I got this from BusinessDay, and was surprised, considering all the hue and cry about manufacturing companies fleeing to Ghana.
Enjoy!

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Recent media reports that many Nigerian companies may have relocated to Ghana on account of poor infrastructure and inclement operational environment may not be supported by facts on ground in Accra.
Extensive enquiries and investigations by BusinessDay in the Ghanaian capital found no evidence of relocation of Nigerian companies as depicted in the media. On the contrary, relevant Ghanaian authority say that apart from the growing number of Nigerian businesses opening new frontiers Bashir Borodo, President, MAN
in the country, only individual businessmen have been making inquiries on setting up new businesses.
All enquiries made so far have could not validate the claims of both the Nigerian and Ghanaian media that Nigerian companies have been closing down to relocate to Ghana in search of better infrastructure and investment climate.
When BusinessDay contacted Cletus Kosiba, executive director of Association of Ghana Industries (AGI), Nigeria’s equivalent of the Manufacturing Association of Nigeria (MAN), to confirm that Dunlop has indeed relocated to Ghana, he said he had no knowledge of that or where Dunlop is located. Dunlop had been roundly named as one of the major organizations that had relocated its manufacturing facility to Ghana on account of high production cost.
BusinessDay also went to the Ghana Investment Promotion Center (GIPC), where all foreign investors go to register their intended businesses according to the investment law of Ghana. There was no record of Dunlop Nigeria registering there, nor that of any other Nigerian firm relocating to Ghana.
A source at GIPC’s department that receives enquiries and registers new businesses, and who preferred anonymity, told BusinessDay that all that they have had were Nigerian individuals coming in with fresh investments and that there has been no record of an already existing firm coming to make a fresh start in Ghana.
He also said that they are aware of some Nigerian companies that have moved into Ghana by way of expansion. He cited the already existing Nigerian banks that opened subsidiaries in Ghana as well as those in the oil industry as the only ones the GIPC is aware of.
Again, in a recent interview with BusinessDay, Ghana’s Minister of Trade and Industry, Hannah Tetteh, said of the purported relocation of Nigerian companies to Ghana: “I am not aware of any. What I am aware of is Nigerian banks opening subsidiaries here. We also have some Nigerian companies that were already in the energy sector doing oil business like Sahara. We have some in computer assembly like OMATECH. They are few others but not the kind of wholesale scale as your media will have it.”
So far, BusinessDay’s on-going investigation has not unearthed any such Nigerian companies relocating to Ghana. Interestingly, however, there are more talks of Ghanaian companies seeking opportunities to get into the Nigerian market to explore its rich potentials.
At the recently held Ghana Club 100 award ceremony, an industries rewarding event organized by GIPC, Kasapreko, a successful local distillery company that earned a fourth place on the 2009 ranking, was reported by myjoyonline as seeing the Nigerian market as the next frontier to be conquered.
It plans to get into the Nigerian market, following after the footsteps of such other big Ghanaian front-runner companies like Camelot Industries, Voltic Mineral Water and UT Financial Services, amongst others, who are already in Nigeria despite the much talked about poor infrastructure and harsh investment climate.