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50 farmer centres, GH¢200m for buffer stock company

50 farmer centres to boost local agriculture

NewsCenta by NewsCenta
November 14, 2025
in Local, News
0
Agriculture GDP S&P credit rating Buffer stock

Ato Forson, Finance Minister

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Thousands of farmers across Ghana are set to benefit from a major expansion of mechanisation and market access initiatives announced in the 2026 Budget.

Presenting the Budget on Thursday, November 13, Finance Minister Dr Cassiel Ato Forson revealed that the government will establish 50 Farmer Service Centres nationwide to enhance productivity and reduce post-harvest losses.

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Each centre will be equipped with tractors, harvesters, planters, and seed drills to provide farmers with access to modern farming machinery.

The Agricultural Mechanisation Services Enterprise Centres (AMSECs) will also offer affordable equipment rental and training to farmers, ensuring that mechanisation reaches even smallholder farms.

In addition, Dr Forson announced that GH¢200 million has been earmarked for the National Food Buffer Stock Company to procure produce directly from local farmers.

The establishment of the 50 farmer centres with a GH¢200 million will boost the Buffer Stock Company, aiming to enhance agricultural productivity and stabilise food prices.

A new directive will require public and educational institutions to prioritise purchasing Ghanaian rice, maize, poultry, and eggs.

“These policies ensure that farmers are protected from market shocks while stimulating demand for locally grown food,” Dr Forson said. “Our goal is simple: to make farming profitable again.”

According to the Finance Minister, these interventions are part of the government’s broader strategy to strengthen the agriculture sector, create jobs, and promote inclusive economic growth.

By combining mechanisation, training, and guaranteed market access, the government aims to improve yields, reduce losses, and empower farmers across the country.

Meanwhile, the government has earmarked GH₵5.1 billion to support cocoa farmers in the 2025/26 season, covering mass spraying and free fertiliser distribution.

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Tags: Dr. Cassiel Ato ForsonNational Buffer Stock Company
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