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Ghanaian Government Closes Nigerian Businesses In Accra. - Business (2) - Nairaland

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Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Rhino5dm: 9:05pm On Jul 06, 2012
Ghanians? Stup!d people.

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Nobody: 9:06pm On Jul 06, 2012
Payback tym!4rm 'Ghana must go' to 'Nigerians must go'...'the young shall grow' is a truism.Ghana has grown,Nigeria is growing SMH

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by warrior01: 9:10pm On Jul 06, 2012
Never knew some people went to school to become more daft
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by PetroDolla: 9:15pm On Jul 06, 2012
stupid?u don shark ogogoro,abi? Go to your contri na insult? bastard!
Rhino.5dm:
Ghanians? Stup!d people.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by ebamma(m): 9:16pm On Jul 06, 2012
the ghanaians have nothing to lose in nigeria,afterall how many ghanaian businesses are here,even the population of ghanaians in nigeria is not up to 10,000
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Rhino5dm: 9:19pm On Jul 06, 2012
Lagos economy is greater than ghana and Fashola has build more roads in Lagos than the whole of ghana.

These fools should have learnt from south africa before starting the wild fire that will surely consume them. I suggest a military base in accra.


binger: Payback tym!4rm 'Ghana must go' to 'Nigerians must go'...'the young shall grow' is a truism.Ghana has grown,Nigeria is growing SMH

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by kumbalo(m): 9:20pm On Jul 06, 2012
Rossikk:

My friend, are u insane?. This has NOTHING to do with ''developing our country''. Are Chinese in Nigeria doing business because they need to ''develop their country'' or are they here because of market saturation in China?

Nigerian business people overseas are there because they reckon they can make more profit from the greater demand in non-saturated markets like Ghana. In fact their moving abroad to make profit indicates growing economic buoyancy in Nigeria.

na so.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by tinkinjo: 9:20pm On Jul 06, 2012
I'm also aware that there are thousands of Ghanaians in Nigeria whose investments are not up to $300,000....send them home!
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Rhino5dm: 9:22pm On Jul 06, 2012
Ghaninan? They are mostly retarrds.



PetroDolla: stupid?u don shark ogogoro,abi? Go to your contri na insult? bastard!

Do you have some alamo bitters for sale? Shyyt!!

2 Likes

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by omoghana22: 9:23pm On Jul 06, 2012
******************* edited **********************


READ THE FACTS BELLOW.

CLARIFICATION FROM THE MINISTRY OF TRADE & INDUSTRY ON THE ACTIONS OF THE INTER-AGENCY TASK FORCE THAT IS WORKING TO ENSURE THAT FOREIGNERS IN THE TRADING RETAIL SECTOR CONDUCT THEIR OPERATIONS IN ACCORDANCE WITH THE LAWS OF GHANA.

The attention of the Ministry of Trade & Industry has been drawn to a number of statements in the public domain, and in the media that show a basic misunderstanding of the exercise that is currently being undertaken by the inter-agency task force led by the Ministry of Trade & Industry to ensure that foreign traders comply with the laws of Ghana.

When the Ministry undertook this exercise it was stated that the Ministry was taking steps to enforce the Ghana Investment Promotion Centre Act, 1994 (Act 478) which made it quite clear that activities that are categorized as petty trading, and small trading businesses were reserved in the act for Ghanaians. It is important to note that the act does not prevent foreigners from trading in Ghana, it however provides for a situation where foreign traders are expected to engage in larger scale trading activities that indeed provide Ghanaian Consumers with wider product choices. However recognizing that petty trading is an area which does not require a large capital outlay in starting a business, it was decided to reserve that as an area of operation for Ghanaians.

