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Revisit Law on $1m Business Capital, Gbajabiamila Tells Ghana

Published

6 years ago

September 3, 2020

Eric

The Speaker of Nigeria’s House of Representatives, Rep. Femi Gbajabiamila has made some far-reaching proposals that would bring an end to the attacks on Nigerian traders doing business in Ghana.

During a ‘Legislative Diplomacy’ bilateral meeting with Ghanaian lawmakers and some top government officials as part of his ongoing visit to Ghana to resolve the crisis, Gbajabiamila advocated for an amicable settlement of trade disputes through arbitration and fair judicial processes.

The Speaker also said he would be glad to champion a law to improve the bilateral trade relations between Nigeria and Ghana, noting that citizens of the two countries remain brothers and sisters.

He called on Ghanaian authorities to revisit the component of the law that requires a capital base of $1 million for businesses to start, saying as Africans, Ghana should encourage brotherliness.

“First, amicable settlement of trade disputes through arbitration and fair judicial processes. In this context, we do believe that while it is the sovereign right of the government of Ghana to pass and implement the GIPC Act, we would implore you to explore alternative and less aggressive options of engaging, sanctioning and relating with our traders and business people who operate in your country, pay taxes and contribute to the development of both our nations.

“Secondly, we would encourage you to revisit the component of the law that requires a capital base of $1,000,000. We are all Africans, we all have towns and villages, and we know only too well that majority of our traders across the continent are petty traders. The prospect of them being able to raise a capital base of $1,000,000 before they can trade in goods that may be worth less than $1,000, clearly is a major challenge.

“Thirdly, one of the things we are all proud about and the common surname that we all bear is ‘ECOWAS’ and as you know, by virtue of being ECOWAS countries, our nations and our citizens should be able to live, work and thrive in any of our nations without any form of hindrance or discrimination.

“It is in this light we would encourage that we explore how the principles and the application of ECOWAS protocols – which we are both signatories to – may perhaps conflict with the application of the GIPC Act, especially vis-à-vis the recent adoption of the African Continental Free Trade Agreement (ACfTA) by African nations; and also the movement towards a single currency in the West African subregion.

“Fourth, is the importance of strengthening legislative diplomacy and collaboration. Legislative diplomacy is a tool that has been used across the world – both in developing and developed nations – to negotiate, to arbitrate and to find peaceful resolution to disputes between nations. Legislative diplomacy is akin to back-channel diplomacy, which in many cases, makes it more possible for countries to debate and find solutions to problems, without any country losing face publicly.

“In this regard, I do believe that this step both our parliaments have taken to sit, to discuss, deliberate and find solutions; is a sterling example of legislative diplomacy, which the rest of the continent can follow to ensure that while the executive arm of government is performing its duties, that we in the legislature can also leverage our knowledge, our experience, the relationships we have amongst ourselves, to complement efforts in finding collective solutions to our shared problems.

“Fifth, like I said right from the beginning, Nigeria and Ghana are siblings from the same family. I for one, would be willing to champion a law that helps to improve the bilateral trade relations and reciprocal legislation between our two countries and in this regard, we would like to explore the possibility of jointly passing what we could potentially call a Nigeria-Ghana Friendship Act – or something in that line, which will help to cement into law the good relations between our countries and also create a legal framework for further camaraderie that will enable us to ensure that, when it comes to Nigeria and Ghana, our laws will support efforts to improve relations, trade and positive and friendly interactions between our citizens, institutions and our governments.

“We do not have an exact title for such a law as at now, but agreeing on reciprocal legislation that cements the friendship between our nations; and ensures that it continues to thrive and benefit all our citizens – no matter where they live – would go a long way in strengthening our relations on all levels,” Gbajabiamila said.

Noting that the relationship between Nigeria and Ghana is one of the most important in Africa, Gbajabiamila said at a time the world is battling the Covid-19 pandemic and the economic impacts and the pressures on public coffers “and service delivery systems are weighing heavily on us all, it is clear that this is not a time for conflict and disagreements, but a time for partnership and solidarity.”

He said it is in a bid to improve the bilateral relationships among African countries that he has been championing the creation of the Conference of Speakers and Heads of African Parliaments ( CoSAP) aimed at identifying, discussing and resolving issues and challenges that affect growth, stability and development within different regions and across the continent.

“While our countries share a constructive and healthy rivalry in several areas – ranging from football to music, food and movie production, amongst others – we know that our healthy rivalry is based more on friendship than enmity and more on healthy competition than destructive confrontation.

“We are friends, we are family, we are one and are determined to remain so, as we continue what our founding fathers started over six decades ago. These reasons, ladies and gentlemen, is why we are here: to deliberate on how we can jointly overcome current challenges and together, build the peaceful and prosperous future we both seek for our countries and our citizens.”

