The Ghanaian Parliament Speakers and the House of Representatives in Nigeria, Rt. Hon. Hon. Professor Aaron Michael Oquaye, Rt. Hon. Hon. Olufemi Gbajabiamila is in talks to find solutions to the problems raised by the application of the Ghana Investme...
ghana, nigeria, trade
The Ghanaian Parliament Speakers and the House of Representatives in Nigeria, Rt. Hon. Hon. Professor Aaron Michael Oquaye, Rt. Hon. Hon. Olufemi Gbajabiamila is in talks to find solutions to the problems raised by the application of the Ghana Investment Promotion Center (GIPC) Act 2013, Law 865 by Ghana.
Discussions have been conducted so far as to how the implementation of Act 865 can be enforced in a way that will not make Nigerian traders unemployed in Ghana since most of them had their shops closed and some fines imposed on them in accordance with the provisions of Act 865.
In all the discussions held so far, Ghana 's sovereignty and national interest in the matter has been at the forefront burner.
Participants in the discussions included the 12-member delegation from Nigeria, the Minister of Trade from Ghana, the Minister of National Security, the Deputy Minister of Foreign Affairs, the Chief Executive Officer of the GIPC, the Chairman and Deputy Ranking Member of the Parliamentary Committee on Foreign Affairs, the Clerk to Parliament and some key staff from Parliament.
Speaker Olufemi Gbajabiamila referred to the economic , social and political ties that bind Ghana and Nigeria together in his speeches at a round table discussion in Parliament on Wednesday, September 2, 2020, and urged both countries to use legislative diplomacy to resolve the issues that confront them.
This he said is most appropriate, since he and Speaker Oquaye had worked together on previous occasions, using the same tools to solve economic problems not only between the two countries but within the sub-region.
Ghana's trade minister, Alan Kyeremanteng, explained the context and implementation of the GIPC Act and said it was not targeted at any particular nationals and certainly not Nigerians. He outlined ways in which the two countries with the required benefits can have mutual trade relations.
Speaker Oquaye though assuring Nigeria of the good intentions of Ghana also pointed out that reports on the issue could have exacerbated tensions and warned that private or commercial agreements between individuals and organizations of the two countries should not be confused with the commitments of the governments. In the Resolutions, he also promoted the use of diplomacy.
Both countries are keen on finding a lasting solution to the matter.