$1m Business Fee: Nigeria, Ghana Parliamentary Leaders Hold Talks Over Trade Dispute

Speaker, House of Representatives, Rep. Femi Gbajabiamila exchanging pleasantries with his Ghanaian counterpart, Rt. Hon. Kingsford Alban Bagbin after the Speaker of the Ghanaian Parliament addressed members of the House of Representatives in plenary on Wednesday 7th July, 2021.

Nigerian and Ghanaian parliamentary leaders on Wednesday commenced a discussion on how to resolve the trade impasse between the two countries.

Speaking at a press conference after a closed-door diplomatic meeting in Abuja, the Speaker of the Nigerian House of Representatives Femi Gbajabiamila and his Ghanaian counterpart Alban Sumana Bagbin, said the trade dispute would soon become history.

According to a statement issued after the closed-door meeting, and signed by Gbajabiamila, the Ghanaian lawmaker was admitted to the House to address the members as part of “Parliamentary diplomacy” of Nigeria’s House of Reps.

The trade dispute between both countries arose after the Ghanaian authorities imposed a $1million business participation fee on foreigners seeking to do business in Ghana.

“We got assurance from both sides that the issue of trade dispute will be a thing of the past. We’re now putting up a mechanism to make sure that these issues don’t come up again in the future,” Bagbin said.

Source: Channels