Ghana needs at least ¢1.5 billion to build a meaningful national food reserve system, far above the ¢300 million currently available to the National Food Buffer Stock Company, its CEO, George Abradu-Otoo, has said. Speaking on JoyNews’ PM Express Business Edition on Thursday, he said the amount allocated so far is inadequate for large-scale purchases […]
The State Interests and Governance Authority (SIGA) commends the National Food Buffer Stock Company (NAFCO) for one of the most remarkable financial recoveries ever recorded by a State-Owned Enterprise in Ghana. In 2025, NAFCO erased a loss of GH 19 million posted in 2024 and replaced it with a net profit of GH 91.7 million. […]
The Criminal Division of the High Court in Accra has struck out two witness statements filed by the prosecution in the ongoing trial of former CEO of the National Food and Buffer Stock Company Limited, Hanan Abdul-Wahab Aludiba, and four others. The ruling was delivered on April 29, 2026, by Justice Francis Achibonga, a Court […]
The Chief Executive Officer of the National Food Buffer Stock Company (NAFCO), George Abradu-Otoo, has disclosed that 14 companies have so far been licensed to supply food commodities under the company’s current procurement framework. The licensed firms are authorised to procure food directly from farming communities and deliver the commodities to NAFCO warehouses across the […]
The former Chief Executive of the National Food and Buffer Stock Company (NAFCO), Abdul-Wahab Hanan, has asked the High Court to overturn a freezing order imposed on four of his properties by the Economic and Organised Crime Office (EOCO). In his affidavit, Hanan contends that EOCO acted unlawfully by targeting assets he either owned before […]
The Minority Caucus in Parliament has called for a review of the bail conditions of the former Chief Executive Officer (CEO) of the National Food Buffer Stock Company (NAFCO), Abdul Hannan Wahab and his wife. “Mr Wahab must be released on terms that uphold both his dignity and the principles of justice,” it said. It […]
The Ministry of Education has disbursed GH¢133,950,053 to the National Food Buffer Stock Company Limited and the Ghana Education Service to cater for recurrent expenses, including perishables, for senior high schools (SHSs). The money had been disbursed as of February 7, 2022. “Contrary to claims of the non-payment of recurrent fees, feeding (perishables) and intervention […]
The National Food Buffer Stock Company (NAFCO) has called for renewed commitment among stakeholders towards the attainment of food security in the country as Ghana joins the rest of the world to commemorate this year’s World Food Day today. A statement issued by the company in Accra urged stakeholders to re-affirm what it called the […]
The National Food Buffer Stock Company (NAFCO) has refuted allegations that mackerel has replaced eggs in the national approved menu for students under the free Senior High School(SHS) policy. “Mackerel and eggs have been part of the menu for students since September 2017 when the free SHS programme started and it remains same till date,” […]
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 […]
Chief Executive Officer of National Food Buffer Stock Company (NAFCO), Mr. Hanan Abdul-Wahab has said the biggest challenge for most African politicians has been to pass the integrity litmus test. He has therefore advised politicians and persons seeking to offer public service to jealously guard and protect their integrity. “Politics is all about integrity. You […]
Boarding schools in the country are expected to receive a chunk of their food supply before the commencement of the 2019/2020 Academic Year. Chief Executive Officer of National Food Buffer Stock Company (NAFCO), Mr. Hanan Abdul-Wahab who announced this today in Takoradi in the Western Region explained the measure is to ensure an impediment-free semester […]
