2025 Budget: Government urged to prioritise funding for large scale farming

Agriculture stakeholders are urging the government to invest in the sector to boost production and make Ghana self-sufficient.

Ahead of the 2025 budget presentation by Finance Minister Dr. Ato Forson, Maxwell Commey, CEO of Oro Oil Ghana Limited, emphasized the need for large-scale farming, improved land tenure systems, and better funding access for farmers.

He highlighted challenges such as declining cocoa production, lack of insurance for farms, and difficulties in obtaining loans due to collateral demands. Commey proposed a Land Bank initiative where the government would secure lands for farmers.

He also encouraged the youth to engage in agribusiness, stressing that agriculture is not just for the aged but offers vast opportunities. Stakeholders hope the budget will address these issues with long-term agricultural policies.