Traders in Ghana have expressed fear that the economic blockade of Niger Republic by ECOWAS will have negative effects on businesses in their country.
Recall that the Heads of State of ECOWAS last week issued an elapsed ultimatum to the military junta in Niger to restore the ousted civilian President of the country, Muhamed Bazoum, thereby imposing economic sanctions and the closure of borders.
The BBC in a report stated that there were concerns in Ghana that the sanctions could lead to the skyrocket 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.
It further stated that, “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.”
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The traders noted that the price of a bag of onion was likely to go up by 90 per cent if the sanctions persisted.
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