Thursday, 13 November

Gov't seeks GHS 500 million to address farm produce glut, protect farmers

Politics
Eric Opoku

The Minister for Food and Agriculture, Eric Opoku, has announced that the government requires an estimated GHS500 million to manage the current oversupply of farm produce across the country.

Speaking on the Accra-based Citi FM on Monday, November 10, 2025, the Minister stressed the importance of a timely and data-backed intervention to stabilise the market and sustain farmer confidence.

“You need to move in with technical teams to accurately assess the volume of produce before procurement.

Based on current data, we estimate needing about GHS500 million to resolve this situation,” Mr. Opoku stated.

He further warned that without prompt action, significant post-harvest losses could discourage farmers from investing in the next planting season.

“Proper management of this glut will make farming profitable and encourage reinvestment.

If we fail, allowing these foods to go to waste, it would represent a colossal loss,” the Minister emphasised.

To support this effort, the government is engaging with the World Food Programme and other development partners to develop effective, sustainable strategies for handling the surplus and preventing similar situations in the future.

The initiative is part of broader measures aimed at stabilising food prices, safeguarding farmers’ incomes, and ensuring the continued growth of Ghana’s agricultural sector.

Source: Classfmonline.com/Cecil Mensah