Nigerian Traders In Ghana Ordered To Pay $1m, Chased Out Of Their Shops

Nigerian shop owners in Ghana have been left in a state of distress after the authorities ordered them to pay taxes and other fees totallying $1m .

Nigerian Traders In Ghana Ordered To Pay $1m, Chased Out Of Their Shops
Ghana wants to force Nigerian traders to pay $1m

The country’s Ministry of Trades, while insisting on the payment, said that claims of unfair treatment on Nigerian traders in the enforcement of the Ghana Investment Promotion Council regulations were not true.

Appearing on Starr FM on Sunday, the Head of Communications, Ministry of Trade, Prince Boakye Boateng, said the law being enforced by the Ministry gave the Ghana Union of Traders Association the right to be the sole traders in the local market.

This signifies the collapse of the earlier intervention of the Presidents of Ghana and Nigeria through the Economic Community of West African States.

Ghana is asking the Nigerian traders to pay a $1m registration fee.

One of the Nigerian traders had recorded a video of the incident while his shop was being locked up by the Ghanaian security officials.

Despite displaying his business registration certificate and other documents, the enforcement team shut his shop.

Boateng said Nigerian traders failed to honour an ultimatum to meet the requirements.

He said, “It cannot be that we’ve been insensitive; if that is what they’re saying, I’ll be disappointed because, I’ll rather say they have rather been unfair to us as a regulatory body because we have given them more than enough time to the extent that even the Ghanaians thought that the ministry was not ready to enforce the law.”

READ ALSO: The Evidence Against Kashamu In The US Was Falsified -Lawyer Says

Recall that the Nigerian Senate had tasked its Committees on Foreign Affairs and Trade and Investment to liaise with the Federal Ministry of Foreign Affairs to investigate hostile policies against Nigerian businesses in Ghana.

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UPDATE: Why We Locked Up Shops Of Some Nigerian Traders - Ghanaian Authorities Explains

Mon Aug 17 , 2020
Following the lock up of the shops of some Nigerians in Ghana, the Ghanaian authorities have explained the actual reason they decided to lock the shops amid an ongoing controversy about the Ghana Investment Promotion Council (GIPC) registration. It was earlier reported that the requirement for GIPC registration is $1 […]
Why We Locked Up Shops Of Some Nigerian Traders - Ghanaian Authorities Explains