Ghanaian businessmen have expressed concern that the ECOWAS economic sanctions on the Niger Republic could negatively impact the economy of their country.
Recall that last week, the ECOWAS Heads of State gave the military junta in Niger an elapsed deadline to reinstate the country's expelled civilian President, Muhamed Bazoum, or face economic sanctions and border closures.
In a report, the BBC stated that there were concerns in Ghana that the sanctions could lead to the hike in prices of some food items “at a time when the country is already experiencing high inflation.”
It stated that Ghana imported a large majority of its onions from Niger and prices are likely to rise by 90 percent if the sanctions are prolonged.
According to the reports, “They have now raised an alarm over a possible shortage of the vital cooking ingredient. With over 70 trucks loaded with onions intended for Ghana being stuck at the Niger border.”