Ghana's Ministry of Food and Agriculture (MOFA) is putting measures in place to ensure that prices of farming inputs are stabilized and affordable to local farmers. Some of the measures include tax exemptions on all imports of agro inputs.
The Ministry will also meet periodically with the input distributors to ensure that together they find solution to the high cost of farming inputs and to assist them to overcome difficulties that push prices high.
The Deputy Minister of Food and Agriculture in Charge of Crops, Clement Eledi, said a major problem of delayance in the clearing of the inputs at the ports was identified as one reason that could affect the prices due to high port charges. He said the ministry has therefore held discussions with the Director General of the
Appearing before Parliament on behalf of the Sector Minister last week during question time, Eledi said the price of fertilizer is dependent on the price of crude oil because fertilizer is a by-product.
“A plan has been instituted by the Ministry to meet regularly with distributors to sort out strategies that could result in affordable agro inputs,” the Deputy Minister noted.
Business Week Ghana