Agribusiness stakeholders are urging the government to reform existing trade and tax policies to better support local production and competitiveness. They argue that high import tariffs on inputs, coupled with limited tax incentives, are hampering growth in the sector. By rethinking these policies, the government can empower local farmers and agro-processors, reduce reliance on imports, and boost food security. Industry leaders emphasize that a more supportive policy environment is critical to unlocking the full potential of Ghana’s agribusiness sector.
At the 2025 AgriFair hosted by Channel One TV and Citi FM in Accra, industry leaders pointed to open borders, high input costs, and lack of affordable financing as major hurdles to agribusiness competitiveness.
Mr. Denis Clottey, Deputy General Manager of Federated Food Processing Limited, said the influx of imported rice continues to stifle local investment in agriculture. “If we continue to keep our borders open to imported rice, the local industry will never grow,” he warned.
He called for the implementation of a national indigenisation policy to reduce rice imports and encourage consumption of Ghana-grown staples.
Also raising concern was Mr. Elvis Amano, a Feed Nutritionist with the Greater Accra Poultry Farmers Association.
He said poultry producers often rely on overdrafts due to a lack of accessible loans.
“Government support in the form of low-interest credit facilities would allow us to purchase raw materials in bulk and lower our production costs,” he explained.
Mr. Amano urged the government to reduce import taxes on raw materials used in feed production, saying the levies drive up prices even when goods are sourced locally.
Both stakeholders emphasized the need for policies that protect local producers, reduce input costs, and create a fairer market environment to achieve true food security.
The AgriFair served as a platform to amplify these voices and press for urgent reforms as Ghana seeks to boost self-sufficiency and rural job creation through agriculture.
Last Updated on June 24, 2025 by Senel Media
