Friday 10 August 2012

Nigerians Doing Business In Ghana Free From Paying $300,000 Capital Base Requirements




The Nigerian Government has convinced Ghanaian authorities to rescind it’s recent policy which compelled Nigerians business persons in Ghana to pay a minimum of $300,000  or have their business closed.
The Nigerian High Commisioner in Ghana Ademola Onafowokan, made this known to journalists that accompanied the President of Nigeria, President Goodluck Jonathan on his trip to Accra for the funeral of the late Ghanaian President, John Atta Mills.

The capital base requirements had caused a lot of controversies as Nigerians doing business under the umbrella of Nigerian Union of Traders Association in Ghana(NUTAG) and the Eagle Circle Traders, pleaded with the Nigerian Federal Government to intervene and cut short what they alleged to be gross discrimination and unfair trade laws contrary to that of the Economic Community of West African States (ECOWAS).
Onafowokan said the Nigerian High Commission stepped in and succeeded  in putting a stop to the policy. “Ghana, just like Nigeria, welcomes foreigners, so let us quickly remove the erroneous impression that Ghanaians are trying to drive Nigerians away like we did to ourselves in the past,” he said. “That is not happening at all. Since I came here, I have had been on top of the matter. I have spoken extensively on it and I have had the course to meet with members of NUATAG here, calm them down, that this is a borrowed home and not our home.
The problem that we are not focusing on is that we Nigerians ourselves have a lot to do to educate and educate our people from home. The National Orientation Agency should do a good job.
Click on source to read more

No comments:

Post a Comment