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There is no food shortage in Ghana – Minister of Agric debunks reports
The Minister of Agriculture, Dr. Owusu Afriyie Akoto, has rubbished off reports that the country is currently facing food shortages.
He said the Ghanaians should disregard such reports because there is an abundance of food in the country.
Addressing the staff of MOFA and farmers in the Eastern Region as part of his official tour, Dr. Akoto said linking high food prices with shortage is non-existent.
“There is no food shortage in Ghana as is being speculated, the food situation in the regions is enough evidence, however, we recognise that food is relatively expensive due to external factors.”
The Minister said, the increase in prices of food commodities is not because of the government’s policies, but external factors such as the increment of imported chemicals and other external factors beyond their control.
“We are encouraging farmers to switch to organic fertilizers produced locally to reduce the impact of fertilizer shortage on food production and urged the far west to switch quickly to the use of compost.”
On financing from the banks, Dr Afriyie Akoto hinted that the government is looking at alternatives to compel banks to lend a portion of their loans to farmers to improve production.
That, he said is to address farmers’ inability to acquire loans from the banks adding that several efforts to the banks had proved futile over the years and the banks preferred to give loans to business people than farmers.
Inflation in Ghana recently moved to a record 27.6% in May, data from the Ghana Statistical Service showed.
Compared to the 23.6 percent recorded in April, this represents a four percentage points jump in the inflation rate.
The latest development means that in the month of May 2022, the general price level was 27.6% higher than in May 2021.
Month-on-month inflation between April 2022 and May 2022 was 4.1%
The Consumer Price Index for May 2022 was 162.8 relative to 127.6 in May 2021.
Also, food inflation rose again to a record 30.1 percent compared to 26.6 percent recorded in April while Non-food inflation stood at 25.7 percent in May, compared to 21.3 percent recorded in the previous month.
The inflation for imported goods was 28.2%, which is higher than the 24.7% recorded for April 2022, while the inflation for locally produced items was 27.3%, up from the 23.0% recorded in April 2022.
Source: www.pulse.com.gh
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
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Prophet Courage Heavens set to launch ‘Predestination’ book on March 23
Prophet Courage A. Heavens is set to launch the much-awaited book titled ‘Predestination’ on Sunday, March 23, 2025 at 5:00PM.
The launch, which is expected to impact lives, will take place at Crossgates Ministries, Flattop, off N1 Highway, opposite Angel Hauz.
The book is aimed at addressing the way people struggle to understand how free will and destiny align.
It is also aimed at providing clarity on God’s sovereignty and one’s place in His divine plan.
The various chapters of the book address various issues through scriptures and personal stories.
Committed to impacting society, part of the proceeds from the book will go into Courage Heavens Education Legacy (CHEL), an educational foundation transforming lives.
CHEL is dedicated to providing financial support and mentorship to brilliant but needy students, ensuring they have access to quality education and opportunities for a better future.
Prophet Courage Heavens is a prolific writer and previously authored Eli Eli Lama Sabachthani, a powerful book that encourages unwavering faith in times of trials.
In addition, he has written seven more prophetic and life-changing books that are yet to be published.
He is dedicated to raising the next generation for impactful ministry. As the leader of Crossgates Ministries, he nurtures believers in faith and purpose.
