Sir Sam Jonah says Nigerian state agencies subjected his real estate investment to ‘sustained harassment’
Ghanaian business leader Sir Sam Jonah has disclosed that a significant real estate investment he made in Nigeria has been subjected to what he describes as “sustained harassment” by state agencies. He said Ghanaian workers at the project site had also experienced treatment similar to scenes of xenophobic attacks that have been condemned elsewhere on the continent. Sir Sam Jonah made the…
Ghanaian business magnate Sir Sam Jonah has alleged that his substantial real estate venture in Nigeria has endured "sustained harassment" from state agencies. Jonah, who is revered in Nigeria, made the disclosure during a keynote address at the Global Business Forum – Ghana Edition. He pointed out that Ghanaian workers involved in the project experienced similar treatment, akin to the xenophobic incidents condemned across the continent.
Jonah disclosed his experience to underscore the obstacles African investors face when operating in other African nations. He specifically highlighted the plight of young entrepreneurs who lack his resources, networks, and experience. Jonah's remarks come at a time when there's growing impetus for African businesses to broaden their horizons and tap into the potential created by the African Continental Free Trade Area.
The situation also heightens concerns about whether African businesses and workers are receiving fair treatment in the face of the continent's push for enhanced economic integration.
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