Nigerian traders in Ghana asked to pay $1 million for registration fee

The  Ministry of Trades in Ghana has declined the  claims of mean treatment by Nigerians who trade in the country during the enforcement of the Ghana Investment Promotion Council regulations.

Ministry of Trades in Ghana requested that traders must pay some certain amount of money to continue their trade in the country

Even after the involvement of the president of Ghana and Nigeria, there is no changes to the law that has been given.

A Nigerian trader in Ghana recorded a video where they locked his shop and asked him to pay a sum of  $1 million for registration fee.

The victim had shown the officials his business registration certificate and other documents but the enforcement team was adamant as they insisted on shutting his premises.

Talking about the situation on Ghanaian radio station, Prince Boakye Boateng who is the Head of Communications, Ministry of Trade, said that Nigerian traders did not meet the requirement

He said, “It cannot be 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 even on their side or the ministry wasn’t ready to even enforce the law.”

He recalled that the shops were locked last December and later re-opened following the intervention of President Nana Akufo-Ado.

According to Prince he said that they have payed but have not regularized their document for verification

Boateng explained that the law being enforced gave the Ghana Union of Traders Association the right to be the sole traders in the local market.

The Spokesman, Ministry of Foreign Affairs, Mr Ferdinand Nwonye, said the Nigerian mission in Accra was yet to send a formal report on the harassment of the traders to the ministry.


Ademuyiwa Richard seun is the founder and author of Ademuyiwa Richard seun is a student in Lagos State University, studying Electronics and Computer Engineering. He is from Osun state and currently resides in Lagos. Richard started web designing in 2020.

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