we so scared in this nation, we don’t want to part away with anything but we want a change. Yes Nigerians are affected butnit will definiately affect South Africa since it’s there brand. It will stop people from investing with them and a message will be passed that Nigerians are not fools and the worst is yet to come

DrayZee:
Lol. South Africans aren't losing any single thing. I now understand the problem of Nigeria. Most of its citizens are daft.

How can you take food away from the mouth of your own people, and then deceive yourself saying it's South Africans that are suffering.
Till now, have you seen any single South African beg Nigerians to stop what they're doing?
Nigeria use una brain oh.

2 days for a 6 hour destination

Very possible

ubcandid:
The marriage picture's angle can make him look older.

Do you really understand my comment? I don’t think so. It’s well nevertheless

AgreatMan:
Na so, u are just blinded-sided intentionally. Is this man too old to be 54?

See dem Haters.... keep hating. He Dey your body

Iykenuwa:
You sound punished already

Fayemi claims to be 54 years old, which simply mean he got married at 24. Is this what a 24 year old Nigerian man look like?i am not understanding

Lol I pity the offsprings of those forming good citizens online. May God not allow evil befall is that’s when you will realize Nigeria isn’t just a shithole but a wasted nation.

Is the boy Harry Potter?? Does he have some special powers?

I guess this doesn’t bring a bad image to the country but a scammer who scams $299 is he reason behind strict immigration policy to the US. All of us na thief

May God punish you if you spoke ill about those who were arrested and with this news you applauding the US also. Fucking Haters

Load/effort= M:A if you know you know

I think they are better than yahoo boys since they don’t bring a bad image to the country. Duping fellow Nigerians that you know you all are struggling. Who is more heartless? Some them will come online to point accusing fingers too. All of us na thief, from the local vendor that short sells commodities to the pastor that extorts his congregation to the director of a parastatal that hold on to pension just to yield profit, to entrepreneurs that over charges. No sin is above any. Las las we go carry our individual crosses and cry our cries.

Awon omo Saint saviors high school Ikotun leleyi mehn���� alma mater

People wey be mumu, they forget that poverty is vanity too

nwakibie3:
where are the vanity upon vanity crew?

make una come food don land