Economic cooperation between Ghana and Nigeria should expect a boost following an agreement by presidents of the two countries to revive a Joint Ghana-Nigeria Commission.
The two leaders came out of the Peduase Lodge in the Eastern region to announce the resolution after three hours of bilateral talks.
President Muhamadu Buhari is in Ghana for a one-day working visit to cement Ghana’s long-standing friendship with Africa’s most populous country.
Ghana and Nigeria share among others a common colonial master and a common energy crisis albeit different in its intensity.
Trade between the two countries is heavily driven by oil. The trade in the energy raw material stands at 1.43billion dollars.
The volume of the contributions of other sectors is a measly 130million dollars pushing total trade to 1.6billion dollars.
Ghana and Nigeria control 60% of trade in West Africa.
No details were given on the scope of economic cooperation announced by the two leaders.
Story by Ghana|myjoyonline.com|EA
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