Ghana traders lock Nigerian owned shops in Kumasi
Business & Economy section is provided to you by — #1 Nigerian online marketplace
Visit website

Ghana traders lock Nigerian owned shops in Kumasi

- Nigerian traders in the Kumasi district of Ghana have had their shops locked up

- This is the second time the Nigerians' shops have been locked up by Ghana Union of Traders Association

- There are speculations that the act was carried out in retaliation to the closure of Nigeria's land borders by the Buhari administration

The Ghana Union of Traders Association (GUTA) on Thursday, October 31 locked up shops owned by Nigerians in Kumasi, Ghana.

This is the second time such action is taken against Nigerian retailers in the district.

GUTA officials, however, justifies the action, saying it was based on the violation of the Ghanaian law.

According to them, foreign retailers violated section 27 of the Ghana Investment Promotion Centre (GIPC) Act 865.

The law stipulates that the sale of goods or provision of services in a market, petty trading or hawking or selling of goods in a stall at any place must be reserved for only Ghanaians.

Breaking: FG lifts ban on 2 humanitarian organisations operating in the northeast

There are speculations that the move must have been as a result of the Nigerian government to close its land borders with neighbouring countries.

Others say Ghanaians are afraid that Nigerians might overtake their business.

Some Nigerians have called on the Nigerian government to intervene in the situation.

Recall that President Nana Addo Akufo-Addo of Ghana on Tuesday, October 29 lamented over the border closure by the Nigerian government.

Akufo-Addo described the action of Nigeria as a big blow to regional integration in West Africa, adding that it could negatively affect the regional integration agenda.

Border Closure: Traders lament unbelievable price hike of foodstuff in the market| Legit TV


Mailfire view pixel