Audio By Carbonatix
Mrs. Elizabeth Ofosu-Adjare, the Minister of Trade, Agribusiness, and Industry, says the One-District-One-Factory (1D1F) Programme, a flagship initiative of the previous New Patriotic Party (NPP) government, has been cancelled.
"Mr. Speaker, I want to draw the House's attention to the fact that as of now, there is no policy as 1D1F," she said on Tuesday on the Floor of Parliament.
The minister explained that the ministry was now focusing on agro-processing parks under the 24-hour economy policy, which aimed to make Ghana's economy vibrant around the clock.
"Mr. Speaker, we are doing agro-parks, which seek to be a great game changer, especially in the agro-processing zones... to produce around the clock for import substitution, export, foreign exchange, and to create jobs for our teeming youth."
Mrs. Ofosu-Adjare made the remarks when she answered an urgent question by Mr Alexander Afenyo-Markin, the New Patriotic Party (NPP) Member of Parliament (MP) for Effutu.
The MP, also the Minority Leader, asked the Minister about specific incentives and investment promotion packages being deployed to attract private sector investment, given the cancellation of the 1D1F.
The minister noted that the policy for the 24-hour economy, which included investment packages, was under review and would be presented to Parliament when completed.
When asked about transitional measures following the cancellation of 1D1F, the minister said the ministry was in talks with stakeholders and looking at the fallout from the cancellation.
However, she attributed the cancellation to the previous administration, stating:
"Since I did not cancel the policy, I would not be in a position to give reasons why remedial measures were not given before the cancellation," she said.
Latest Stories
-
Ghana’s new envoy to U.S. and diaspora lawyers to launch ‘Law Day’ for citizens
5 hours -
Mahamud Iddi wins TCL Electronics worth GH¢100,000 in EGL’s Akye3de3 Kese3 Promotion
7 hours -
Lands Minister, NAIMOS mourn fallen soldier killed during anti-galamsey operation in Obuasi
7 hours -
Ghana Impact Project donates $20k to restore mobility for children
7 hours -
JoyNews’ Kwaku Asante named Best Radio and TV Journalist in Parliamentary Reporting
8 hours -
Education Ministry updates EMIS indicators to strengthen ICT integration in schools
9 hours -
Interior Ministry declares Christmas, Boxing Day and New Year’s Day public holidays
9 hours -
President Mahama directs Finance Ministry to disburse $78m for completion of Takoradi–Agona-Nkwanta road
9 hours -
Interior Minister lauds NIA staff for dedication, pledges continued government support
9 hours -
First Atlantic Bank will run a “proper and decent business” to protect shareholder value – CEO
10 hours -
First Atlantic Bank targets African expansion as IPO strengthens capital, governance
10 hours -
First Atlantic Bank CEO attributes IPO and GSE listing decision to renewed confidence in Ghana’s economy
10 hours -
GPL 2025/26: Bechem United end All Blacks 6-game unbeaten run
10 hours -
Eggs fly off shelves as shoppers throng The Multimedia Group’s X’mas Egg Market on final day
11 hours -
Bankable energy: Why Africa’s downstream sector is the next global investment frontier
11 hours