He said the challenges that Nigerian traders face in Ghana are a cause for deep concern for all arms of the Nigerian government and the Nigerian people, calling for urgent action to end the hostility.

Gbajabiamila added that: “The escalation of the tensions between our citizens and our nations is nothing for either of our countries to be proud of. And therefore, as I said today at the Nigeria High Commission, it is important that we leaders ensure that our utterances and our actions; and what is reported in our media do not fan the flames of conflict and confrontation, but instead, fuel the possibilities of first de-escalating tensions; finding constructive options for resolution; and working together to effectively implement those solutions, both here in Ghana as well as in Nigeria.”

Speaking, the Ghanaian Minister of Trade and Industry Hon. Alan Kyeremateng, said there are many Ghanaians and Nigerians who are going about their lawful duties without difficulties.

“The incidence that has occurred where some shops were locked up must have risen out of situations where there were clear abuses of the application of the laws.

“I was happy that the Nigerian Speaker of the House of Representatives mentioned that if they are doing legitimate business, please allow them as brothers and sisters to continue to do so. I want to give you that assurance that that will be the case. Anybody engaged in business, trading, doing the rightful things, they must have no difficulties.

“Even in cases where we found that in some instances where the laws were not being followed, I, in my capacity as the Minister of Trade, had ordered that they shut the office and those who are being seen as offending the law be given an opportunity to regularize their documentation.

“I say this, being the Minister of Trade and Industry, this is not something that is new, I have always since the time I’ve been a Minister found a way of going along, so that those who needed to regularize their businesses would do so.

“Also as indicated by the Speaker, that it will be a desire to see whether certain aspects of the law could be looked at, I’m sure the Speaker will look at that request and appropriate Committees would be engaged on the subject

“As long as the laws remain on our statute books, I will like to request that, you send a strong signal to our brothers and sisters who are engaged in retail trading that at least for now until further considerations are made on our statute books, they should just respect the law because Ghanaian traders themselves are required to respect the laws of our country. And in that sense, it will be discriminatory for us to require Ghanaians to respect the same laws in our statute books and not require foreigners to do so.”

Arising from the meeting, which lasted into the night on Wednesday, a communique would be issued.

Courtesy:
Lanre Lasisi, Special Adviser on Media and Publicity to the Speaker, House of Representatives, Federal Republic of Nigeria.

Headline

2027: Tinubu Wants to Contest Against Himself – Dele Momodu

Published

1 day ago

March 16, 2026

Eric

Former presidential candidate and chieftain of the African Democratic Congress (ADC), Dele Momodu, has accused Nigerian President Bola Tinubu of attempting to weaken opposition politics ahead of the 2027 general elections, reiterating his earlier warning that the country is finally drifting toward a one-party political system.

Momodu made the remarks during an appearance on Sunday Politics on Channels Television, where he delivered a sweeping critique of the current political landscape and the growing wave of defections to the ruling All Progressives Congress (APC).

According to him, democracy thrives on strong opposition parties and competitive elections, but recent political developments suggest the ruling party may be consolidating power in a way that limits meaningful political competition.

“There must be opposition politics. There must be opposition candidates, but Tinubu wants to contest against himself and it doesn’t make sense to me,” Momodu said during the interview.

He argued that the increasing movement of opposition politicians into the ruling party is creating a political environment where viable alternatives to the government are shrinking.

Momodu described the situation as troubling for Nigeria’s democracy, warning that if opposition parties continue to weaken, the country could gradually move toward a one-party system.

“A lot of people are worried that now we have virtually a one-party state. It’s a sad day for democracy in Nigeria,” he said.

The veteran journalist and publisher also suggested that many politicians aligning themselves with the government are motivated more by access to power and resources than genuine political conviction. Addressing the president directly during the interview, Momodu said some of those publicly expressing loyalty to Tinubu may ultimately betray him at the polls.

“A lot of people are deceiving you, Mr President. They are going to collect your money. They know you have a bottomless pit of money. They will collect it, but I doubt if they will vote for you,” he said.

Momodu noted that his criticism of the president was not personal, recalling that he and Tinubu were once allies during Nigeria’s pro-democracy struggle against military rule.

He said both men were active during the campaign to actualise the June 12, 1993 election won by the late businessman and politician Moshood Kashimawo Olawale Abiola.

“We were together in exile. He was very active in the struggle against dictatorship,” Momodu said, adding that his views about Tinubu’s leadership style developed over time.

Despite their shared political history, Momodu said he felt compelled to speak out about what he described as the increasing concentration of power in Nigeria’s political system.

