• 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

Weak cedi shoots up farming inputs cost – PFAG

3 years ago
in Agribusiness, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
72
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Weak cedi shoots up farming inputs cost – PFAG

President of the Peasant Farmers Association of Ghana (PFAG) Awal Wepia Addo says the cedi’s current weakness has made the lives of farmers miserable, as it has led to increments in the price of inputs.

Currently, the cedi is sold at more than GH¢10 to a dollar.

“It will surprise you to note that our crop budget for an acre of maize which used to be around GH¢1,700 in 2021 has jumped to an unbelievable GH¢5,000 for this planting season. Sadly, the cedi’s poor performance coupled with high fuel prices are pushing prices further up daily.

“Farmers have been left with little or no choice but to either underproduce or seek alternative livelihoods, since farming has become a catastrophe in Ghana. The result is low production coupled with high prices of food we are witnessing in the markets,” he stated.

Calling for ad-hoc and sustainable measures to solve the inherent challenges faced by farmers in Ghana, Mr. Addo said President Akufo-Addo’s recent pronouncement that government intends to facilitate the carting of food from farm-gates to market centres is a clear example of “plain misunderstanding and non-appreciation of the enormity of the problems we are confronted with”.

According to him, a proper diagnosis of the situation would reveal to government that it is not the greed or profiteering nature of traders causing the high food prices, but rather the ever-increasing high cost of production which is forcing farmers and other traders to transfer these costs to consumers so as to make up for their production costs.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

“Providing fuel coupons or facilitating the movement of this produce will not reduce prices of food or solve the problems. The problems are enormous, and government needs to look at an all-inclusive approach to mitigating them. We therefore call for an emergency stakeholder meeting to review the implementation strategy of the various government initiatives, which are clearly not responding sufficiently to the country’s needs,” he stated.

The PFAG president was speaking at the launch of Road Safety Tip Flyers for road users to aid in the smooth transportation of agricultural produce along major highways in Ghana.

The road safety tip flyers

Mr. Addo said development of the flyers is a testament to the commitment of PFAG to foster a relationship between all actors to ensure adequate food is available for all.

“Indeed, when PFAG collaborated with the Ghana Police Service to organise an awareness creation workshop last year in Tamale, many might have thought it was one of the usual exercises of which the expected outcomes are not followed through. Therefore, it gives me so much joy that the PFAG and Ghana Police Service have been able to work together effectively to ensure the development of these flyers for improved movement of goods across major highways in Ghana,” he stated.

He described the flyers as very necessary, considering the unpleasant experiences that road users share regarding the attitude of some police personnel on the road, saying: “While it is worth noting that the police have their role and mandate to ensure law and order, and they have some excellent personnel who execute their mandate with high levels of professionalism and integrity, the excesses of some of their personnel in deliberately delaying, frustrating and extorting monies from road users is very unfortunate”.

He cited countless stories of truck drivers carrying perishable produce such as tomatoes, onions, yam and other vegetables who have been unduly stopped by police for unnecessary checks – requesting unnecessary documents, seeking unnecessary information in an attempt to extort monies from them.

“Failure of these drivers to surrender monies to them results in the confiscation of these goods for long periods, sometimes resulting in their spoilage by the time they are released,” he stated.

Tags: ghanaPeasant Farmers Association of Ghana (PFAG)Weak cedi shoots up farming inputs cost – PFAG
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

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.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.