$1M Registration Fee: Onyeama Reacts To Closure Of Nigerian Businesses In Ghana

Related stories

Abia 4% Votes:Tinubu Not Pleased With Me, Other Allies In Southeast

By Kolawole Ojebisi Former Abia State Governor and Senator representing...

Exam Schedules: Our Timeline Makes Space For Unexpected Outcome, JAMB Replies Obi Over Criticism

By Kolawole Ojebisi The Joint Admissions and Matriculation Board has...

‘I’ll Be The Last Man Standing In APC,’ Kebbi Gov. Breaks Silence On Defection Rumours

By Kolawole Ojebisi Kebbi State Governor, Dr. Nasir Idris, has...

The Federal government has announced it will take urgent steps to address the issue of Nigerian shops closed in Ghana.

Minister of Foreign Affairs, Geoffrey Onyeama stated this on his twitter handle, @GeoffreyOnyeama, on Monday, August 17, 2020.

He said: “Nigerian Government has watched with dismay the painful videos of the forceful closure of the shops of Nigerian traders in #Ghana. Urgent steps will be taken.”

Videos had surfaced on Social media where shops of Nigerians doing business in that country were closed down by Ghanaian authorities.

According to reports, shops belonging to Nigerian traders in Accra were locked up by Ghanaian authorities who demanded cash payment of $1million from them before the shops would be opened.

The Ghanaian authorities demanded evidence of their Ghana Investment Promotion Council (GIPC) registration.

The requirement for the GIPC registration is $1 million minimum foreign equity, while registration fee is 31,500 cedis.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Abia 4% Votes:Tinubu Not Pleased With Me, Other Allies In SoutheastCardinals Set To Elect Pope Francis's Successor As Conclave Kick-off On SoonExam Schedules: Our Timeline Makes Space For Unexpected Outcome, JAMB Replies Obi Over CriticismFULL LIST: Davido, Tems, Rema, Zerry DL, Others Bag Award at 17th Headies Awards 2025‘I’ll Be The Last Man Standing In APC,’ Kebbi Gov. Breaks Silence On Defection RumoursDrama As Bayelsa Gov., Pro-Wike Group Trade Blame Over Rally ShootingsWhy I Can't Associate With Tinubu Again -- Ex-LP Campaign Spokesman, OkonkwoGrowing Poverty:Sanwo-Olu Slams Peter Obi, Tells 2023 LP Presidential Candidate To Stop "De-marketing" Nigeria2027: Tinubu Unbeatable Without Coalition, LP Ex-spokesman, Okonkwo Warns Opposition PartiesA Pope's Funeral And New Leadership Paradigm, By Dakuku Peterside  Djebah Welcomes Oborevwori into the APC FamilyNDIC Commences N46.6 Billion Liquidation Dividend Payments to Heritage Bank DepositorsPresidency Breaks Silence, Says Defections to APC Driven by Free Will, Not CoercionThe Pope Francis I knew: Reflections from CNN’s Vatican correspondentCarmichael: Canada is alone. It has only itself to blame
X whatsapp