The Minister of Finance, Dr Cassiel Ato Forson, has announced the government’s immediate intervention to address the growing food glut across the country, following a directive from President John Dramani Mahama.
Presenting the 2026 Budget Statement to Parliament on November 13, 2025, Dr Forson revealed that the President has authorised the release of GH¢200 million to the National Food Buffer Stock Company (NAFCO).
The funds will be used to purchase and store surplus food from farmers, helping to prevent waste and protect their livelihoods.
He emphasised that the move reflects the government’s commitment to safeguarding the interests of farmers, who continue to play a vital role in Ghana’s economic development.
The intervention, he noted, will not only reduce post-harvest losses but also help stabilise food prices and strengthen national food reserves.
“Mr. Speaker, our farmers have always carried Ghana on their shoulders. With these investments, we are returning the favour, giving them the tools, technology, and support to carry the nation into a future of food security and prosperity. The transformation has begun,” he said.
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Dr Forson added that the government remains focused on transforming agriculture through investments in modern farming techniques, irrigation infrastructure, and post-harvest management systems.
The intervention comes at a time when farming communities across the country have reported surpluses of maize, rice, yam, and other staples, raising concerns about storage limitations and falling market prices.
With the release of the GH¢200 million, NAFCO is expected to begin immediate procurement and storage of the excess produce.
SA/MA
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