Politics
Gbajabiamila Urges Ghana To Revisit Law On $1m Business Capital
Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has advocated an amicable settlement of trade disputes between Nigerians and their host communities in Ghana through arbitration and fair judicial processes.
Gbajabimila made the call in a statement issued yesterday after 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.
The Speaker also made some far-reaching proposals that would bring an end to the attacks on Nigerian traders doing business in Ghana.
Gbajabimila said he would be glad to champion a law to improve the bilateral trade relations between Nigeria and Ghana, saying 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 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.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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