• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Agribusiness

Agric Ministry Receives GHS 1.67 Billion as Ghana Pushes Food Security Drive

1 day ago
in Agribusiness, Business, Economy, Editor's pick, Features, General, highlights, Home, home-news, latest News, News, Political
2 min read
0 0
0
45
VIEWS
Share on FacebookShare on TwitterShare on Linkedin
  • Agric Ministry Receives GHS 1.67 Billion as Ghana Pushes Food Security Drive

Ghana’s government has released GHS 1.677 billion to the Ministry of Food and Agriculture, representing 85 percent of the ministry’s approved 2026 budget for goods, services and capital expenditure.

The announcement was made by Deputy Finance Minister Thomas Nyarko Ampem during the launch of the National Pact for Agricultural Transformation, Food Security and Employment, also known as the AgriConnect Compact, in Accra on Wednesday.

The release is expected to strengthen confidence in the government’s commitment to agricultural transformation at a time when food security, job creation and domestic production have become central to Ghana’s economic recovery agenda.

Speaking at the event, Mr Ampem said President John Mahama’s administration was backing its agricultural policy with “substantial financial commitments and targeted investments” aimed at modernising the sector and expanding economic opportunities.

According to the Ministry of Finance, the funds will support a number of flagship interventions designed to improve productivity, reduce import dependence and strengthen agricultural value chains.

The largest allocation, GHS 581.4 million, has been directed toward the establishment of 50 Farmer Service Centres across the country. The centres are expected to improve mechanisation and expand farmers’ access to essential agricultural services.

Another GHS 515.3 million has been released for the supply of fertilisers and certified seeds to farmers as government seeks to raise crop yields and stabilise domestic food production.

RelatedPosts

2026 FIFA World Cup Diaries: Brazil Face Pressure as Morocco, Scotland and Haiti Eye Group C Upsets

Brent Crude Forecast Raised to US$87 as Fitch Warns of Growth Risks

PFAG Calls for Immediate Rice Import Quota as Local Farmers Face Heavy Losses

To reduce dependence on seasonal rainfall, government has also earmarked GHS 110 million for irrigation infrastructure projects to support year-round farming.

In the poultry sector, GHS 244.9 million has been allocated to the Poultry Farm-to-Table initiative, locally branded as “Nkoko Nkitinkiti”, as part of efforts to revitalise domestic poultry production and reduce reliance on imports.

An additional GHS 200 million has been released to the National Food Buffer Stock Company to improve storage, commodity distribution and agricultural trade logistics.

Mr Ampem said the administration’s broader agricultural strategy goes beyond increasing production. He noted that the focus is also on job creation, food security, value-chain development and long-term economic resilience.

The budget release comes as Ghana seeks to position agriculture as a major driver of economic transformation under the AgriConnect Compact.

The Compact is expected to mobilise investment into priority value chains, improve food and nutrition security, support agribusiness development and create employment opportunities, particularly for young people.

For government, the disbursement is intended to demonstrate that the agricultural transformation agenda is not only a policy statement, but a funded programme with clear implementation priorities.

However, the scale of the release will also invite scrutiny.

Investors, development partners, farmers and civil society groups are likely to monitor how quickly the funds translate into functioning farmer service centres, improved access to fertiliser and seeds, stronger irrigation systems, increased poultry output and better food storage.

For Ghana’s agriculture sector, the issue is no longer only about budgetary allocation. The real test will be whether the released funds deliver measurable gains in productivity, farmer incomes, food prices and rural job creation.

If implemented effectively, the 2026 agriculture budget release could mark an important step in shifting Ghana’s agriculture from subsistence production toward a more commercial, mechanised and resilient food economy.

Tags: Agric Ministry Receives GHS 1.67 Billion as Ghana Pushes Food Security DriveFertiliser and PoultryGhana Backs AgriConnect Compact With GHS 1.67 Billion Budget ReleaseGhana Releases 85% of Agric Ministry’s 2026 Budget to Drive Food Transformation AgendaGovernment Releases 85% of Agric Budget to Support Farmer Services
No Result
View All Result

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.