Looking ahead to the next presidential election, Momodu said Tinubu could be defeated if opposition forces unite around a strong coalition candidate. He specifically mentioned former vice-president Atiku Abubakar as a potential contender capable of challenging the ruling party.

According to him, a joint ticket combining Atiku with Peter Obi or Rotimi Amaechi could significantly weaken the ruling party’s chances.

“If we have a combination of Atiku, maybe with Peter Obi, maybe with Rotimi Amaechi, Tinubu will be gone,” he said.

Momodu also insisted that Tinubu is not as politically invincible as many believe, arguing that unpopular incumbents can be defeated through strategic opposition alliances and voter mobilisation.

“It is not that Nigerians are afraid of Tinubu. Tinubu is afraid of Nigerians,” he said.

He further criticised the administration’s performance in several areas, particularly security and economic hardship, noting that many Nigerians are facing difficult living conditions.

“Insecurity is number one. Poverty has quadrupled. The fuel subsidy was removed and the government says more money is coming in, but Nigerians have not seen the effect of it,” he said.

Momodu added that the government should focus on addressing the country’s pressing challenges rather than concentrating on political calculations ahead of the next election.

“The president should focus on solving the problems of Nigerians now instead of thinking about 2027,” he said.

He maintained that Nigeria’s political history shows that governments that concentrate power eventually face resistance from the electorate and insisted that citizens must remain engaged in protecting the country’s democratic system.

“Any citizen who believes that Tinubu does not deserve a second term should come out boldly and oppose him,” Momodu said.

Source: thewhistler.ng

Headline

UK Orders Airspace Restrictions, Road Closures for Tinubu’s State Visit

Published

5 days ago

March 12, 2026

Eric

Authorities in the United Kingdom (UK) have announced temporary airspace restrictions and road closures in Windsor ahead of President Bola Tinubu’s State visit to the country.

Britain’s monarch, King Charles III, will host Tinubu and First Lady Oluremi Tinubu at Windsor Castle on March 18 and 19, 2026.

State visits represent the highest level of diplomatic engagement hosted by the British monarch.

According to Thames Valley Police, extensive security measures will be implemented in Windsor during Tinubu’s state visit, including an expanded airspace exclusion zone and a large-scale policing operation.

The castle already operates under a permanent airspace restriction, but authorities said the exclusion zone will be extended on March 18 between 07:00 and 23:59 GMT.

Police warned that anyone who breaches the restriction will “likely” face arrest.

Security operations will involve search teams, armed units, mounted officers, and road policing officers. Neighbourhood officers and Project Servator teams will also conduct patrols across the town to deter and detect criminal activity while engaging with the public.

Officials added that Windsor’s extensive CCTV network and hostile vehicle mitigation barriers will also be used as part of security arrangements.

Ch Supt Adrian Hall of the joint operations unit said:

“As a force, we have a vast amount of experience in policing royal events in Windsor, and significant planning and preparation have gone into this event.

“We will ensure everyone attending the state visit, including dignitaries, spectators, and members of the public, are kept safe to enjoy the historic occasion.”

Authorities said several road closures and parking restrictions will begin on March 17 ahead of Tinubu’s State visit, warning that motorists may experience temporary disruption on roads in and around Windsor.

Some footways and pedestrian crossings in the town centre will also close periodically between 09:30 and 12:30 on March 17 and 18 for a ceremonial procession.

Headline

False and Misleading: Senator Ireti Kingibe Not Suspended, Says ADC

Published

5 days ago

March 12, 2026

Eric

The African Democratic Congress, ADC, has dismissed reports that Senator Ireti Kingibe has been suspended from the party, describing the claims as false and misleading.

Kingibe currently represents the Federal Capital Territory in the Senate.

In a statement issued on Thursday, the party’s National Publicity Secretary, Bolaji Abdullahi, said the ADC is not aware of any decision to suspend the senator and urged the public to ignore the circulating reports.

Abdullahi emphasized that the party has well-defined constitutional procedures for handling allegations involving its members.

“The African Democratic Congress is unaware of any suspension of Senator Ireti Kingibe, the distinguished Senator representing the Federal Capital Territory,” he said.

He added that as a law-abiding political party, the ADC follows established internal mechanisms when dealing with issues concerning its members rather than addressing such matters through media statements.

“As a law-abiding political party, the ADC has clear constitutional procedures for addressing any allegations involving its members. Such matters are handled through established internal mechanisms, not through press statements,” Abdullahi stated.

The party therefore called on the public and media organizations to disregard the reports of Kingibe’s alleged suspension.

“We therefore urge the public and the media to disregard the reports suggesting that Senator Ireti Kingibe has been suspended by the party, as they are false and misleading,” the statement added.