UPDATE: Why We Locked Up Outlets Of Some Nigerian MerchantsUPDATE: Why We Locked Up Outlets Of Some Nigerian Merchants

UPDATE: Why We Locked Up Outlets Of Some Nigerian Merchants


Boakye Boateng

Following the lock up of the outlets of some Nigerians in Ghana, the Ghanaian authorities have defined the precise motive they determined to lock the outlets  amid an ongoing controversy in regards to the Ghana Funding Promotion Council (GIPC) registration.

It was earlier reported that the requirement for GIPC registration is $1 million minimal overseas fairness, whereas registration charge is 31,500 cedis.

Reacting to the controversy that has trailed the GIPC registration in an interview with Starr Information, Boakye Boateng, the top of communications within the nation’s commerce ministry stated it will be unfair for the Nigerian merchants to complain of insensitivity.

He additional alleged that the merchants have been pardoned for over a 12 months following the intervention of President Nana Akufo-Addo.

Boateng Mentioned;

“It can’t be that we’ve been insensitive. If that’s what they’re saying, I’ll be  disenchanted as a result of I’ll relatively say they’ve relatively been unfair to us as a regulatory physique as a result of we’ve given them extra time than sufficient to the extent even the Ghanaians thought that the ministry was not on their facet or the ministry wasn’t able to even implement legislation.

“So, it’s very shocking to me for them to say that we’ve not given them sufficient time. Should you recall way back to December final 12 months, these outlets have been locked, the president intervened and we requested that the outlets be re-opened as a result of the very legislation that offers GUTA the correct to be the only merchants in our market, that very same legislation requires sure group of individuals are those that can go and do legislation enforcement and never you, so permit us to do our work.


“They complied, the outlets have been opened. Since then we’ve given them a chance to regularise the doc and submit it to us for verification, that has not been performed. Now, this train began from Abossey-Okai on Monday. As a result of we’ve by no means been to Abossey-Okai  for this train, once we went there we didn’t simply begin locking outlets. We went there, we inspected the outlets and we gave them notices that  in 14-days they need to make sure that all their essential documentations be full. These individuals have been served notices for over a 12 months now.”


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