According to a Presidency source familiar with the matter, Nigeria is also considering pulling out of the World Economic Forum scheduled for Capetown, South Africa, on September 4-6 over the xenophobic attacks.
Earlier, the Democratic Republic of the Congo, Rwanda and Malawi pulled out of the event.
Presidents Paul Kagame (Rwanda), Felix Tshisekedi (DRC) and Peter Mutharika (Malawi) have all withdrawn from the event.
The source added that Nigeria has also demanded for full compensation for the victims of the attacks.
According to the source, this is the outcome of President Muhammadu Buhari, Osinbajo and Foreign Affairs Minister, Geoffrey Onyeama, brainstorming session on the raging xenophobic attacks of Nigeria in South Africa.
Onyeama had on Tuesday during at a joint news briefing with the South African High Commissioner to Nigeria, Mr. Bobby Moroe, insisted: “In the first place, we must address the issue of compensation. There has to be accountability and there has to be responsibility for compensating all those Nigerians that have suffered loss and we are going to absolutely push forward.”