The greater Accra regional secretary of GUTA, David Kwadwo Amoateng accuses the Nigerian government of not being fair to foreign traders’.
A trade war between Nigeria and Ghana appears to be brewing after the Ghana Union of Traders Association (GUTA) called for a total boycott of all Nigerian products imported into their country. 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. “Either somebody’s bread has been buttered or we are cowards. Government is not being fair to us,” he said. 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?” he stated. Meanwhile, 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, the News Agency of Nigeria (NAN) reports.
Selassie said this while responding to a question on whether the border closure negates the African Continental Free Trade Agreement (AfCFTA). Selassie said although free trade was critical to Africa’s economic growth and development, it must be legal and in line with agreements. He said the IMF understood that the Nigerian government closed the border due to smuggling and other illegal trades.