Audio By Carbonatix
President Akufo-Addo has announced that as part of the 'Ghana Cares Obaatanpa' programme, government is creating an agricultural land information bank that will enable landowners make lands they intend to lease, available to investors.
He said this is to address challenges associated with land searches for farming and other investment purposes, as well as reduce related costs.
He made this known at the 2021 National Farmers' Day celebration which was marked on December 3, 2021, in Cape Coast. This year's celebration is under the theme, “Planting for food and jobs – Consolidating food systems in Ghana.”
"Government is aware that investors continue to face challenges with respect to accessing agricultural land due to the unfortunate multiple land tenure arrangements and the absence of satisfactory documentation on land titles.
"As part of the Ghana Cares Obaatanpa programme, the government is creating an agricultural land information bank which will enable landowners to put forward lands they intend to lease to investors," he said.
President Akufo-Addo announced that a framework for subsidy on loans granted to agribusinesses is in the offing.
"A framework is being developed to provide a 50% interest rate subsidy for loans advanced to qualified agribusiness by financial institutions. This will be extended to qualified farmers to expand poultry production operations for hatchery and processing plants."
The target, according to the President, is to support the farmers with affordable financing to produce 5million broiler birds equivalent to 10,000 metric tonnes of meat by the end of this month of December.
Latest Stories
-
GoldBod summons 6 gold service providers over compliance exercise
17 minutes -
Power disruption expected in parts of Accra West as ECG conducts maintenance
20 minutes -
Police investigate alleged arson attack at Alpha Hour Church
50 minutes -
Heavy Sunday downpour wrecks Denyaseman SHS, schools, communities in Bekwai Municipality
52 minutes -
Ridge Hospital is in critical condition – GMTF Boss appeals to corporate Ghana
1 hour -
Introduce long term measures to tackle challenges in cocoa sector – IERPP to government
1 hour -
Agricultural Economist proposes blended financing model to support cocoa sector
2 hours -
NPP MP warns against reducing producer price as government rolls out cocoa reforms
2 hours -
Tano North MP urges halt to grain exports over food glut
2 hours -
Farmers hopeful as government moves to expedite cocoa payments
3 hours -
Tensions at Agbogbloshie market women oppose AMA drain cleaning exercise, items confiscated
3 hours -
Lyse Doucet: In Tehran, rallies for Iran’s revolution overshadowed by discontent and defiance
3 hours -
Education Minister orders full audit of free sanitary pads in schools over quality concerns
3 hours -
IGP promotes 12,000 police officers, clears all backlog
3 hours -
Buduburam firefighters prevent gas explosion at Big Apple
3 hours
