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Government’s deliberate investments will transform agriculture sector – Ofori-Atta

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Finance minister Ken Ofori-Atta has underscored government commitment to transformative change in the agricultural sector through deliberate investments.

Speaking at the National Agricultural Festival – ‘Agrifest 2023’, a five-day agriculture festival to herald this year’s National Farmers Day – Ken Ofori-Atta emphasised that targetted investments are a key component of government’s broader agenda for economic rejuvenation.

“Deliberate investments in agriculture will be the cornerstone of our efforts to transform the sector,” he stated, adding: “We recognise the pivotal role agriculture plays in our economy, and by being intentional in channeling resources we aim to bring about lasting positive change”.

The finance minister pointed to policies including Planting for Food and Jobs Phase II, as pivotal tools in government’s arsenal to provide substantial support to farmers. He expressed confidence that these measures will significantly boost local productive capacity, reduce dependence on imports and alleviate pressure on the local currency.

“Through policies like Planting for Food and Jobs Phase II, we aim to provide the needed support for farmers; empowering them to increase their yields and contribute to our vision of food self-sufficiency.”

The event is being held within the Ministries enclave in Accra, and is aimed at showcasing various agricultural products, services and equipment.

The Minister of Food and Agriculture, Dr. Bryan Acheampong, and Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson, jointly cut the ribbon to open the festival. Ken Ofori-Atta joined Dr. Acheampong to tour the exhibition stands and displays.

In all, 145 companies and organisations are participating in the festival. Displays include plant seedlings, farm produce such as yam, tomatoes, maize, local rice, plantain, banana, livestock, cocoa products and assorted plants, as well as tractors, weeding and irrigation equipment.

2024 budget

Government has allocated GH¢1billion to the Millennium Development Authority (MiDA) as part of implementing the second phase of Planting for Food and Jobs (PFJ 2.0).

This is in line with efforts to implement the Economic Enclaves Project (EEP) – aimed at improving the country’s food security while reducing rising food import bills. It also seeks to address youth unemployment. This funding will be dedicated to providing critical infrastructure, including irrigation and canals, as well as clearing and developing land for private sector actors in the EEP.

Asian African Consortium (AAC) revolutionizes rice sub-sector

Commending, the Asian African Consortium (AAC) at Agrifest, Ken Ofori-Atta praised the company’s efforts in transforming Ghana’s rice sub-sector. AAC provides crucial technical and machinery support to smallholder farmers, addressing financial constraints.

Adelaide Siaw Agyepong, CEO of AAC, underscores the significance of their machinery in pre-farming activities, emphasizing its role in land development, crop enhancement, and irrigation.

The equipment, part of a collaboration with the Yama group of companies, aims to make Ghana’s agricultural sector competitive and sustainable.

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Ghana to enjoy 5G internet services from September – Communications Minister

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Minister for Communications and Digitalisation, Ursula Owusu-Ekuful has confirmed that 5G network service will be active in Ghana starting September 2024.

Appearing as a guest on Peace FM’s Kokrokoo morning show on Wednesday, March 20, 2024, the minister was emphatic in her response when the host, Kwame Sefa Kayi questioned her on when the 5th generation of mobile network service will be available for consumers in Ghana.

“Ghana will get a 5G internet connectivity in September 2024,” she stressed.

5G succeeds previous generations of 1G, 2G, 3G and 4G. It represents the latest advancement in wireless technology, offering significantly faster data speeds, lower latency, and increased capacity compared to its predecessors.

Ghana currently runs on 4G which is considered slow and outdated in the face of current technological advancement.

The minister’s confirmation comes on the back of a recent cut in internet services in Ghana and some other West African states.

The incident according to the National Communications Authority (NCA) is a result of some seismic activities which led to a cut in undersea fibre optic cables delivering internet to West Africa.

According to the NCA, the issue will take not less than five weeks to fix. Meanwhile, service providers such as telecommunication networks have switched to alternate sources to give their customers more stable network.

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We need to eat locally produced commodities – Chrysantus Akem –

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Programme Coordinator of Technology for African Agricultural Transformation (TAAT), Chrysantus Akem, has said it is about time Africa consumes food commodities that are locally manufactured.

According to him, towing this path will cut the huge sum of money that goes into the importation of foodstuffs, including rice and poultry, among others.

Speaking at the launch of TAAT Phase II in Accra on Wednesday, March 20, 2024, Mr Akem noted that about US$35 billion is spent every year on the importation of food.

“Eat what you produce and produce what you eat because right now, it is estimated that we are spending about US$35 billion every year importing foods. This has to stop. We have to make sure that these amounts are diverted to other sections of the economy instead of importing food like rice that we can grow,” he said.

Citing Ghana as an example, Chrysantus Akem stated that the government can focus on soybeans as oil can be extracted from this essential commodity for both local use and exportation.

He further pointed out that the TAAT Phase II focuses on five commodities including maize, soybeans, vegetables, and fish.

“Maize is a commodity we know is consumed across the country. The key thing that we’re bringing are high-yielding varieties that can yield 5 to 6 tonnes per hectare compared to the 1 to 2 tonnes per hectare that the varieties are yielding. In addition to that, we also want to encourage the consumption of pro-vitamin A meals so that we can move from food security to nutrition security. That’s the first commodity,” the TAAT Coordinator stated.

He added that, “the next one that we’re bringing in is soybean. Ghana grows a lot of soybeans. We want to focus on soybean to extract oil… The other commodity is vegetables. Vegetables are the new ones we are bringing in… and fish.”

The launch of the Phase II of the Technology for African Agricultural Transformation programme gives researchers, policymakers, farmers, donor partners, and all stakeholders in the agricultural value chain the opportunity to move closer towards achieving greater agricultural productivity and food security in the sub-region.

The initiative aims at supporting countries in the region to improve crop, livestock, and fish productivity.

TAAT Phase II is expected to expand access to adaptive and proven technologies to more than 40 million smallholder farmers across Africa by 2025, as well as, generate an additional 120 million tonnes of food.

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Government committed to paying GH¢6.5bn DACF arrears – Osei-Asare assures

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Outgoing Deputy Finance Minister, Abena Osei-Asare, has acknowledged that the government currently owed arrears due to be paid into the District Assemblies Common Fund (DACF).

She pledged that the government’s commitment to resolving the outstanding debt.

Benjamin Kpodo, Ho Central Member of Parliament, raised the issue of non-payment of statutory allocations into the fund, alleging that a total amount of GH¢6.5 billion was yet to be transmitted.

The MP, who is also the Deputy Ranking Member of the Local Government Committee of Parliament, highlighted that the Ministry of Finance’s delay in releasing funds, in violation of constitutional mandates for quarterly disbursements, has left the Common Fund significantly underfunded.

Speaking in Parliament during discussions on the proposed DACF distribution formula for 2024, Mr Kpodo stressed the urgent need for the government to fulfil its financial obligations to local authorities.

“The Ministry of Finance has been violating the Constitution. Article 252(2) clearly states that the disbursement should be done on a quarterly basis, which they were not doing. As we speak now, the Common Fund is being owed some GH¢3.5 billion over the past two years”, Mr Kpodo said.

“For 2023, the debt has again risen by another GH¢3 billion. So, I don’t know where the Ministry of Finance is keeping the money meant for the District Assemblies Common Fund,” he added.

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