Ghanaian govt chasing us out, lament Nigerian Bizmen

Akwabaa...!!!

Nigerian businessmen operating in Ghana yesterday cried out to the Nigerian government to come to their rescue as Ghanaian authorities have commenced closing their shops for allegedly operating illegally.
The Nigerian traders said their shops were closed because they were said not to comply with the government policy which requires them to have an initial capital of $300,000 and employ 10 Ghanaians before they can start any business in Ghana regardless of the
size of the business.

Ghanaian authorities have been embarking on hostile business practices against Nigerians who are predominantly in real estate, textile and garments, electronics, banking and telecommunication and tourism. The Ghanaian government had imposed high tariff on Nigerian movies and restricted Nigerian actors from shooting films in Ghana. Nigeria’s telecommunication giant, Globacom was caught up with the high cost of doing business which caused it to delay some crucial aspects of its operations last year. The presidential candidate of Labour Party Otunba Dele Momodu, said the attitude of Ghanaian government is a flagrant violation of the ECOWAS protocol and that the Nigerians who are doing business in Ghana hold the key to Ghana’s economic revival. He said Nigeria must stand up to the  maltreatment of Nigerian in Ghana because Nigeria has been too good to their West African neighbour.

Lagos state Government had said yesterday that Nigerians should stop empowering Ghanaians and other West Africa countries by taking businesses to those countries at the detriment of Nigeria. Sources said Ghanaians are very jittery about Nigerians especially those who are in real estate business who are buying out their Ghanaian counterparts. Nigeria supplies electricity to Ghana and under the Obasanjo administration Ghana got over One hundred million dollar loans from Nigeria.

Culled- Vanguard

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