• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Economy 201601

'Government is investing hugely in Agriculture' - President Mahama

12-Jan-2016
/ Economy, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

President John Dramani Mahama has announced that government is investing huge sums of money on Agriculture to ensure self-sufficiency and export to other neighbouring countries.

The investment, he said, was on rice, maize, soya beans, shrimps, coffee and palm oil production.

President Mahama, who was addressing a news conference, as part of his third year in office, said Ghana had no reason to continue importing certain products it had the comparative advantage to produce and export.

The conference was attended by over 100 journalists drawn from the public, private and international media, where the President explained some of his policies and outlined future development plans.

He said government's investment on rice had raised local rice production from 30 percent to 60 percent, and thereby, reducing the importation of the commodity which is a major staple in the country.

He said about 10, 000 acres of land was irrigated for rice cultivation, indicating that the Asutuare rice farmlands were becoming small for the farmers on account of the growing demands to engage in the cultivation of the commodity.

President Mahama said under the Savannah Accelerated Development Authority, government would expand irrigation projects in the Nasia and Nabogu rice, soya beans and maize farms in the Northern Region.

The President said the Ministry of Fishery and Acquaculture was also engaged in ensuring sufficient production of shrimps for domestic consumption and for export.

He expressed regret that Ghana was importing palm oil from other countries, despite the comparative advantage it had, to produce sufficient quantities of the product to meet the demands of Ghanaians and neighbouring countries.

President Mahama said as a measure to resuscitate coffee production in the country, COCOBOD in collaboration with Cocoa Touton, a French cocoa processing company in Ghana, were working out plans to supply two million coffee seedlings to farmers throughout the country.

He said government would continue to provide the necessary support to farmers to help them expand production and help reduce the importation of food crops.

Source: GNA

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Finance Minister Under Fire Over New Tax Law

Next Post

Crude Oil Prices Fall Almost 20% Since Beginning Of The Year

 
 

More Stories

Ghana’s Energy Security Remains Our Topmost Priority – Energy Minister Tells Investors In London
Ecobank unveils its Single Market Trade Hub to promote intra-African trade
Cocoa Prices Reach 6-Year High Amid Supply Concerns
Energy Sector Debt Identified As Key Contributor To Ghana's Debt - World Bank Rep Warns
Economic Recovery Will Be Swift - Finance Minister Assures
PURC Justifies 2023 2nd Quarter Tariff Adjustment
Ambiguity Over IMF-Funded BoP Support Worrying – IEA
Concerns Heighten Over Declining Oil Production
Cedi Faces Pressure Amid US Debt Ceiling Negotiations
Next Post

Crude Oil Prices Fall Almost 20% Since Beginning Of The Year

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Economy Stories

  • Ghana’s Energy Security Remains Our Topmost Priority – Energy Minister Tells Investors In London

  • Ecobank unveils its Single Market Trade Hub to promote intra-African trade

  • Cocoa Prices Reach 6-Year High Amid Supply Concerns

  • Energy Sector Debt Identified As Key Contributor To Ghana's Debt - World Bank Rep Warns

  • Economic Recovery Will Be Swift - Finance Minister Assures

  • PURC Justifies 2023 2nd Quarter Tariff Adjustment

  • Ambiguity Over IMF-Funded BoP Support Worrying – IEA

  • Concerns Heighten Over Declining Oil Production

  • Cedi Faces Pressure Amid US Debt Ceiling Negotiations

  • No Workers To Fill Vacancies In Germany, Grocery Bills Up 28.6% - A Look At Life in Europe's 'Economic Powerhouse'

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (07/06/2023)

Peace Power Sports (05/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (05/06/2023)

What's The Meaning Of Your Statement??? Ellen Daaku Asks Sammy Gyamfi

Kokrokoo Discussion Segment On Peace 104.3 FM (06/06/2023)

Peace Power Sports (06/06/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media