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Investment promotion discussions with Nigeria

Nigerian and Ghanaian officials began talks in Abuja on Thursday on the establishment of an Investment Promotion and Protection Agreement (IPPA) and investment code between the two countries, AFP reported.

The meeting was expected to focus on strategies for promoting investments and to identify specific ways to get the private sector in the two countries more involved in the regional integration process, AFP said.

Its agenda included guaranteeing free transfer of capital, adequate compensation in the event of expropriation, the non-convertibility of both currencies, the lack of a border between the two countries, and non-implementation of Economic Community of West African States (ECOWAS) agreements, AFP reported.


This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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