The Nigeria-Ghana Business Council & the Nigeria Union of Traders Association (NUTAG) Ghana have commended the Speaker of the House of Representatives, Femi Gbajabiamila over his intervention in the trade disputes with the government of Ghana.
Members of the Nigeria-Ghana Business Council said through their President, Omoba Bambo Ademiluyi, that Gbajabiamila’s visit to Ghana has made positive impact and paved the way for an amicable resolution to the trade dispute.
In a letter of appreciation and commendation dated September 5 and addressed to the Speaker, Ademiluyi 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.
On their part, members of NUTAG said in another letter addressed to the Speaker dated September 6 that Gbajabiamila’s visit and engagement with the Ghanaian authorities were timely and a right step in the right direction.
In the letter, signed by the association’s President, Chukwuemeka Nnaji, the Nigerian traders urged the Speaker not to despair in ensuring that resolutions reached during the interface are implemented by all concerned parties.