Ghana Union of Traders Association (GUTA)has orders its citizens to shun all Nigerian products. This call follows the closure of Nigerian borders by the Nigerian Government. The trade war seems to …
Ghana Union of Traders Association (GUTA)has orders its citizens to shun all Nigerian products.
This call follows the closure of Nigerian borders by the Nigerian Government.
The trade war seems to thickened between Nigeria and Ghana when GUTA calls for a total boycott of Nigerian goods imported into Ghana
Earlier, the greater Accra regional secretary of GUTA, David Kwadwo Amoateng hadaccused the Nigerian government of not being fair to foreign traders, asking the Nigerian government to open the Ghana-Nigeria border for free trading.
Ghanaweb reports that the union made the call in retaliation to the closure of the Nigeria border by the Buhari administration. Traders union believes that the Nigerian government will be forced to open up its land borders for foreign goods if the boycott is adhered.
The greater Accra regional secretary of GUTA, David Kwadwo Amoateng on Adom FM’s morning show, Dwaso Nsem, on Friday, October 19, accused the Nigerian government of been unfair to foreign traders. He said instead of the Ghanaian government to retaliate by preventing Nigerian traders from importing goods into Ghana, it has failed to take action.
Amoateng said some Nigerian products taken over the Ghanaian market while local ones in their are suffering, “Let’s boycott Nigerian products as payback to their government’s action. How can we be slaves in our own country? Either somebody’s bread has been buttered or we are cowards. Government is not being fair to us,” he said.
According to the News Agency of Nigeria (NAN), the federal government’s closure of Nigeria’s land borders has been supported by the International Monetary Fund (IMF).
Abebe Selassie, the director of the African department at the IMF, made the organisation’s position known on the sidelines of the World Bank/IMF Annual Meetings in Washington, USA.
Selassie speaking while responding to a question on whether the border closure negates the African Continental Free Trade Agreement (AfCFTA).
He said the IMF understood that the Nigerian government closed the border due to smuggling and other illegal trades, although free trade was critical to Africa’s economic growth and development, it must be legal and in line with agreements.