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
-
McGinn the hero as Scotland clinch memorable victory
2 hours -
Iran win four staff visa appeals but 11 banned
2 hours -
Norway braces for verdict in rape trial of crown princess’s son Høiby
3 hours -
Suspected armed robber dies from gunshot wound after snatching a taxi at La
3 hours -
Over 458,000 children miss school due to child labour in Ghana — CHRAJ
4 hours -
2026 World Cup: Vinicius Jr rescues draw as Brazil come from behind
4 hours -
BoG pulls the plug on unregulated crypto forex channels
5 hours -
Six arrested as security forces crack down on defiant China Mall project
6 hours -
Qatar stun Switzerland to snatch first-ever World Cup point
7 hours -
Kidnapped Nigerian retired general dies in captivity
7 hours -
Trump says US-Iran deal to be signed on Sunday as Tehran casts doubt on timing
8 hours -
2026 World Cup: Sports Ministry demands FIFA intervention over Partey’s visa denial
8 hours -
Three killed, three injured in Yikurigu crash involving Yutong VVIP bus and Toyota Sienna
9 hours -
Child labour surges in Ada East District – Social Welfare Director
10 hours -
Let Love Lead NGO mobilises 3,000 volunteers for Nima sanitation drive to prevent flooding
10 hours