Ghana has prohibited some items from entry into its domain, following Nigeria’s foot steps that restricted 41 items from access to foreign exchange. Ghana however has placed a ban on some goods from being imported into the country.

Ghanaian Minister of Trade and Industry, Mr. Ekwow Spio-Garbrah stated yesterday that Ghana and Nigeria are said to account for some 68 per cent of the ECOWAS region’s Gross Domestic Product. President Muhammadu Buhari with his Ghanaian counterpart, President John Dramani Mahama. Nigeria accounts for almost 10 per cent of Ghana’s foreign trade volume, whereas Ghana is listed as the 9th largest trade partner to Nigeria

Favourite investment hub In spite of the difficulties, Ghana remains Nigeria’s largest trade partner and favourite investment hub in the West Africa sub-region, as Ghana imports the largest share of all Nigerian oil exports in the West African sub-region. While ‘bagged cement’ is on Nigeria’s prohibition list, Dangote Cement brings in and bags some 750,000 tonnes of cement a year for the Ghanaian market, and is expected to increase this to 1.5 million tonnes by end of this quarter. The Chief Executive Officer of Ghanaian Association of Ghana Industries condemned Nigeria’s economic policies and stated that there should be a clear letter written to the Nigerians complaining about this, and then also try and use some diplomatic means to quickly resolve it,” “If it does not work then we must also look at countervailing measures…it could be product targeting,” he said. “If we also make it difficult for them to export, then we would have to find common ground,” Kate Quartey-Papafio, CEO of Reroy Cables argued

Even for those who are able to export to Nigeria, you have to get different certificates for different customers and it takes a whole lot of time to get it. It makes the whole thing so cumbersome. You are exporting the same thing but you have to go and get certificates for each of the customers,” she said. Nigeria has used an “Import Prohibition List” to refuse certain goods entry into that country, including a host of pharmaceutical products. Also, the Managing Director of Intravenous Infusions Limited, a pharmaceutical company, Mr Richard Okrah noted that his company could have generated an additional 25% of export turnover from the Nigerian market. “We have been making efforts through our agent in Nigeria to get us off this list. But it is becoming a very difficult job for us,” Richard Okrah told the B&FT by phone

The company, he said, currently produces close to 6million IV fluids of various sizes per year, and that: “We have the capacity to step this up to 15 million because we are installing a new semi-automated plan that should be up and running by the middle of April this year”. He said his company faces no such restrictions from Burkina Faso, Cote D’Ivoire and other countries where it exports to.

I know some people wil stil say Mr jonathan cause this

Change oooooo.

Chai

they are scared of the make in Nigeria goods campaign. unfortunately no going back, Nigerian will face this once and for all. the government will continue to come up with policies that restrict goods that can be produce in Nigeria so that the local producers can raise, talking about oil is of little important to us now, they can go ahead and dump our oil, we give up on that already.

Sài BUBU.....

And may the devil Punish the yoru.... for voting an illiterate

lolz I warned u guys, (pro APC) before election, e ti ri nkankan

I know this might not be too good for Nigeria economy, but for caption was deceptive. When Ghana ban the supply of gas, then I will know that Ghana is serious.

Lol... I am beginning to think this new policy make sense sef. So Ghana has turned our teeming population to their market base. They even based 10% of their economy on Nigeria export.

kk

I didn't know it's a bad thing to ask your people to grow and produce locally?

Notin good comes easy. Ride on Buhari !

Good one, let the economy crash on the presidiot's head. You wanted power by force, you must carry the load on that your aging skull.

wow

Imports must undergo strict scrutiny of course to ensure quality and also to protect our home market and save foreign exchange.

Ghana is looking out for thier interest,just like Buhari is doing for Nigeria.

emzila:
they are scared of the make in Nigeria goods campaign. unfortunately no going back, Nigerian will face this once and for all. the government will continue to come up with policies that restrict goods that can be produce in Nigeria so that the local producers can raise, talking about oil is of little important to us now, they can go ahead and dump our oil, we give up on that already.

Read and understand before commenting. Nigeria is placing bans on locally available goods and Ghana is doing the same.

emzila:
they are scared of the make in Nigeria goods campaign. unfortunately no going back, Nigerian will face this once and for all. the government will continue to come up with policies that restrict goods that can be produce in Nigeria so that the local producers can raise, talking about oil is of little important to us now, they can go ahead and dump our oil, we give up on that already.

You just stole my lines and for that you deserve three bottles of origin.

Well payback is a... Many years ago, this militant that knew nothing expelled millions of Ghanaians for nothing, and today, Ghana is doing better than Nigeria, from Football, to infrastructure, to you name it.

This is because Nigerians love to recycle the same poop, are in love with and have accepted how things have always been, and too afraid of real change.

I remember the men in pink shirts in Lagos, maybe 300 or so, with We want Buhari Prints I said, why not do this for Fashola or Donald Duke, Onovo or even Kwakwanso?

Too bad that they have been militarized in mind