After Gbajabiamila Meeting, Ghana Considers Reviewing $1 Million Business Requirement

Speaker of the House of Representatives, Femi Gbajabiamila , and President of Ghana, Nana Akufo Ado, discuss bilateral relations on September 3, 2020.Ghanaian President, Prof. Nana Akufo Ado has suggested he is open to reviewing his country’s $1m capital base requirement for foreign businesses, Nigeria’s House of Representatives said in a statement on Friday.

“Though targeted at foreigners, it seems GIPC’s definition of foreigners is Nigerians,” Information Minister, Lai Mohammed, said in a statement on August 28.

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Review law on $1m business capital, Gbajabiamila tells Ghana
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Gbajabiamila Urges Ghana To Revisit Law On $1m Business Capital | Leadership NewspaperGbajabiamila Urges Ghana To Revisit Law On $1m Business Capital Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has advocated an amicable settlement of trade disputes between Nigerians and their host
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Gbajabiamila asks Ghana to revisit law on $1m business capitalSpeaker of the House of Representatives, Femi Gbajabiamila, has made some far-reaching proposals that would bring an end to the attacks on Nigerian traders doing business in Ghana, asking his host to review the law on $1 million business capital.
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