Generally speaking therefore in order for a foreigner to undertake trading activities in Ghana he or she must invest at least three hundred thousand united states dollars in their trading activity, they must employ at least ten Ghanaians and they must also not locate their trading activities in the markets, but are at liberty to operate in any commercial area that is not a market. Therefore trading in Makola Market for example is not allowed, but establishing a shop in any commercial area such as locating on the Kojo Thompson Road or on Osu Oxford Street in Accra, for example is allowed.

The Ghana Investment Promotion Centre Act was passed into law in 1994, and at that time even though there were foreign traders operating in the country, they were not doing so on the scale and in the numbers that are present today. Over the last ten years especially as the economy has expanded there have been many more foreign traders who have established in Ghana and though a good number of them have made the effort to comply with the GIPC Act there are a number of them who have not done so. Indeed over the last two days as fifty shops within Makola have been locked, at least half of them have no form of business negotiation whatsoever, let alone compliance with the GIPC Act.

The action taken by the Inter-Agency Task force is to ensure compliance with the GIPC Act, however the Task Force is making some exceptions for ECOWAS citizens in recognition of the ECOWAS Protocol on the right of residence and establishment. Specifically ECOWAS citizens are not being asked to have invested US$300,000.00 neither are they being asked to employ ten Ghanaians in their businesses. They are however expected to meet the same conditions that Ghanaian citizens who start businesses are expected to comply with. This means that they are required to register businesses with the Registrar General’s Department, they are required to register with the Ghana Revenue Authority and pay taxes in the same way as Ghanaians are expected to do, and because they are not our nationals they are expected to properly apply for residential status in Ghana.

Recently the Minister of Trade & Industry – Ms. Hanna Tetteh had the opportunity to meet a delegation from the ECOWAS Parliament, after the Nigerian Union of Traders Association in Ghana petitioned the ECOWAS Parliament informing them that the Government of Ghana was engaged in an action targeted at ECOWAS citizens. The Minister had the opportunity to inform the ECOWAS Parliament that this was not the case and that they had been misinformed, and the Ministry wishes to use this opportunity to restate that this action is not targeted at ECOWAS Citizens, but to bring sanity into the operations of foreign traders activities in Ghana.

We also wish to inform the public that in conducting this exercise the Ministry and inter-agency task force have been very careful to ensure that the affected persons are made aware that this is not an effort to sack them from our country, on the contrary this is an exercise to ensure that they operate legally. Over the last four months the task force engaged the Traders in the markets and informed them about the need to meet the obligations under the act and informed them about what they were required to do. They were also informed that after the four month sensitization period was over the inter-agency Task Force would begin to act to enforce the law, and this is the exercise that is ongoing at the moment.
The inter-agency task force has not arrested, any foreign trader, neither have they confiscated any trader’s goods. Further the task force has not seized any traders property, nor have they taken action to have any foreign traders deported.

The task force has however, asked these traders to lock their shops, and have also placed the task force’s padlocks on these shops and has asked all affected traders to report to the Director for Domestic Trade & Distribution of the Ministry, so that working with the inter-agency Task force they will be assisted to properly legalize their operations.

The exercise in respect of requesting ECOWAS Traders to locate in other commercial areas and not the markets has been suspended for one month after the consultations with the ECOWAS Parliamentary delegation. During this period they will also be informed of the actions they need to take to ensure that their business operation in Ghana are legal. The actions that we expect ECOWAS Traders to take, and in which they will be assisted by the Ministry and inter-agency task force are as follows: they should properly register their businesses with the registrar generals department, they should also register with the Ghana revenue authority, and they should obtain valid residence permits. They will be assisted in this exercise by the inter-agency task force and the Ministry of Trade & Industry.

We trust that this publication will clarify the situation for the Ghanaian public and also the Foreign Traders operating within Ghana, and we request their cooperation in ensuring that they can properly and legally establish their business operations in our country. We also request the Media to refrain from using inflammatory language in reporting on this exercise, and not to describe the action taken as “flushing out” foreign traders from Ghana. This is not the case, and we request it should not be characterized as such.

