The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, conducted a working visit to the Abossey Okai Spare Parts Market in Accra on Monday, January 12, 2026, to engage traders on fair pricing and consumer protection.
Accompanied by the Chief Executive Officer (CEO) of Accra, Michael Kpakpo Allotey, and the President of the Ghana Union of Traders’ Associations (GUTA), Mr. Clement Boateng, the Minister assessed current market conditions following recent improvements in the stability of the Ghanaian cedi.
During the visit, the Minister emphasized that the government is committed to ensuring that the currency’s performance is reflected in the retail prices of spare parts, which significantly impact national transport costs and the general cost of living.
While the President of the Abossey Okai Market Association, Mr. Henry Okyere Jnr., noted that prices have begun to decrease, he highlighted the exploitative activities of middlemen, known locally as “Affairs,” as a primary obstacle. These individuals often intercept customers and inflate prices, creating a misconception that legitimate shop owners are overcharging.
In response to these concerns, Mrs. Ofosu-Adjare announced plans to establish a police post at the market entrance to deter unscrupulous middlemen, while simultaneously encouraging traders to consider formalizing and employing some of these individuals to improve market order.
To further enhance the business environment, the CEO of Accra announced that a new designated car park will be created along the Agbogbloshie stretch by the first week of February 2026. This initiative is intended to decongest the Abossey Okai area, improve accessibility for customers, and make it easier for car owners to deal directly with registered shop owners rather than intermediaries.
The Minister concluded the visit by commending the traders for their cooperation and urging continued collaboration with the government to support Ghana’s broader industrialization and economic transformation goals.
Ruth Abla ADJORLOLO
