Ghana in trouble - 600 shops in Ghana to be shut down by Nigerian Senate - Speakers Den

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Saturday, December 21, 2019

Ghana in trouble - 600 shops in Ghana to be shut down by Nigerian Senate

Ghana in trouble


The Federal government; as Nigerian Senate agree to close down about 600 Nigerian citizens shop in Ghana.

Being a while now, the Country Ghana as not being in favour of Nigerian Shop in the country, there being policies and punishments over Nigerian traders and Businesses in The country Ghana.
As at Today In the senate house meeting Dr. Patrick Ifeanyi Ubah voiced the motion on the issue of Nigerian traders and business injustice in Ghana, as he said the government needs to act fast and investigate the injustices encountered by Nigerians in Ghana.

Also the Senator of Anambra Senatorial District used his official media page to address the public saying; "Today being Saturday, December 21, 2019, I sponsored a motion on the urgent need to investigate the alleged injustices suffered by Nigerian traders and businesses in Ghana.

He also said "I emphatically reminded the Senate that Ghana and Nigeria as member states of the Economic Community of West African States (ECOWAS) have reciprocal obligations under the ECOWAS protocol to their respective citizens to reside and do business within their territories without injustice.

He further stated that as at the end of 2010, Nigerian businesses accounted for 60% of foreign investments in the country and Ghana from the African continent.

Further aware of the desire of the Ghanaian Government to promote trade, businesses and good neighborliness between both country, many Nigerian businesses established in Ghana creating thousands of jobs for Ghanaian citizens and generally contributing to the growth of the Ghanaian economy.

He also expressed worries over the fact that the flourishing economic relations between Nigeria and Ghana has come under repeated threats as a result of recent hostile posture of Ghanaian authorities and indigenous Ghanaian Traders Union towards Nigerian traders through;

- The adoption of discriminatory legislations aimed at frustrating Nigerian traders and businesses such as the passage of the Ghana Investment Promotion Commission Act 865 (GIPC) that raised the amount of money in registering businesses owned by foreigners (mostly owned by Nigerians) in Ghana to $200,000 and further restriction and prohibition of foreigners from trading in particular markets.

- Injustice over Nigerian traders and other hostile acts directed against Nigerian businesses such as the recent closure of over 600 shops and businesses belonging to Nigerians carried out by the Ghanaian Union of Traders (GUTA) on 2nd December, 2019 amd which remained closed ip to the time of moving this motion.

- Enactment of the Ghana Investment Promotion Centre (GIPC) ACT 865 of 2013 which prohibits ECOWAS citizens from engaging in small and medium scale enterprises (SMEs) by foreigners.

As this we expect a sign of change over the Ghanaians policy and Government molestation over Nigerian traders.

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