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by bigbasho: 9:24pm On Jul 06, 2012
I wonder o. We share opinion here nt insult? We r ol matured. Lets watch our tongue pls.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Nobody: 9:25pm On Jul 06, 2012
I'm pretty sure the Ghanaian Gov have good reasons to shut them down.

2 Likes

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by PetroDolla: 9:26pm On Jul 06, 2012
look @ urself in the mirror and see the biggest fool that ever lived. Crass nonsense. so tell me what offence has Ghana commtted? Where were bombastic morons like you when nigeria deported 2 million Ghanaians under very humiliating circumstances in 1983 n 85?
Rhino.5dm:
Lagos economy is greater than ghana and Fashola has build more roads in Lagos than the whole of ghana.

These fools should have learnt from south africa before starting the wild fire that will surely consume them. I suggest a military base in accra.


1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Rhino5dm: 9:27pm On Jul 06, 2012
Speak for yourself!

bigbasho: I wonder o. We share opinion here nt insult? We r ol matured. Lets watch our tongue pls.

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by DECOtech(m): 9:28pm On Jul 06, 2012
Arosa: I think it's time to teach Ghana a little lesson.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by tinkinjo: 9:29pm On Jul 06, 2012
If Ghana thinks that it will grow her economy through such policies then it should do a rethink.
This is surely no way of fighting unemployment.

It may probably be a gimmick to show that it is coming of age. Pity them.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Nobody: 9:30pm On Jul 06, 2012
Rossikk: Personally I think we should BREAK DIPLOMATIC RELATIONS WITH GHANA.

This nonsense has gone on too long.

I can bet you their economy would collapse like a house of cards if we pulled the plug on them. Stop the low priced oil supplies, order our banks and financial institutions to divest from their economy. And finally, we could clandestinely sponsor their neighbours like Ivory Coast and Burkina Faso to destabilize them, since they have no real army to defend their country. In fact we could mess them up so badly they'd be worse than Somalia in 3 years. In the end, we'll send in our ECOMOG troops to save them from themselves, and they'll become another grateful Nigerian 'colony' like Sierra Leone and Liberia.





u think like a mafia!
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Afam4eva(m): 9:31pm On Jul 06, 2012
Every country just wants to use Nigeria to shine. Nigeria is like Goliath while all these country are small but mighty. Let's hold our leaders accountable and stop disgracing ourselves outside the shores.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Toktee(m): 9:34pm On Jul 06, 2012
Where is that guy in forign affairs that gave south africa bloody nose,GHANA MUST GO
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Rhino5dm: 9:35pm On Jul 06, 2012
How dare you compare legitimate business men with bunch of gaynian parasites sent back from nigeria years back? Alamo bitters?! person!



PetroDolla: look @ urself in the mirror and see the biggest fool that ever lived. Crass nonsense. so tell me what offence has Ghana commtted? Where were bombastic morons like you when nigeria deported 2 million Ghanaians under very humiliating circumstances in 1983 n 85?
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by PetroDolla: 9:36pm On Jul 06, 2012
it's their contri o jare. Dem fit run am anyhow as dem see fit. Ghana has done very well with their economy so take your advice somewhere else.
tinkinjo: If Ghana thinks that it will grow her economy through such policies then it should do a rethink.
This is surely no way of fighting unemployment.

It may probably be a gimmick to show that it is coming of age. Pity them.

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by izenco2005(m): 9:39pm On Jul 06, 2012
C common Ghana won pursue my people wonder shall never end, Make I laff in chinese style gin yin gin yin gin yin gin yin gin yin.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Ezeufi: 9:41pm On Jul 06, 2012
Do these nyigbos who operate illegally in Ghana pay any income tax? if they dont then the Ghanian authority have every right to shut down their shops.
No yoruba or northerner would travel all the way to Ghana to just open a shop selling used, reused and refused car batteries. So it must be nyigbos angry
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Elueme: 9:42pm On Jul 06, 2012
Rossikk: Personally I think we should BREAK DIPLOMATIC RELATIONS WITH GHANA.

