Centre cautions Nigeria against economic backlash as it calls for diplomatic engagement and stronger protection for citizens abroad….
The Centre for the Promotion of Private Enterprise has expressed concern over the recent xenophobic attacks in South Africa, describing the incidents as troubling, particularly as Nigerians are among those affected.
In a statement dated May 6, 2026, and signed by its Chief Executive Officer, Muda Yusuf, the organisation said the attacks undermine the spirit of African unity and shared development.
The group noted that Africans should see themselves as partners in progress, adding that the situation contradicts the ideals of Pan-African cooperation.
CPPE identified economic and social pressures as major drivers of the violence, including high unemployment, poverty, inequality, and weak public service delivery in South Africa.
It explained that many perpetrators are frustrated citizens who wrongly direct their anger at migrants, especially those perceived to be economically successful in informal trade and service sectors.
According to the organisation, Nigerians are particularly vulnerable due to their strong entrepreneurial presence, which has led to resentment among some locals.
The group also pointed to lapses in policing and law enforcement, urging South African authorities to strengthen intelligence gathering, improve security, and ensure offenders are prosecuted.
While condemning the attacks, CPPE cautioned against retaliatory actions by Nigeria, stating that such measures would be counterproductive.
The organisation warned that targeting South African businesses operating in Nigeria could harm the local economy, weaken investor confidence, and strain bilateral relations.
It highlighted that companies such as MTN Group, Shoprite Holdings, MultiChoice Group, and Standard Bank Group have contributed significantly to job creation, service delivery, and economic growth in Nigeria.
The think tank advised the Federal Government to prioritise diplomatic engagement with South African authorities to ensure the safety of Nigerians while preserving economic ties.
CPPE stressed that the focus should remain on protecting lives, enforcing the rule of law, and strengthening African solidarity.
