ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

Agric Ministry to introduce new input credit system for farmers under PFJ

May 22, 2023
in Ghana General News
agric ministry to introduce new input credit system for farmers under pfj
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
WhatsApp Image 2023 05 22 at 06.56.29

The Ministry of Food and Agriculture is set to introduce a new programme to boost food production in the country as the government moves to ensure food security for the next five years.

The new programme, the Input Credit System, is set to commence in June this year pending the approval of Cabinet and will provide critical support to farmers in agricultural inputs under the Government’s Planting for Food and Jobs.

ADVERTISEMENT

The Agriculture Minister, Minister Bryan Acheampong disclosed this in Tema last Friday at the launch of the Sustain Africa Initiative, a crisis response and resilience initiative to improve availability, affordability, and effective and sustainable use of fertilizers in Africa.

ADVERTISEMENT

The Initiative was founded by Rabobank, The Bill & Melinda Gates Foundation (BMGF), International Fertilizer Association (IFA), and the African Fertilizer and Agribusiness Partnership (AFAP).

According to the minister, the government remains committed to ensuring that it delivered optimum results in the agric sector so it was targeting all farmers although the programme will be rolled out from large-scale farmers down to multi crop mixed farmers.

“In the end, we want farmers and farming to be organized so that they can have the desired relevance in the food security inventory,” he added.

ReadAbout

‘Social protection is your right, not charity’

CDD-Ghana urges EC to address outstanding issues surrounding electoral process

Stories of Hope: Michael sacrifices his dream career for the well-being of his family

He indicated that the new system would reduce the production cost borne by farmers by about 85 percent, with a total of about 3.5million farmers in the country ultimately expected to benefit from the programme.

Mr Acheampong explained that with the new programme, the government was moving away from the current subsidy programme, which only catered for 15 percent of the production cost of farmers.

“Prices of inputs and machinery contribute about 85 percent of the cost of production for a farmer. The previous subsidy programme we had was taking care of only 15 percent of that cost of production,” he noted.

ADVERTISEMENT

He indicated that one of the key goals of the programme was to lower the entry barrier into agriculture to enable more people, particularly, the youth to go into agriculture.

The minister added that the new system would also allow farmers to get the fertilizers they want at more affordable prices.

Mr. Acheampong, who is also the MP for Abetifi in the Eastern Region, indicated that the ministry had identified 10 crops and poultry for the country’s food security strategy, and each of them had its strategy, targets and plan under the programme.

“With the new programme we are going to facilitate ETG (one of the partners of the Sustain Africa Initiative) to provide fertilizers and seeds to farmers and get paid after the planting season. The crops will be traded at the Ghana Commodity Exchange and delays in payments will be a thing of the past,” he stated.

Providing some projections, the minister indicated that prices of inputs and fertilizers such as Ammonia and NPK (23:10:5) would record significant decreases of about 30 to 50 percent  once the programme is rolled out, and that would help farmers save money and increase production.

He appealed to all fertilizer producers, suppliers and partners in the country to emulate ETG and reduce the prices of their fertilizers; “we know the dollars is coming down, the production sources are stable, let us bring the prices of fertilizers down so that farmers can benefit and prices will be cheap and stable for our food security, food resilience and food availability.

The minister expressed appreciation to ETG for its support to the agric sector in the country.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policies of Homebase Television Ltd.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

0f6ccc2bd34b021a48650d39076dcc2d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Ghana General News

‘Social protection is your right, not charity’

‘Social protection is your right, not charity’

Ghana’s ambition to eradicate poverty under the Sustainable Development Goals may not be fully achieved as many beneficiaries of social...

Read more
by hbtvghana
0 Comments
Ghana General News

CDD-Ghana urges EC to address outstanding issues surrounding electoral process

CDD-Ghana urges EC to address outstanding issues surrounding electoral process

The Center for Democratic Development Ghana (CDD-Ghana) has urged the Electoral Commission (EC) to address long-standing issues surrounding the electoral...

Read more
by hbtvghana
0 Comments
Ghana General News

Stories of Hope: Michael sacrifices his dream career for the well-being of his family

Stories of Hope: Michael sacrifices his dream career for the well-being of his family

To work or to stay in school?… Michael kept tossing this coin until he settled on working so he could...

Read more
by hbtvghana
0 Comments
Business

MIIF to invest an initial $32.9 million into Ghana’s first lithium mine

MIIF to invest an initial $32.9 million into Ghana’s first lithium mine

The Minerals Income Investment Fund (MIIF) has agreed a two-part capital investment totaling $32.9 million in the first ever lithium...

Read more
by hbtvghana
0 Comments
Ghana General News

Cairo University employee shot dead in gender-based attack

Cairo University employee shot dead in gender-based attack

A female employee of Cairo University has been shot dead by a former co-worker in what Egyptian media are calling...

Read more
by hbtvghana
0 Comments
Ghana General News

Ghana to introduce Online Records Management System to streamline online RTI requests

Ghana to introduce Online Records Management System to streamline online RTI requests

The Ministry of Information is set to launch the Online Records Management System (ORMS). The system, which would be deployed...

Read more
by hbtvghana
0 Comments
Ghana General News

Collapsing or merging NIB, ADB will cause significant job losses – Minority Leader

Collapsing or merging NIB, ADB will cause significant job losses – Minority Leader

The Minority in Parliament is cautioning against severe job losses should the government go ahead to collapse or merge the...

Read more
by hbtvghana
0 Comments
Ghana General News

Youth leaders present policy recommendations to Northern Region Minister aimed at unlocking youth interests in Agriculture

Youth leaders present policy recommendations to Northern Region Minister aimed at unlocking youth interests in Agriculture

Leaders of two youth groups in Ghana’s Northern Region, the Northern Region Youth Parliament and the Northern Region Youth Network,...

Read more
by hbtvghana
0 Comments
Ghana General News

Korle-Bu apologises for disquiet caused by proposed hike in cost of dialysis services

Korle-Bu apologises for disquiet caused by proposed hike in cost of dialysis services

The CEO of Korle Bu Teaching Hospital, Dr. Opoku Ware Ampomah has apologised to the public for the ‘fear and...

Read more
by hbtvghana
0 Comments
Ghana General News

I may have done worse in MOGMusic’s Twitter fight – Cwesi Oteng 

I may have done worse in MOGMusic’s Twitter fight – Cwesi Oteng 

Gospel musician Cwesi Oteng has waded in on a recent banter that ensued between MOGMusic and some Twitter users.  MOGMusic,...

Read more
by hbtvghana
0 Comments
Load More
  • Ghana and Japan agree to pursue UN Security Council reforms

    Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
  • Steve Harvey’s Jaw-Dropping Revelation: Abandon Preconceptions and Embark on an African Adventure!

    65073 shares
    Share 0 Tweet 0
  • Climate crisis, empowerment, entrepreneurship, high on Kamala Harris’ agenda for Africa visit

    0 shares
    Share 0 Tweet 0
  • Gold Mafia: Gold smuggler sneaks $40 million worth of gold out of Ghana every month

    0 shares
    Share 0 Tweet 0
  • Tonto steps down, Funke Akindele loses, Desmond Elliot wins – 7 celebrities in Nigeria’s 2023 election

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.