This nonsense has gone on too long.

I can bet you their economy would collapse like a house of cards if we pulled the plug on them. Stop the low priced oil supplies, order our banks and financial institutions to divest from their economy. And finally, we could clandestinely sponsor their neighbours like Ivory Coast and Burkina Faso to destabilize them, since they have no real army to defend their country. In fact we could mess them up so badly they'd be worse than Somalia in 3 years. In the end, we'll send in our ECOMOG troops to save them from themselves, and they'll become another grateful Nigerian 'colony' like Sierra Leone and Liberia.You are thinking.. Why I love America anytime anyday





Re: Ghanaian Government Closes Nigerian Businesses In Accra. by PetroDolla: 9:44pm On Jul 06, 2012
fucking bastard with a brain of a tadpole, what 'legitimate' business nonsense r u talking about? Hahaha let them go back to nigeria n continue their 'legitimate' biz. To stay in another person's contri na by force?
Rhino.5dm:
How dare you compare legitimate business men with bunch of gaynian parasites sent back from nigeria years back? Alamo bitters?! person!





Re: Ghanaian Government Closes Nigerian Businesses In Accra. by omoghana22: 9:44pm On Jul 06, 2012
Ezeufi: Do these nyigbos who operate illegally in Ghana pay any income tax? if they dont then the Ghanian authority have every right to shut down their shops.
No yoruba or northerner would travel all the way to Ghana to just open a shop selling used, reused and refused car batteries. So it must be nyigbos angry


CLARIFICATION FROM THE MINISTRY OF TRADE & INDUSTRY ON THE ACTIONS OF THE INTER-AGENCY TASK FORCE THAT IS WORKING TO ENSURE THAT FOREIGNERS IN THE TRADING RETAIL SECTOR CONDUCT THEIR OPERATIONS IN ACCORDANCE WITH THE LAWS OF GHANA.

The attention of the Ministry of Trade & Industry has been drawn to a number of statements in the public domain, and in the media that show a basic misunderstanding of the exercise that is currently being undertaken by the inter-agency task force led by the Ministry of Trade & Industry to ensure that foreign traders comply with the laws of Ghana.

When the Ministry undertook this exercise it was stated that the Ministry was taking steps to enforce the Ghana Investment Promotion Centre Act, 1994 (Act 478) which made it quite clear that activities that are categorized as petty trading, and small trading businesses were reserved in the act for Ghanaians. It is important to note that the act does not prevent foreigners from trading in Ghana, it however provides for a situation where foreign traders are expected to engage in larger scale trading activities that indeed provide Ghanaian Consumers with wider product choices. However recognizing that petty trading is an area which does not require a large capital outlay in starting a business, it was decided to reserve that as an area of operation for Ghanaians.

Generally speaking therefore in order for a foreigner to undertake trading activities in Ghana he or she must invest at least three hundred thousand united states dollars in their trading activity, they must employ at least ten Ghanaians and they must also not locate their trading activities in the markets, but are at liberty to operate in any commercial area that is not a market. Therefore trading in Makola Market for example is not allowed, but establishing a shop in any commercial area such as locating on the Kojo Thompson Road or on Osu Oxford Street in Accra, for example is allowed.

The Ghana Investment Promotion Centre Act was passed into law in 1994, and at that time even though there were foreign traders operating in the country, they were not doing so on the scale and in the numbers that are present today. Over the last ten years especially as the economy has expanded there have been many more foreign traders who have established in Ghana and though a good number of them have made the effort to comply with the GIPC Act there are a number of them who have not done so. Indeed over the last two days as fifty shops within Makola have been locked, at least half of them have no form of business negotiation whatsoever, let alone compliance with the GIPC Act.

