The Food and Agriculture Minister, Dr Owusu Afriyie Akoto says processes are underway to expand the country’s agricultural economy which depends on cocoa to include other six cash crops.
At a press conference on Sunday, the Minister noted that Ghana has been operating a mono agriculture economy for more than a century and needs to exploits other seedlings that could rake in more revenue.
According to him, “the Akufo-Addo government is determined that this monopoly is broken.”
He, therefore, noted that fundamental procedures that will ensure that the production of the crops; coconut, oil palm, rubber, cashew, shea nut, and coffee, has been strategically planned and is being executed in various parts of the country.
“Government has put into the ground seeds to ensure that in the next eight to 10 years the country is going to earn as much as we are earning now from cocoa today which is about $2.5 billion a year,” he told the media.
Citing Côte d'Ivoire, the Minister noted that the country’s neigbouring country is making $15 billion annually form the production and export of five cash crops.
With the conducive weather in the country, he was optimistic that the vision of government will materialize.
“We have now as a very strategic precision we have engineered a process with the creation of the Authority; Tree Crop Development Authority in place to ensure that this happens to the six crops,” he stressed.
Latest Stories
-
Gold Fields Ghana Foundation challenges graduates to maximize benefits of community apprenticeship programme
20 mins -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
32 mins -
Boost for education as government commissions 80 projects
43 mins -
NAPO commissions library to honour Atta-Mills’ memory
54 mins -
OmniBSIC Bank champions health and wellness with thriving community walk
56 mins -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
60 mins -
NDC supports Dampare’s ‘no guns at polling stations’ directive
1 hour -
Police officer interdicted after video of assault goes viral
1 hour -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
1 hour -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
2 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
2 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
2 hours -
Mr Daniel Kofi Asante aka Electrician
2 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
2 hours -
Election 2024: Engagement with security services productive – NDC
2 hours