September 18, 2024
Election 24 News News

DR. BAWUMIA IS COMMITTED TO ADVANCING AGRIBUSINESS INITIATIVES – NAPO

Farmers in Ghana, along with other agricultural stakeholders, have been assured of comprehensive support and attention to their welfare by the government led by Dr. Bawumia.

Dr. Matthew Opoku Prempeh, the Vice Presidential Candidate of the New Patriotic Party (NPP), emphasized the party’s recognition of agriculture’s vital contribution to national development.

In this context, he announced that the administration under Dr. Bawumia will introduce policies aimed at bolstering agribusinesses, thereby providing significant advantages to those involved in this essential sector.

During his national campaign tour on Friday in Kejeji, located in the Sene East district of the Bono East region, Dr. Prempeh, also known as ‘Napo’, expressed confidence that agribusinesses will undoubtedly prosper.

He assured that the forthcoming NPP government would ensure the provision of necessary financial, technical, and other forms of support to facilitate the success of agribusinesses across the nation.

The potential for expanding and creating thousands of new jobs in agribusiness in response to the opportunities in food security and food exports, including in AgriTech, is significant.

That’s why under Dr. Bawumia’s presidency, we plan to make significant investments and reforms in the sector, including agricultural research, food production, food preservation, and value-addition.

Dr. Bawumia-Napo emphasized several important initiatives he will undertake to actively support the growth of agribusinesses.

We shall create agricultural enclaves in each region based on its competitive advantage via private sector collaboration.

This is aimed at improving production, reducing post-harvest losses, and packaging agricultural produce for freshness/longer shelf life as well as farming under arid conditions, and Agric mechanization.

We shall also redirect Development Bank Ghana (DBG) to expand its financing and guarantee lines, especially through the proposed SME Bank that we will set up.

“This bank will support entities engaged in the manufacturing of value-added agricultural products consumed in large quantities by Ghanaians, including the processing and packaging of basic agricultural foods.

Through financing and guarantees from Development Bank Ghana (DBG) and the Ghana Incentive-Based Risk-Share System for Agricultural Lending (GIRSAL).

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