Monday, 14 April 2014

Ghana takes robust line against Nigeria on trade

As the new Economic Community of West African States (ECOWAS) chairman, Ghana’s President John Mahama is prioritising the implementation of the regional group's Trade Liberalization Scheme (ETLS). But he accused Nigeria of foot-dragging and said that Nigerian protectionism was damaging efforts the complete the deal.

Boosting regional trade would be a boon to exporters, and even importers could realise significant savings. Mahama pointed to Nigeria's salt imports: it buys one million tonnes a year of Brazilian salt while nearby Ghana struggles to upgrade its salt sector.

“Nigeria has nothing to fear from Ghana in terms of competition," said Mahama. "Nigeria has nothing to fear from Côte d'Ivoire in terms of competition. Nigeria has nothing to fear from Benin or Togo or Niger.”

For more news and expert analysis about Nigeria, please see Nigeria Focus and Nigeria Politics & Security.

© 2014 Menas Associates

1 comment:

  1. Hey,Gbagbo offered a recount... If ECOWAS has nothing to fear- Accept the recount, failing that I say let there be another vote... There is too much at stake here, human lives- Who are the blue helmets? Are they peacekeepers or are they mercenaries for the transnational business interests that is keen on removing Gbagbo without valid grounds to do so. I smell money, nearly literally... just thinking about this. The Ivory Coast produces Cocoa, Gold... There is serious money interest.Thank you so much!!