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President Zuma to Buhari; Attacking S'African Own Business Could Cripple Nigeria Economy

Friday  March 11, 2016 

The South African President, Jacob Zuma, yesterday, while addressing a joint session of the National Assembly in Abuja, disclosed that the country has over one hundred and twenty companies in Nigeria, lamenting that attacking South African own corporation could endanger Nigeria's economy, as the country is facing dwindling economy.

While cautioning Nigeria lawmakers over the fine filed against MTN, President Zuma urged the Nigerian government to give the South African businessmen more opportunities to invest in the critical sectors of the economy, such as power, tourism, infrastructure, agriculture, and agro-based processing, among others.

Zuma said doing this will disentangle the African countries from the volatility of the world market and other neo-colonialism, just as he acknowledged the role plaid by Nigeria in the fight against Apartheid in South Africa.

While admonishing Nigerian government, as the biggest economy, to take the lead in industrial revolution, he said the experiences the country had in mining and solid mineral sectors will be of great essence to Nigeria, if South Africa is given opportunity.

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