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Dele Momodu Reacts to Closure of Nigerian-Owned Shops in Ghana, Promises Palliatives to Affected Traders

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By Eric Elezuo

The Chairman of Ovation Media Group, Chief Dele Momodu, has reacted to the closure of some shops owned by Nigerian businessmen and women in Ghana, saying that the action clearly makes a mess of the Black Lives Matter campaign which has engulfed the world in recent times.

The celebrated journalist, who expressed his displeasure via a press statement made available to The Boss Newspapers, regretted the action of the Ghana authorities and promised a level of palliatives for the displaced Nigerian business men and women in the spirit of brotherliness.

While calling on well meaning Africans and peoples of the world to stand up against the ‘atrocious laws’ he also frowned at the stupendous amount of $1 million, which the Ghana authorities imposed on the Nigerian traders before they could pursue their legitimate endeavours on the Ghanaian soil, asking “How many companies in the world started business with such stupendous amount?”

Read Momodu’s full statement with full list of traders whose shops were closed:

“I note with sadness the viral videos of Nigerian investors being flogged and thrown out of their shops in Ghana. As an avowed pan-Africanist and a fanatical disciple of former Ghanaian President, Dr Kwame Nkrumah, I have become traumatized about the future of Africa. The Osagyefo must be seething with anger and rage in his grave, if he could see how Africans are treating themselves at this time and age.

“Just imagine that this is coming at a momentous period when the world is campaigning that BLACK LIVES MATTER, but Nigerians are being kicked around like football by our closest Brothers and friends. And what is the excuse for this act? An incredibly brutal “Law” which stipulates that foreign small-scale traders must invest $1 million in the Ghanaian economy. How many companies in the world started business with such a stupendous amount? If the Europeans and Americans had promulgated such Laws against Nigerians and Ghanaians living abroad, many of us would have accused them of racism and discrimination. What is worse, some of these traders actually have their valid papers and registered long before the coming of this atrocious requirement by the Ghana Investment Promotion Centre, but the Law enforcers blatantly refused to listen to the cries of these hardworking but hapless traders.

“Another excuse is that they claimed Nigeria shut its borders against neighboring countries. While I agree that the decision to shut our borders is regrettable, this has nothing to do with Ghana. No Ghanaian has been asked not to do business in Nigeria. No Ghanaian has been asked to invest any compulsory amount of money before setting up shops in Nigeria. We make immigrants totally welcome here. I once intervened on behalf of a Ghanaian couple when their factory was going to be demolished amongst some illegal structures in Agbara Estate. I had to call the then Governor of Ogun State, Otunba Gbenga Daniel, who exempted the Ghanaians on the compassionate grounds that they were Ghanaian investors in Nigeria.

Nigerians and Ghanaians have been too interwoven and inter-marrying for ages, including the current President of Ghana, the great Nana Akufo-Addo who was once an in-law of Nigeria. His cousin, Adelaide Ofori-Atta, was married to Chief Sammy Oluseun Olagbaju, a prominent Nigerian Businessman who died in 2016. Myma Adwowa Belo-Osagie, Princess Abba Folawiyo, Mrs Edith Korantema Koranteng Fajemirokun, are amongst many Ghanaian women married to prominent Nigerian families.

My personal love for Ghana, and respect for Ghanaians, has never been in doubt. I have been the Chief Promoter of Ghana to the world in the past 25 years. I once worked closely with The Hon. Jake Otanka Obetsebi-Lamptey, of blessed memory, Ghana’s Minister of Tourism and Diasporan Relations in the cabinet of President John Agyekum Kufuor. Ovation International magazine was instrumental in showcasing the pristine beauty of Ghana to a global audience at the time. Many Nigerian companies started expanding their operations to Ghana, based on the positive stories we sold to the world, especially Nigeria. Today, Nigerians control huge investments in Banking, Oil & Gas, Telecommunications, Real Estate, Retail, Entertainment, Education, Hospitality, Tourism, Medicals, Aviation, Shipping, Transportation, Textiles, Churches, etc.

I’m saddened that all our efforts of those days are about to be wasted by this latest imbroglio.

“I have reached out, and obtained the full names and phone contacts of the Nigerian traders mostly affected by this unfortunate and unnecessary incidents. Each of them will receive my humble widow’s mite, with no strings attached and no political motives whatsoever. My motivation is just the fact that we should be our Brother’s keepers at all times.

I implore men and women of good conscience to stand up and intervene speedily in this matter. God bless The Federal Republic of Nigeria and The Republic of Ghana.”

