Speaker of Nigeria’s House of Representatives, Femi Gbajabiamila has called on the Ghanaian authorities to revisit the component of the Law that requires a capital base of one million dollars for businesses to start, saying as Africans, Ghana should encourage brotherliness.
This was made known in a Statement by the Speaker’s Special Adviser on Media and Publicity, Lanre Lasisi during a ‘Legislative Diplomacy’ bilateral meeting with the Ghanaian Lawmakers as part of his ongoing
visit to Ghana to resolve the crisis between the two countries. The Speaker advocated for an amicable settlement of Trade disputes through arbitration and fair Judicial processes.
Gbajabiamila noted that it is the sovereign right of the Government of Ghana to pass and implement the GIPC Act but called on it to explore alternative and less aggressive options of engaging, sanctioning and
relating with traders and business people who operate in Ghana, pay taxes and contribute to the development of Ghana and Nigeria.
The Speaker said as ECOWAS countries, the two Nations and its citizens should be able to live, work and thrive in both countries without any form of hindrance or discrimination.
Gbajabiamila advised both countries to explore the principles and the application of ECOWAS protocols – which they are both signatories to.
The House Speaker noted that the relationship between Nigeria and Ghana is one of the most important in Africa especially at a time the world is battling the Covid-19 pandemic and the economic impacts and the pressures on public coffers “and service delivery systems are weighing heavily. He stressed that it is not a time for conflict and disagreements, but a time for partnership and solidarity.