Carbonatix Pre-Player Loader

Audio By Carbonatix

The government has announced plans to support the establishment of 100,000 hectares of new oil palm plantations as part of efforts to transform Ghana’s oil palm industry, create jobs and reduce the country’s reliance on imported palm oil.

The Minister for Food and Agriculture, Eric Opoku, announced the initiative at the National Oil Palm Multi-stakeholder Roundtable Forum in Accra on Wednesday, August 12, 2026.

He said the expansion programme would form part of a broader strategy to move Ghana’s oil palm sector beyond policy commitments and studies towards practical interventions with measurable outcomes.

The forum, held under the theme, From Policy to Practice: The Role of TCDA in Resetting Ghana’s Oil Palm Industry," brought together key stakeholders, including government officials, the Tree Crops Development Authority (TCDA), farmers, processors, investors, researchers, development partners and traditional authorities.

Mr Opoku said Ghana had developed several policies and conducted numerous studies on agriculture over the years, but argued that the focus must now shift towards implementation, coordination and accountability.

“Policy acquires value only when it changes lives,” the Minister said, stressing that the forum must result in clearly defined responsibilities, timelines, resources and measurable targets.

He described oil palm as a strategic crop with strong links to both agriculture and industry, noting that the sector provides livelihoods for farmers, nursery operators, transporters, processors, traders and manufacturers.

According to him, the industry also presents significant opportunities for women and young people, while palm oil and its by-products serve as raw materials for a wide range of industries, including soap and cosmetics, pharmaceuticals, confectionery, animal feed and bioenergy.

The Minister, however, acknowledged that Ghana continues to face a substantial gap between domestic palm oil production and national demand, forcing the country to rely on imports to bridge the shortfall.

He said the deficit should not be viewed simply as a supply challenge, arguing that it also represents lost jobs, lower incomes for farmers, underutilised processing capacity and foreign exchange that could otherwise be retained within the Ghanaian economy.

Mr Opoku said the government’s plan to expand oil palm cultivation was therefore intended to unlock the sector’s full potential by increasing domestic production and strengthening the entire value chain.

He called on stakeholders to use the roundtable to develop practical solutions that would improve productivity, attract investment, strengthen processing and create sustainable opportunities for farmers and other actors in the oil palm industry.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.