Local farmers get boost as NAFCO secures GHS50 Million to buy from them

Share this

Local farmers have received a boost following the release of some 50 Million Ghana Cedis to the National Food Buffer Stock Company, (NAFCO) to purchase their produce.

BestNewsGH.com Reports the Minister of State at the Ministry of Food and Agriculture, Dr. Gyiele Nurah who made the disclosure, as positing that the move is part of a deliberate plan by government to boost the Agric sector.

Dr. Nurah who was speaking at a forum in Accra said “By the President’s directive, GHS50 million has been released to the Buffer Stock to fill all their stores across the country. We can be sure that all stores that will be stocked means that farmers will not have a problem again.”

NAFCO was established by the Ministry of Food and Agriculture to ensure the security of farmers while insulating them against losses, emanating from anticipated production increases.

As part of efforts aimed at modernizing the Agric sector, government has initiated several interventions it deems necessary to help raise the productivity levels of local farmers.

Interventions such as fertilizer subsidies, the introduction of block farming resulting in mechanization and extension services to cover a chunk of farmers have been rolled out.

Again, the introduction of a huge number of tractors and varied farm machinery at subsidized rates, leading to high levels of mechanization has been some of the moves initiated by government to transform the sector.

Source: BestNewsGH.com


Share this

Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

Leave a Reply

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.