Audio By Carbonatix
The Chief Executive Officer (CEO) of the National Food Buffer Stock Company Limited (NAFCO) says the government spent over GH¢2.7 billion on payment of food suppliers for the Free Senior High School policy between 2017 and 2022.
According to Hanan Abdul-Wahab, the amount covers the provision of 18 different food items to more than 700 Senior High Schools as well as technical, vocational and community development schools.
Mr Abdul-Wahab revealed this on Monday, August 21 while speaking at the Meet the Press series held by the Ministry of Information in Accra.
He outlined that in 2017, food suppliers received GH¢81.1 million, followed by GH¢296.2 million in 2018, and GH¢441.5 million in 2019.
The NAFCO CEO said the company paid GH¢467.9 million and GH¢692.2 million to the food suppliers in 2020 and 2021 respectively. He noted that the highest payment occurred in 2022, amounting to GH¢726.6 million.
Mr. Abdul-Wahab acknowledged that although there were outstanding payments owed to food suppliers for 2022, the government had already disbursed GH¢100 million on July 17, 2023.
He said that an additional GH¢80 million has been released but is yet to reach the suppliers' accounts.
Mr. Abdul-Wahab maintained that NAFCO is committed to ensuring food security, establishing guaranteed prices for farmers, stabilising local food prices and fostering the consumption of locally produced grains.
Latest Stories
-
Let’s treat persons with disabilities right – Director urges GHS staff
10 minutes -
Soldiers in Benin say they have seized power from President Talon
17 minutes -
Lionel Messi leads Inter Miami to MLS Cup glory
36 minutes -
Soldiers on Benin’s national television claim to have seized power
54 minutes -
Premier Tennis Club organizes Tema Farmers’ Day Tournament
1 hour -
Liberia, South Africa ex-First Ladies attend Lordina Foundation’s 5th health screening for retired ministers
1 hour -
KGL Foundation partners Premier Tennis club to celebrate Farmers’ Day
1 hour -
Adrobaa crowned winners as Milo U13 Championship makes grand return
2 hours -
NAIMOS seizes excavators and shuts down illegal Riverbank mining in Eastern Region
4 hours -
NAIMOS dismantles illegal foreign mining network along the Bia River
4 hours -
Zelensky signals progress in talks with US on peace plan
5 hours -
Policemen assaulted in Jirapa; AK-47 rifles stolen
6 hours -
Bibiani tragedy: Toddler killed by moving Toyota Pickup
7 hours -
Don’t scrap OSP – Anti-corruption CSO demands review
8 hours -
GIS, EU vow closer security cooperation to boost northern border control
9 hours
