Speaker of the House of Representatives, Rep. Femi Gbajabiamila and the Speaker of the Ghanaian parliament, Rt. Hon. Mike Oquaye on their way out after meeting with the President of the Republic of Ghana, Nana Akufo-Ado towards the resolution of some issues involving Nigeria and Ghana in Accra on Thursday, 3 September, 2020. Photo: Speaker’s Media Unit.
The Ghanaian President gave the assurance when the Speaker of Ghana’s parliament, Prof. Mike Oquaye, upon completion of the 2-day extensive dialogue, led his Nigerian counterpart on a courtesy visit to the President at the Jubilee House, Accra, Ghana on Thursday. Responding to a request by Gbajabiamila for a review of the Ghana Investment Promotion Centre Act to make certain concessions, President Akufo-Addo said the request was in order as it “makes a lot of sense”.President of Ghana, Professor Nana Akufo Ado and Nigeria’;s Speaker of the House of Representatives, Femi Gbajabiamila discuss at a meeting to resolve trade dispute between both countries.
“The time has come for us to take these worthwhile steps. I suggested to Mr. President that it will be a good idea to set up a joint ministerial committee of ministers from both sides who will be responsible for shepherding Ghana and Nigeria issues, reporting to both presidents at any one time, and that is how they should be resolved.”
“If it is not possible, then let us look at ways the pain can be reduced, like those expectations required in the law. They acknowledged that many stakeholders in the retail sector have limited appreciation of the trade laws of Ghana, in particular, Section 28 of the GIPC Act, which provides for the conditions under which non-Ghanaians can engage in trading activities and urged the relevant regulatory authorities including the GIPC and Trade Attaches of foreign missions to educate their citizens on the trade laws.