The Federal government has decried the closure of Nigerian Traders shops in Ghana saying urgent steps would be taken to address the issue.

The Ghanian authorities had explained that the closure of the shops belonging to Nigerian traders was premised on their ‘failure’ to pay the Ghana Investment Promotion Council (GIPC) registration fees.

The requirement for GIPC registration is $1 million minimum foreign equity, while registration fee is 31,500 cedis.

While reacting, the Minister of Foreign Affairs, Geoffrey Onyeama described the closure of the shops as painful.

“Nigerian Government has watched with dismay the painful videos of the forceful closure of the shops of Nigerian traders in #Ghana. Urgent steps will be taken.” he twitted.

The president of Nigerian Traders Union in Ghana, Mr Chukwuemeka Nnaji, had in an interview decried the closure of shops owned by Nigerians, saying the Ghanaian authorities demanded cash payment of $1million from them before the shops would be opened.

He said an inter-ministerial task force went round on August 10 to identify shops owned by Nigerian traders and requested for registration of business taxes, resident permit, standard control and Ghana Investment Promotion Council (GIPC) registration.

Nnaji, added that the humiliation of Nigerians in Ghana, “is getting out of hands” just as he called for the intervention of the Nigerian government.

Source: https://www.dailytrust.com.ng/fg-reacts-to-closure-of-nigerian-traders-shops-in-ghana

$1m before you can open shop in Ghana?

This Nigerian government needs to get it right in the game of international politics and diplomacy...... lesser countries in Africa seems to be taking us for granted o thanks to the docile government in power....can imagine this happening during the so called bad Obasanjo government

Hian...

Except if Nigeria Ambassador want to pretend Ghana authority did not inform him about the crack down .

When they have even sold the Nigeria embassy house in Ghana...

Notice he said it's painful. He didn't claim what they did was illegal or violates ECOWAS protocols. What exactly is the peaceful resolution that he wants. If Traders violated law then Ghana did nothing wrong. Nigeria has similar laws on their books they enforce.

Lol it would be interesting to see if Ghana really want to fold on this issue during an election year. The ruling party would handing easy cannon fooder for their opposition. They would look weak violating their laws to appease foreigners.

Ps: the registration fee for trading company is 31,500 cedis. The capital requirements are a millon dollars. Ignorant people are misinforming the public becsuse they refuse do simple web search.

Ghana what you’re doing to your fellow African-Nigerian brothers is really unfair!

Tomorrow is pregnant oh!

Nigeria will be great!!!

NetCash01:
$1m before you can open shop in Ghana?

When Ghana people that can boast of 1million dollars are not up to 50, what an irony!

Demanding such from single shop owners amount to madness.

failed nation, keep embarrassing ur people everywhere, soon Niger will start deporting Nigerians

Nigerian traders in Ghana should come together to form a conglomerate. Get a massive plaza near the market to sell the various goods, register it with a name, bank account and directors.

nero2face:
failed nation, keep embarrassing ur people everywhere, soon Niger will start deporting Nigerians

thats what happen when people dont read.

NetCash01:
$1m before you can open shop in Ghana?

As in eh!.....the thing shock me oh......I don't blame Ghana......I blame our leaders for turning giants into cockroaches.......but we shall rise again.

theenchanter:
thats what happen when people dont read.

u that read till end, oya blame Ghana or individual Nigerians for trading in Ghana, how many Ghanaians are here trading in Nigeria... spit for u

Foolish govt

When you are in Rome behave like the Roman, Nigerians should respect Ghanaian law and slam the $1 million on them.

Useless Nigerian government. It’s all your fault.

Ghana and Nigeria wan turn to Iraq and Iran but Oluwa no go gree

I wonder why most African countries dey rub shoulders with us...no be we chop the meat na

Nigeria still remains Ghana's big brother

have mercy

From South Africa to Ghana, Nigerians are disrespected, WHY?

Reactor kor power station Ni.
Once people knows a bulldog is toothless it is not worth a pinch of salt, no matter how much or how long it barks.

Nigeria and Nigerians got themselves into this insult... since we stop developing our own country.

We all know it's painful so don't tell us that. Simply tell us what you're going to do about it

That the only thing the Supposed Giant of Africa would do, react and fould arms waiting for more Foreign Aid or loan too loot

they won't fix the country to have a place for those business owners yo return to
Neither are they willing to help those whose Hussle has taken them beyond the borders of this hell hole

In essence EVERYONE ON THEIR OWN, GOD FOR US ALL

They better do o!

Let's do the math,

$1,000,000 x #470

#470,000,000

And I ask...how much will now be the trading capital if these traders should pay this...it doesn't even make sense...The message is simple, Ghana is simply telling Nigerian traders, park and go we don't want you anymore.

fellow Nigerians, please leave that country and move on, when the house owner doesn't want you anymore, you have no business fighting him in his own house...It's foolish...the only sorry situation is the spineless attitude of Nigerian govt to protect it's citizens, It's a disaster to be a Nigerian coz even Somalia will treat you like a piece of shit...

For the Ghanian government to peg equity of foreign business to be at $1 Million dollars, it is an indirect way of saying "go back to your country".

Their reaction won't effect any changes...

Ok