Trade Dispute: Nigerian Traders in Ghana Commend Gbajabiamila for intervention
The Nigeria-Ghana Business Council and the Nigeria Union of Traders Association Ghana (NUTAG) have commended the Speaker, House of Representatives,Femi Gbajabiamila over his visit to Ghana to intervene in the trade disputes with the government of Ghana.
A statement by the Special Adviser to the Speaker on Media and Publicity, Lanre Lasisi said members of the Nigeria-Ghana Business Council had written a commendation letter to the Speaker to show their appreciation for the intervention.The statement said the letter was conveyed through Council’s President, Omoba Bambo Ademiluyi who noted that Gbajabiamila’s visit to Ghana has made positive impact and paved the way for an amicable resolution to the trade dispute.
According to the statement, the Nigerian Traders in a letter of appreciation dated September 5 and addressed to the Speaker, said: “It is on record that your trip brought about the highest involvement of both governments in this dispute that has been on since 2007.
“Your proposals and presentations have given rise to two very vital solutions to the problem: 1. The review of the GIPC Act demanding $1,000,000 deposit for foreign investors in Ghana as it concerns Nigerians. 2. The promotion of the Nigeria-Ghana Business Council backed by legislation to superintend on trade and business issues between the two countries.”
He said the formation of the business council as proposed by the Speaker was a welcome development.
“Our objectives and activities align with the proposal which is being introduced to superintend trade issues of the two countries.
“It is, therefore, our wish to express support for the formation of this council and request that we work with your team to see to a successful emergence of a government-backed Business Council.”