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Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee - Business - Nairaland

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CBN & Bankers Committee Suspends Lay-offs In Banks / Nigerian Traders' Shops Closed In Ghana As They Cry Out / Ghanaian Traders Shut Nigerian Shops, Again (2) (3) (4)

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Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by temptnow: 7:58am On Aug 14, 2020
The Presidential Committee on Retail Trade under the Ministry of Trade and Industry will begin the closure exercise from today, 13 August 2020 at the Kwame Nkrumah Circle in Accra.

The Committee’s actions follow notices served ahead of time to these foreigners to that effect.

The Committee is expected to move to Opera Square, Zongo Lane, Kantamanto, UTC and Kumasi to fish out foreigners involved in retail trade in the country without the necessary documents.

In recent times, there have been several encounters between Ghanaian traders and their foreign counterparts, especially Nigerians, over the involvement of the latter in retail business in Ghanaian markets.

The Ghana Union of Traders Association (GUTA) has frequently confronted the Nigerian trading community in Ghana against retail trading in the Ghanaian markets.

This has led to the closure of shops, protests and destruction of property.

The Nigerian trading community has time without number argued that the Economic Community of West African States (ECOWAS) protocols allow free movement of goods and people across West Africa.

However, the ECOWAS protocols give foreigners space to transact business for only 90 days.

Section 28(2) of the Ghana Investment Promotion Centre Act, 865, expressly outlines the conditions under which a person who is not a citizen can engage in trading activities.

It provides that a person who is not a citizen may engage in a trading enterprise if that person invests in the enterprise, not less than US$1 million in cash or goods and services relevant to the investments.


The Act further provides that “trading” includes the purchasing and selling of imported goods and services.

A further condition imposed on foreign enterprises that intend to engage in trading by Section 28(4) is that such an enterprise must employ, at least, 20 skilled Ghanaians.

However, Section 28(5) of the Act stipulates that the minimum foreign capital requirements to invest in Ghana, including for engaging in trading, do not apply to the foreign spouse of a citizen of Ghana to the extent that the foreign spouse is or has been married to a citizen of Ghana for a minimum period of five years continuously or holds an indefinite resident permit before registration of an enterprise, amongst others.


https://mobile.ghanaweb.com/GhanaHomePage/business/Foreign-owned-shops-to-be-closed-in-Accra-today-1032940
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by ModestGal(f): 8:00am On Aug 14, 2020
Lol
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Kriss216: 8:02am On Aug 14, 2020
A further condition imposed on foreign enterprises that intend to engage in trading by Section 28(4) is that such an enterprise must employ, at least, 20 skilled Ghanaians.
Who will be paying the at least 20 skilled Ghanaians
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by francisbarrack(m): 8:03am On Aug 14, 2020
another blow for audio big brother ..
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by majamajic(m): 8:03am On Aug 14, 2020
Why differentiate the shops ?
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Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by gangstarmonk(m): 8:13am On Aug 14, 2020
IMAGINE THE NONSENSE?


WE'LL NOT RETALIATE. E GET WHY. wink
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Nukilia: 8:13am On Aug 14, 2020
When you fail to build your country, this is what you get from a fellow black man

1 Like

Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Simplyleo: 8:15am On Aug 14, 2020
majamajic:
Why differentiate the shops ?
When things start going wrong, there is need to go back to the foundations.

Ghanaians and Nigerians have been relating cordially and many things were done just based on understanding without neccessarily considering provisions of the law.

Apparently, some people have started "owning 98% of Ghana", and the only option left for the Ghanaians is to invoke relevant provisions of the law in trade among ECOWAS countries.

From South Africa, now Ghana. Na only Nigerians dey do business outside Nigeria? angry
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by OkuFaba(m): 8:16am On Aug 14, 2020
Everybody trying t match the so called GIANT OF AFRICA..

I blame it on the leaders, this is what they projected us to the world, now anybody can make mockery of us
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Meto1234(m): 8:18am On Aug 14, 2020
"Ghana must go" is gradually changing to "nigeria must go".
and no stable electricity dey kill us here.
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Whiteangel1234: 8:20am On Aug 14, 2020
This Ghana issue don tire person

Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by IgbalodeRaymond: 8:22am On Aug 14, 2020
yesterday it was ordinary Niger deporting us
today it's common Ghana

chaiii Buhari's crime to humanity can never be forgiven

Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Esseite: 8:22am On Aug 14, 2020
Get a Trusted Ghanian to buy into shareholding of the company... or give birth to a ghanian child and give him or her controlling share capital.. simple.
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Osuman(m): 8:25am On Aug 14, 2020
Rubbish, trying to intimidate Nigerian.
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by PlayerMeji: 8:47am On Aug 14, 2020
Why should any country lax out their laws for us... Especially when such countries know of the depth of corruption in our nation.

They know the only reason for Nigerians to be in Ghana is to evade the stench of the rot in our corrupt system.

They know that no one is coming to help these traders because Nigeria simply does not care.....

They can as well even take their lives for all they care...
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by majamajic(m): 9:47am On Aug 14, 2020
Simplyleo:

When things start going wrong, there is need to go back to the foundations.

Ghanaians and Nigerians have been relating cordially and many things were done just based on understanding without neccessarily considering provisions of the law.

Apparently, some people have started "owning 98% of Ghana", and the only option left for the Ghanaians is to invoke relevant provisions of the law in trade among ECOWAS countries.

From South Africa, now Ghana. Na only Nigerians dey do business outside Nigeria? angry

Population of Nigeria is much , they can not all do business only inside Nigeria , besides they do contribute to the host country's economy too
Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by Vyzz: 9:59am On Aug 14, 2020
Simplyleo:

When things start going wrong, there is need to go back to the foundations.

Ghanaians and Nigerians have been relating cordially and many things were done just based on understanding without neccessarily considering provisions of the law.

Apparently, some people have started "owning 98% of Ghana", and the only option left for the Ghanaians is to invoke relevant provisions of the law in trade among ECOWAS countries.

From South Africa, now Ghana. Na only Nigerians dey do business outside Nigeria? angry

Re: Nigerian Shops To Be Closed In Accra Today - Ghanaian Presidential Committee by dominique(f): 10:11am On Aug 14, 2020
The topic is quite misleading, I thought it was the president of Ghana that ordered the closure.

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