LIST OF NIGERIAN TRADERS AFFECTED BY THE FORCEFUL CLOSURE OF SHOPS IN ACCRA, GHANA

1. CHUKWUEMEKA IHEJIRIKA

2 PAUL OKECHUKWU

3 JUSTINE IKECHUKWU NWACHUKWU

4 BLESSING UGWUOKE

5 CHINEDU MBANUGO VALENTINE

6 LOVETH CHUKWUEMEKA

7 JOHNSON ARINZE

8 PAULINK GLOBAL DIGITAL

9 GODWIN OGBU FRANCIS

10 SAMSON ANAYOANIAWA

11 TITUS EZEMA UGWOKE

12 TONY IZUCHUKWU ANYAEGBU

13 UGOCHUKWU UCHENNA ONUOHA

14 CHIKWENDU IKE NDUBUISI

15 IBEH KINGSLEY

16 DAVID IKECHUKWU MUANYA

17 AUGUSTINE EKWOH

18 OLIVER OMEKE

19 OKAAH OBURUZO

20 JONAS UGWOKE UGWUOGO

21 OBINNA LUCKY

22 EZE VICTOR CHINEDU

23 STANLEY UMEALAEKWE

24 IGBONAJU DESMOND

25 OKEKE NELSON

26 UGWOE ERNEST

27 ANI EMEKA SOLOMON

28 CHUKWUEMEKA T. P ONYEKAONWU

29 GOODLUCK MADUABUCHI OKWARA

30 OKECHUKWU SAMUEL

31 CHRISTOPHER UBANATU

32 INNOCENT UDE

33 CHINEDU DESMOND NWABURUEBU

34 KINGSLEY EJIKE MBADIWE

35 OKECHUKWU IFEAKANWA

36 BENJAMIN ONAH

37 TOCHUKWU JULIUS EZEH

38 UGWU ALPHONSUS IFEANYI

39 AMAKA VICTORIA

40 OHAYI CHIGBOGU PAUL

41 TITUS CHINASA

42 OLISA ADINDU KINGSLEY

43 EZE PAUL TOCHUKWU

44 IGWE PAUL IKECHUKWU

45 STEVEN OKOYE

46 OSMOND OSINACHI OKOYE

47 UDOKA NZELU

48 UGWU ONYEKA JOE

49 UGWUMADU ONYEDIKA CALLISTUS

50 CHUKWU VICTOR PAUL

51 FAMOUS HANNAH

52 KELVIN MAMAH

53 EZE SUNDAY

54 MARTIN ANAKUDO ARINZE

55 VIINE OBI NWODO

56 PETER TOCHUKWU

57 UGWOKE PATRICK

58 EMMANUEL OHEAKESI

59 UGONNANYA CANDY EZE

60 BENNEDICT REUBEN (TIGO)

61 NWAZUOKE CHRISTOPHER CHUKWUDI

62 RAYMOND UGWU

63 NKOKU NDUBUISI JACOB

64 UDENYI LEONARD

65 RICHARD DOUGLAS

66 JAMES UZAR KINGSLEY

67 ONUORAH EBUKA DESTINY

68 CHUKS EZE

69 SUNDAY JOSEPH

70 FRESSY EZE

71 KINGSLEY UCHENNA NNAEGBUNA

72 UGOCHUKWU RAPHAEL

73 AGUDILE CHIZOBA MIRACLE

74 PAUL ONYEKACHI UGWUOKE

75 IZUNABOR NONSO COLLINS

76 ONYEKE UCHENNA WISDOM

77 FLORENCE EZI

79 TOCHUKWU UBAH

80 BRIGHT OHIARA

81 OZIOMA ONWUZUGHA

82 JOSEPH UGWU

83 JOSEPH EZUZOBI

84 EMMANUEL IFEANYI

85 EJIKE DOMNIC

86 CHUPEZ ARINZE

87 RICHARD OBIDINMA

88 NNADI KINGSLEY EJIOFOR

89 OBI AUGUSTINE

90 SUNDAY DONATUS

91 EMMANUEL ADIBE

92 NWOKOCHA GODWIN

93 EZE LUCKY

94 LAWRENCE AMANDIANEZE ANIEKWE

95 ONYEANULA CHINEDU GODWIN

96 EZE FRANCIS

97 UKWUNGWU LINUS

98 COLLINS CHIDIEBERE

99 IBEH TOCHUKWU

100 ABUGU CLEMENT

101 FAVOUR ANITA

102 CHINEDU ONYEMACHUKWU

103 ALEX EZIOKWU

104 AMBROSE OGWUEGBU

105 EMEKA POLITE

106 BLESSEDUC AVENUE

107 NEWLY INTERNATIONAL UCHE CHUKWU OKEZIE

108 JOHN NKE

109 IHEAGWAM B. IYKE

110 NNAJI IZUCHUKWU

111 GLORIOUS BLESSED SEA LAND (TONY IGBOMALU)

112 FEDELIS OBI

113 MIKE EZE

114 CHIMA ORIAKU

115 OBINNA EKWECHI

116 AUGUSTINE UKPABIA

117 MONEKE MICHAEL K

118 OGOCHUKWU NWANKWO

119 EMMANUEL AGBATA

120 EMMANUEL IGWE

121 NELSON OKECHUKWU

122 IKENNA NWAKAOZOR

123 NNAEMEKA GODWIN

124 CHINEDU MBIONWU

125 AKONAM EZEANOLUE

126 CHINEDU OKPALAEKE

127 CHINEDU UKABIA

128 EMEKA UGWUNNWA

129 EJIKE EZEDINIRU

130 CHUKWU NONSO OKEY

131 STANLEY CHIMEZIE UDEH

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Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

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President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding 

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development 

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security 

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations 

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

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Ghana’s President-elect Mahama Visits Tinubu in Abuja

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Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

Mahama

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

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I Stand by What I Said, Kemi Badenoch Replies VP Shettima

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The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”

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