Nigeria, Ghana get trade dispute settlement committee

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo has inaugurated an inter-Ministerial Committee for the implementation of the signed joint statement between Nigeria and Ghana.

The joint statement and the inter-ministerial committee are the outcome of a high-level bilateral meeting between the Nigeria delegation led by the minister and representatives of Ghanaian government led by that country’s Minister of trade held between May 31 and June 2.

This is contained in statement issued by the minister’s Special Adviser on Media, Mr Ifedayo Sayo, in Abuja.
Inaugurating the committee headed by the Permanent Secretary in the ministry, Dr Evelyn Ngige, the Minister noted that the Federal Government approved a delegation to engage and find solution to the crisis.

“President Muhammadu Buhari, approved the constitution of a delegation to Ghana in order to engage and effectively find a lasting solution to the recurring dispute between Nigerian traders and their Ghanaian counterparts through a bilateral engagement.
The dispute between the two countries worsened with the eviction of Nigerian traders in 2007 and the closing of over 300 Nigerian traders’ shops in 2018.

“You may recall that in 2018, the problem was aggravated by the country’s efforts to enforce the GIPC Trade Act which requires non- Ghanaian traders to have an investment portfolio of One Million Dollars to engage in any retail business in Ghana

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