July 27, 2017

Ghana cancels policy on $300,000 capital base for Nigerian traders

The Ghanaian government has rescinded its policy compelling Nigerian businessmen and traders to pay a minimum capital of $300,000 or have their businesses shut down. The defunct policy had also mandated Nigerian businessmen and traders to employ at least five Ghanaians as condition to operate their offices and shops. Nigeria’s High Commissioner to Ghana, Ademola Onafowokan made this known to State House correspondents in the advanced team of President Goodluck Jonathan’s visit to Accra. President Jonathan will participate in the funeral rites of John Atta Mills, Ghana’s president who died in office on July 24 . The funeral for Mills…