Nigerian traders thank Ghana government for letting them stay in retailing

Nigerian traders thank Ghana government for letting them stay in retailing

- The directive had come for foreigners to leave the retail market by July 27

- But the government revoked its order citing lack of education

Nigerian traders in the country have expressed gratitude to the government for suspending its directive to sack foreign retailers from the various markets in the country. The suspension comes in the wake of pressure groups advancing the cause of foreign retailers.

The Trade Ministry had issued a directive to foreign traders operating in the market to move out by July 27. The rationale given then was that the retail business was one reserved for local traders.

But the ministry later suspended the directive, citing low education and inadequate consultations. But not everyone is happy.

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Nigerian traders thank Ghana government for letting them stay in retailing

Among others, the Kumasi Central Market is one of the biggest retail points for foreigners. Photo credit: Google Images

The Ghana Union of Traders Association (GUTA), according to citinewsroom.com, has expressed its disappointment over the current development and has asked members to defend their businesses. It is not clear what the union means by "defending" businesses.

Local traders on their part in the retail industry have been calling for the removal of their foreign counterparts. They have also accused the foreigners of evading taxes.

But a leader of the Nigerian Traders Group in Ghana, Yahaya Alhassan has assured that it has begun a scheme to get Nigerian traders to pay their taxes.

Alhassan speaking to Citi Business News said that the pressure being mounted on government by GUTA is unnecessary.

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He went on: "the Nigerian traders are many so we cannot control all of them but we will make sure that they all do the right things”.

“we are very law abiding and we mean no evil. I understand their frustration but they should understand that God gives and will give all of us our share of the market.”

He also thanked the Nigerian high commissioner for negotiating with government on their behalf.

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Source: Yen.com.gh

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