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4.9.20

President of Ghana assures a review of $1million business capital law



The President of Ghana, Prof Nana Akufo-Addo, has assured Speaker of the House of Representatives, Femi Gbajabiamila, of the readiness of the Ghanaian Government to consider the resolutions reached at the meeting between Nigerian and Ghanaian lawmakers at the Ghanaian Parliament House.

Part of the resolutions is the amendment of a Ghanaian law that makes it compulsory for foreigners (including Nigerian traders) to have $1m as capital base to operate businesses in the West African country. The Ghanaian President, who expressed satisfaction with Gbajabiamila’s visit, endorsed his proposal for the establishment of a ‘Nigeria-Ghana Business Council’ established by law in both countries.

Read more details at Thisday.








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