The action taken by the Inter-Agency Task force is to ensure compliance with the GIPC Act, however the Task Force is making some exceptions for ECOWAS citizens in recognition of the ECOWAS Protocol on the right of residence and establishment. Specifically ECOWAS citizens are not being asked to have invested US$300,000.00 neither are they being asked to employ ten Ghanaians in their businesses. They are however expected to meet the same conditions that Ghanaian citizens who start businesses are expected to comply with. This means that they are required to register businesses with the Registrar General’s Department, they are required to register with the Ghana Revenue Authority and pay taxes in the same way as Ghanaians are expected to do, and because they are not our nationals they are expected to properly apply for residential status in Ghana.

Recently the Minister of Trade & Industry – Ms. Hanna Tetteh had the opportunity to meet a delegation from the ECOWAS Parliament, after the Nigerian Union of Traders Association in Ghana petitioned the ECOWAS Parliament informing them that the Government of Ghana was engaged in an action targeted at ECOWAS citizens. The Minister had the opportunity to inform the ECOWAS Parliament that this was not the case and that they had been misinformed, and the Ministry wishes to use this opportunity to restate that this action is not targeted at ECOWAS Citizens, but to bring sanity into the operations of foreign traders activities in Ghana.

We also wish to inform the public that in conducting this exercise the Ministry and inter-agency task force have been very careful to ensure that the affected persons are made aware that this is not an effort to sack them from our country, on the contrary this is an exercise to ensure that they operate legally. Over the last four months the task force engaged the Traders in the markets and informed them about the need to meet the obligations under the act and informed them about what they were required to do. They were also informed that after the four month sensitization period was over the inter-agency Task Force would begin to act to enforce the law, and this is the exercise that is ongoing at the moment.
The inter-agency task force has not arrested, any foreign trader, neither have they confiscated any trader’s goods. Further the task force has not seized any traders property, nor have they taken action to have any foreign traders deported.

The task force has however, asked these traders to lock their shops, and have also placed the task force’s padlocks on these shops and has asked all affected traders to report to the Director for Domestic Trade & Distribution of the Ministry, so that working with the inter-agency Task force they will be assisted to properly legalize their operations.

The exercise in respect of requesting ECOWAS Traders to locate in other commercial areas and not the markets has been suspended for one month after the consultations with the ECOWAS Parliamentary delegation. During this period they will also be informed of the actions they need to take to ensure that their business operation in Ghana are legal. The actions that we expect ECOWAS Traders to take, and in which they will be assisted by the Ministry and inter-agency task force are as follows: they should properly register their businesses with the registrar generals department, they should also register with the Ghana revenue authority, and they should obtain valid residence permits. They will be assisted in this exercise by the inter-agency task force and the Ministry of Trade & Industry.

We trust that this publication will clarify the situation for the Ghanaian public and also the Foreign Traders operating within Ghana, and we request their cooperation in ensuring that they can properly and legally establish their business operations in our country. We also request the Media to refrain from using inflammatory language in reporting on this exercise, and not to describe the action taken as “flushing out” foreign traders from Ghana. This is not the case, and we request it should not be characterized as such.
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by Nobody: 9:46pm On Jul 06, 2012
The funny thing is dat we can't retaliate in dis case cos those dumb dudes aint got any business of their own in their country talk less of Nigeria

To helll to dem.

1 Like

Re: Ghanaian Government Closes Nigerian Businesses In Accra. by evangholy: 9:53pm On Jul 06, 2012
May GOD Almighty help our leaders to do what is morally right.Once a servant is always a servant that is whom ghana is to me "ghanain my shoe-makers" NIGERIANS should leave that place & stop disgracing us.period
Re: Ghanaian Government Closes Nigerian Businesses In Accra. by amosy007: 9:53pm On Jul 06, 2012
Ileke-IdI:
I'm pretty sure the Ghanaian Gov have good reasons to shut them down.
capital FOOOL .. Reveal urself scumbagg

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