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Nigeria’s Buhari Set To Meets Nana Addo Over Retail Feud Between Ghana And Nigerian Traders

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Nigeria leaders set to meet the president of Ghana Nana Addo over a retail feud between Ghana and Nigeria that has been there for the past twenty(20) years.

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The two countries have endured over 20 years of marketable dispute in Ghana – Ghana forbids foreigners from venturing into retail trade but Nigerian authorities disagree President Akufo-Addo is expected to meet Nigerian President, Muhammadu Buhari, in an outstanding ECOWAS meeting in Accra on 31 May.

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Ghana’s retail laws, under the GIPC Act, do not permit foreigners – including Nigerians – to take up trading activities along retail markets in Accra. Foreigners who wish to scrutinize retail readiness will have to invest 1 million dollars and employ up to ten Ghanaian before given a license to operate.

But this has not been the case with Nigerian retailers in the country. A recent swoop by a task force established by President Akufo-Addo through the Ministry of Trade and the Ghana Union of Traders Association (GUTA), has so far seen over 200 shops belonging to undocumented Nigerian retailers shut.

SOURCE: Yen.com.gh

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Kubi is an Entertainment and sport lover who always wants to give his audience the current happenings in the Entertainment industry in Ghana and Nigeria.

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