00:00:00
TFMNGTV LIVE SPORTS 1-5 STREAMS AT THE TOP LEFT SPACE BELOW (if not on autoplay already, click play, cancel redirecting pages, this may take 3 or more attempts, then get the audio unmuted thereafter by moving your cursor on the video in search of unmute icon by the right bottomđź‘Ś). WATCH AND LISTEN TO TFMNGTV GENERAL CHANNEL ATOP & TFMNGRADIO GENERAL CHANNEL BY THE TOP RIGHT SIDE WITH THE TV TOO

Monday, 17 August 2020

Ghanaian authorities reveal why Nigerian shops were locked.


Ghanaian authorities have explained why they locked up some Nigerian-owned shops in the country amid an ongoing controversy about the Ghana Investment Promotion Council (GIPC) registration.

 

Recall, the requirement for GIPC registration is $1 million minimum foreign equity, while registration fee is 31,500 cedis, according to reports.

 

Reacting to the controversy that has trailed the GIPC registration in an interview with Starr News, Boakye Boateng, the head of communications in the country’s trade ministry said it would be unfair for the Nigerian traders to complain of insensitivity.

 

He further alleged that the traders were pardoned for over a year following the intervention of President Nana Akufo-Addo.

 

Boateng said; 

 

“It cannot be that we’ve been insensitive. If that is what they’re saying, I’ll be  disappointed because I’ll rather say they have rather been unfair to us as a regulatory body because we have given them more time than enough to the extent even the Ghanaians thought that the ministry was not on their side or the ministry wasn’t ready to even enforce law. 

“So, it’s very surprising to me for them to say that we’ve not given them enough time. If you recall as far back as December last year, these shops were locked, the president intervened and we asked that the shops be re-opened because the very law that gives GUTA the right to be the sole traders in our market, that same law requires that a certain group of people are those who can go and do law enforcement and not you, so allow us to do our work.

“They complied, the shops were opened. Since then we have given them an opportunity to regularise the document and submit it to us for verification, that has not been done. Now, this exercise started from Abossey-Okai on Monday. Because we have never been to Abossey-Okai  for this exercise, when we went there we did not just start locking shops. We went there, we inspected the shops and we gave them notices that  in 14-days they should ensure that all their necessary documentations be complete. These people have been served notices for over a year now.”


 Receive news alert via Whatsapp from The Forefront Media Org, send a message to +2348124620827.




LIKE US ON FACEBOOK

THE FOREFRONT MEDIA ORG FACEBOOK PAGE (FOR VIDEOS, TWEETS AND MORE).


SHARE THIS POST NOW WITH OTHERS ON SOCIAL MEDIA.

No comments:

Post a Comment

Disclaimer!!! Opinions expressed in comments do not represent THE FOREFRONT MEDIA NG's views. All participants are entitled to their opinions. Thank you!!!


Advertise on the Forefront: For advert placement in the blog or advert posts like news updates, reach +2348124620827 [WhatsApp].

Copyright 2022 The Forefront Media Ng. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from The Forefront Media Ng

Featured post

NAFDAC laboratory qualifies to test chemicals associated with weapons of destruction

N AFDAC) has been enlisted by the Organisation for Prohibition of Chemical Weapons (OPCW) to test all chemicals    associated with weapons o...

TRENDING POSTS IN ONE WEEK