Close Menu
News Guide Africa
    What's Hot

    West African Cocoa Cartel Revived: Ghana and Côte d’Ivoire harmonize prices and push for industrial processing

    June 23, 2026

    Investor fatigue deepens as gov’t records 20% ditch in latest T-Bill auction

    June 23, 2026

    Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama

    June 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • West African Cocoa Cartel Revived: Ghana and Côte d’Ivoire harmonize prices and push for industrial processing
    • Investor fatigue deepens as gov’t records 20% ditch in latest T-Bill auction
    • Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama
    • NPA Moves to Standardize Road Infrastructure with New Bitumen Oversight Panel
    • Ayew rallies Ghana for England showdown amid Saka fitness boost and Partey handshake dilemma
    • GRA unveils exhaustive regulatory roadmap to eliminate ambiguities and drive E-VAT adherence
    • Policy Whiplash: Mine expert warns against localising large mines as gov’t contradicts self over Tarkwa lease
    • Rawlings’ legacy was a mission of truth, but Ghana’s democracy is now suffering – Fiifi Kwetey warns 
    Facebook X (Twitter) Instagram
    News Guide Africa
    • Home
    • News
    • Politics
    • Agric and Environment
    • Sports
    • Mining & Energy
    • Lifestyle
    News Guide Africa
    Home » GUTA-Nigerians trade fuse: resolution stalls amidst reconstituted taskforce
    Features

    GUTA-Nigerians trade fuse: resolution stalls amidst reconstituted taskforce

    Adnan AdamsBy Adnan AdamsOctober 16, 2021No Comments4 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    Attempts to resolve trade fuse  between Ghana Union of Traders Association (GUTA) and the Nigerian Union of Traders Association (NUTAG) faces yet another challenge.

     

    A recent meeting between the GUTA and the NUTAG at the behest of the new presidential taskforce mandated by the Trades Ministry to find an amicable solution to the stand-off once again failed to resolve the ongoing trade war.

     

    Some Ghanaians traders have in recent times locked up shops owned by Nigerians in a bid to get them to comply with the laws that prohibit foreigners from engaging in retail trade in the country. Despite the law banning foreigners from engaging in retail trade in Ghana, some foreign nationals continue to engage in such activities in breach of the GIPC Act.

    This development and lack of proper enforcement by regulatory agencies have led to some confrontations between Ghanaian retailers and their foreign counterparts in parts of the country.

     

    “Unfortunately, at this meeting, the Nigerians have told us again they have not finished their consultation with their government, and so we could not carry on with the meeting. It had to be adjourned for another one week in the hope that by the time we meet again, the consultation between the Nigerians and their government would be complete, and then we can move on from there”, Co-Chair of the Ghana–Nigeria Joint Implementation Task Force on Retail Trade Frank Agyekum told the media on the outcome of the meeting. “And in the interim, the Trade Ministry has asked GUTA to also hold off any actions until we have a response from the Nigerian government, and then we know what to do from there”.

     

    In September this year, some foreign-owned shops in different parts of the country were forcefully closed.

     

    The Ministry of Trade and Industry subsequently set up a new joint taskforce comprising leadership of GUTA and NUTAG to help resolve the issue following the failure of an initial taskforce to do so.

     

    The Ministry of Trade and Industry also asked GUTA members to refrain from locking up shops belonging to foreigners ahead of a planned meeting with leaders of both trade unions last week.

     

    The meeting was however inconclusive as members of NUTAG say they are yet to brief their government on the latest development and the way forward.

     

    Co-Chair of the Ghana–Nigeria Joint Implementation Task Force on Retail Trade Frank Agyekum spoke to Citi Business News on the outcome of the meeting.

     

    “Unfortunately, at this meeting, the Nigerians have told us again they have not finished their consultation with their government, and so we could not carry on with the meeting. It had to be adjourned for another one week in the hope that by the time we meet again, the consultation between the Nigerians and their government would be complete, and then we can move on from there. And in the interim, the Trade Ministry has asked GUTA to also hold off any actions until we have a response from the Nigerian government, and then we know what to do from there”.

     

    Meanwhile, President of GUTA, Joseph Obeng, said he is hopeful the next meeting will bring finality to the matter.

     

    “At the end of it all, it has been agreed that next week should be a decisive week. And so I think our brothers have clearly understood that they have to comply and from what they are saying they are going to comply with the laws of Ghana”.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Adnan Adams
    • Website

    Related Posts

    West African Cocoa Cartel Revived: Ghana and Côte d’Ivoire harmonize prices and push for industrial processing

    June 23, 2026

    Investor fatigue deepens as gov’t records 20% ditch in latest T-Bill auction

    June 23, 2026

    Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama

    June 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,871

    Chief of Staff charges National Prayer Committee to innovate for national cohesion

    June 4, 2026890

    Alpha Energy to begin works on Namibia’s largest offshore diamond mines in October

    September 14, 2024886

    Exceptional client service: How two Kasoa GRA officials are redefining public relations

    May 22, 2026765
    Don't Miss
    Agric and Environment

    West African Cocoa Cartel Revived: Ghana and Côte d’Ivoire harmonize prices and push for industrial processing

    By Adnan AdamsJune 23, 2026

    By Adnan Adams Mohammed In a historic bid to reshape the economics of the…

    Investor fatigue deepens as gov’t records 20% ditch in latest T-Bill auction

    June 23, 2026

    Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama

    June 23, 2026

    NPA Moves to Standardize Road Infrastructure with New Bitumen Oversight Panel

    June 23, 2026
    About Us
    About Us

    Newsguide Africa is a digital news platform dedicated to providing accurate, timely, and insightful coverage of the African continent. From business and technology to lifestyle and cultural heritage, we go beyond the headlines to offer context and a positive, authentic narrative for the global African diaspora and local readers alike.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    West African Cocoa Cartel Revived: Ghana and Côte d’Ivoire harmonize prices and push for industrial processing

    June 23, 2026

    Investor fatigue deepens as gov’t records 20% ditch in latest T-Bill auction

    June 23, 2026

    Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama

    June 23, 2026
    Most Popular

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,871

    Chief of Staff charges National Prayer Committee to innovate for national cohesion

    June 4, 2026890

    Alpha Energy to begin works on Namibia’s largest offshore diamond mines in October

    September 14, 2024886

    © 2026 Newsguide Africa. All rights reserved.

    • Home
    • Science

    Type above and press Enter to search. Press Esc to cancel.