Adedayo Akinwale in Abuja
The Speaker of the Ghanian Parliament, Hon. Alban Bagbin, has called on the Nigerian Government to review the prohibition list banning the importation of specific commodities into the Nigerian market from other countries, including Ghana.
He said the request underscored by the resolution as captured in the communique of May 31, 2021, following the efforts by the leadership of Ghana and Nigeria parliaments to pursue parliamentary diplomacy towards finding a lasting solution to the trade impasse between some Ghanaian and Nigerian traders in Ghana.
Bagbin made the request yesterday while addressing members of the House of Representatives in Abuja.
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THE Ghanaian and Nigerian governments, on Wednesday, agreed to make a special law that would facilitate trade
and address the crisis that has lingered between both countries.
Speakers of the Parliament from the two nations Femi Gbajabiamila (Nigeria) and Alban Sumana Bagbin (Ghana) disclosed this during a press conference after a closed-door meeting held in Abuja.
Head of the Ghanaian delegate Bagbin said a consensus had already been reached through a special mechanism that would prevent a recurrence of the conflicts usually between traders from both nations.
A special committee comprising selected lawmakers from Ghana and Nigerian is to work in alliance to enact the Ghana-Nigeria Friendship Act.
Alban Sumana Kingford Bagbin
Speaker of Ghanaian Parliament, Alban Sumana Kingford Bagbin, has advised the Federal Government to review the list banning importation of specific commodities into Nigeria.
He pleaded with the Nigerian authorities to fine-tune the policy to align with contemporary international trade practices, pledging his parliament’s support to end the impasse between traders of both countries.
Bagbin, who was addressing the House of Representatives at plenary, presided over by its Speaker, Femi Gbajabiamila, yesterday in Abuja, hinted that his leadership had appointed a seven-member committee as his country’s delegation to the joint committee of eminent persons of both nations’ legislatures to ensure enactment of the Ghana-Nigeria Friendship Act.
$1m Business Fee: Nigeria, Ghana Parliamentary Leaders Discuss Ending Trade Dispute ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.
Bennett Oghifo
Nigerians, and other foreigners, who are planning to acquire property in Ghana should know they are entitled to a leasehold of 50 years only, but it can be renewed if the holder desires.
Individuals and businesses can buy property in Ghana. If their interest is land purchase, then they may choose from the five types of land available. They can also buy a building or buildings and in all cases prepare their 50 years lease document in collaboration with their vendor and this will be taken to the Ghana Lands Commission for authentication and processing. The only document required during property purchase is the identity of the Nigerian or non-Ghanaian, for instance, a passport. Businesses with over 40 per cent non-Ghanaian ownership-structure are considered foreign. Officials of this Commission said it takes 140 days to complete documentation. They are working on reducing the time to process leasehold to 30 working days, but now it is between 90 days and 140 days.