As the two countries consider adopting legislation to be called the “Ghana-Nigeria Friendship Act”, which proposes the “Ghana-Nigeria Business Council”, to guide their friendship, investment and trade matters, the Nigeria Ghana Business Council (NGBC), has expressed readiness to work with the Speaker of the House of Representatives in developing the law.
According to the President of NGBC, Bambo Ademiluyi, the Nigerian counterpart of the Council being proposed is already registered at the Corporate Affairs Commission (CAC), in the country, and also its counterpart, Ghana Nigeria Business Council in Ghana.
Already, a meeting is being scheduled between the Trade and Foreign Affairs Committees of the legislature of the two West African nations, to deliberate on the applications of Trade Laws.
The proposed meeting would discuss in particular the Ghana Investment Promotion Act, the GIPC Act 2013 (Act 865), and make recommendations for appropriate solutions.
The Speakers of the legislature of the two West African countries – Femi Gbajabiamila, and Prof Aaron Michael Oquaye of Ghana, agreed to the proposal at the end of a bilateral meeting, involving a 12-member parliamentary delegation from Nigeria, and the Speaker and the leadership of Ghana’s parliament, as well as some key ministers of the Government of Ghana, in Accra.
The proposed moves were announced in a joint communiqué at a news conference by the two Speakers, in Accra, before Gbajabiamila, the Speaker of Nigeria’s House of Representatives left for Abuja.
To Ademiluyi, the Councils are willing and ready to work with the legislators in developing legislation that would foster bilateral ties in the two countries.
“The main objective of the group is to ease the conduct of business across the two countries and major of our activities which also involve traders, have been geared towards this main objective. We would want to be actively involved in the current solution process developed to resolve the current impasse,” he added.