Nigerians In South African Communities Given Quit Notice
Nigerians residing in two South African communities have allegedly been served a quit notice to vacate the region after being accused of introducing drug-related crime and prostitution to their community.
The two South African communities are Kuruman community in Northern Cape Province and Klaafontein community, Extension 5 in Johannesburg.
President of the Nigerian Union in South Africa, Ikechukwu Anyene disclosed that the Klaafontein community has directed landlords in the area not to renew the rent of Nigerians residing in their properties while the Kuruman community in Northern Cape Province has given the Nigerians residing there until June 16th to leave their community.
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According to Anyene, the South African communities claim that efforts to stop the Nigerians from engaging in such crimes have failed as most of their children and youths have been badly influenced by the Nigerians residing there.
But Anyene argues that some of the perpetrators of the alleged crimes in these regions have been wrongfully identified as Nigerians. He gave an instance where a Ugandan man who allegedly raped a girl in Kwazulu Natal Province, was wrongfully identified as a Nigerian in the South African press.
Anyene, therefore, called on the Nigerian High Commission in South Africa and the Federal government to speedily intervene in these unfortunate developments so that the affected Nigerians who have their businesses and investments in the communities, are not left stranded. However, the Nigerian government was yet to respond to the report as at press time.
Meanwhile, the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has advised Nigerians to take advantage of the first-ever $300 million Diaspora bond.
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In a statement issued by her Media Assistant, Abdurrahman Balogun, Dabiri-Erewa said the Diaspora bond, while providing an opportunity for Nigerians in the Diaspora to participate in the development of the country, would serve to finance capital projects.
The Debt Management Office (DMO), had announced the commencement of a global offering of Nigeria’s first Diaspora Bond by filing a registration statement for the bonds with the U.S. Securities and Exchange Commission.
In February, the Federal Government had announced the offering of $1billion Euro Bond under its newly-established, One Billion Dollars Global Medium Term Note programme, as part of measures to fund capital expenditures.
Dabiri-Erewa noted that the Diaspora bond is being rolled out to the benefits of Nigerians, adding that it was a unique way of boosting the interest of Nigerians living outside the country to participate in the developmental projects back home.
The Presidential aide, who was excited that the National Assembly approved the Diaspora Bond, believes that Nigerians abroad would want to support development in their homeland.
On its part, the DMO said application would be made for the bonds to be admitted to the official list of the U.K. Listing Authority, and the London Stock Exchange (LSE) Plc, to ensure that the bonds were admitted to trading on the Exchange’s regulated market.
“The bonds will be direct general obligations of Nigeria and will be denominated in U.S. dollars. TheInternationall Joint Lead Managers are Bank of America, Merrill Lynch, and the Standard Bank of South Africa Limited.
“The Nigerian Joint Lead Managers are First Bank of Nigeria Limited and United Bank for Africa Plc,” the office said.
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The DMO added that there would be a series of investor meetings in the U.K., the U.S. and Switzerland from June 13 and that the pricing was expected to occur following the investor meetings and subject to market conditions.