NAFCO Requires GH¢770 Million to Buy Excess Rice and Grains from Farmers Nationwide

The National Food Buffer Stock Company (NAFCO) says it needs at least GH¢770 million to purchase surplus rice and other grains from farmers across the country, as concerns grow over limited market access and delays in government procurement under the Free Senior High School (Free SHS) programme.

The issue follows complaints from farmers who say the agency has not fully implemented a directive to prioritise locally produced rice for second-cycle institutions, with some schools reportedly still relying on imported rice.

Speaking on the Citi Breakfast Show on Tuesday, May 5, 2026, NAFCO spokesperson Emmanuel Arthur explained that the volume of unsold produce far exceeds the company’s current financial capacity.

“When the directive came, we informed government that we would need not less than GH¢770 million to mop up what was with the farmers,” he said.

He added that although the full amount was requested, the government initially released a smaller allocation.

“But government indicated there wasn’t much available at the time, so GH¢100 million was given as a start in 2025,” he noted.

Mr. Arthur further disclosed that additional funding has been captured in the 2026 national budget to support the programme.

“In the 2026 budget, government has indicated an additional GH¢200 million will be provided. We are waiting for that release,” he said.

The situation has triggered growing concern among rice farmers, who say delayed purchases are affecting their livelihoods and leaving large quantities of produce unsold.

Government had earlier instructed NAFCO to prioritise local rice procurement for the Free SHS programme as part of efforts to support domestic agriculture and reduce reliance on imports.

Leave a Reply

Your email address will not be published. Required fields are marked *