The Chief Executive Officer of Oro Oil Ghana Limited, Maxwell Commey has advised the incoming government of the President-Elect, John Dramani Mahama to tap fully the potential of oil palm export as a pivotal strategy for economic growth and competitiveness under its flagship 24-hour economy policy.
According to him, transitioning to a 24-hour economy presents a significant opportunity for a nation with a robust agriculture sector, saying, the export of palm oil alone to African countries like Nigeria is vast enough to create employment opportunities for millions of Ghanaian youth if the government establishes an enabling environment for private sector participation.
Speaking to the media, the Board Member of the Tree Crops Development Authority Ghana highlighted that, if the new government aims to strengthen the economy, it needs to prioritize local production over excessive reliance on imports.
He added that his company is one of the largest exporters of palm oil in Ghana but struggles to meet both domestic and international demands saying "I only meet 30% of just a single client in Nigeria hence, government empowerment by providing a land bank will go a long way to help support the private investors in agriculture".
"The Accelerated Export Development Council will be efficient if the new government removes partisan politics in every aspect of their operations. The government should involve industry players with good track records on decisions that affect them rather than mere political agendas ", he noted.
Regarding youth unemployment, Mr Commey noted that the government should create an enabling environment for private-sector investors to generate jobs. Also, the time has come for entrepreneurs in farming to mentor the youth in agriculture to make it more attractive while the country engages more in commercial farming.
The expansion of these sectors through a 24-hour operational framework could enhance Ghana's economic diversification, reduce unemployment, and increase Foreign Direct Investment (FDI). The current state of Ghana's agricultural economy is a critical pillar of its national economic framework, contributing significantly to GDP, employment, and international trade.
Maxwell Commey is the Chief Executive Officer of Oro Oil Ghana Limited, an integrated Agro-industrial company specializing in the cultivation and processing of Oil Palm in the Eastern Region of Ghana.
This noble business entity aims to become the number one giant among sustainable palm oil companies in West Africa, through operational excellence and top-notch international best practices creating wealth for their shareholders, seeing to the welfare of their employees, and ensuring satisfaction to both customers and the community at large.
Oro Oil Ghana Limited, under the vision of Mr Commey through good corporate governance, integrity in service and good interpersonal human relationships, has won numerous awards.
Mr Maxwell Commey is a businessman with over 25 years of experience in industrialization both in Europe and Africa. He is a Board Member of the Tree Crop Development Authority of Ghana and a National Executive Member of the Oil Palm Development Association of Ghana (OPDAG).
Mr Maxwell Commey knows the importance of giving back to the community and has created over 300 direct and indirect employment in some parts of Ghana.
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