Ghana has banned some items from entry into its domain, following Nigeria’s bold move of restricting 41 items from access to foreign exchange.
Ghana placed a ban on some goods from being imported into the country. Ghanaian Minister of Trade and Industry, Ekwow Spio-Garbrah stated yesterday that Ghana and Nigeria are said to account for some 68 per cent of the ECOWAS region’s Gross Domestic Product.
Nigeria accounts for almost 10 per cent of Ghana’s foreign trade volume, whereas Ghana is listed as the 9th largest trade partner to Nigeria.
Ghana remains Nigeria’s largest trade partner and favourite investment hub in the West Africa sub-region, as Ghana imports the largest share of all Nigerian oil exports in the West African sub-region.