The National Food Buffer Stock Company (NAFCo) has started paying part of debt owed members of the National Food Suppliers Association.
However, the food suppliers have expressed disappointment saying the amount paid is insufficient and is not enough to settle the debts they owe to their creditors.
The Minister of Agriculture had promised to settle the debt on July 17, but this promise was not fulfilled.
Another assurance was given for the debt to be settled on Thursday, July 20, but the food suppliers who submitted their documents for payment claim that the money provided to them is inadequate, as only half of the 2022 debt was paid.
The Minister of Food and Agriculture also reassured the food suppliers that 50% of the outstanding payments owed them would be disbursed by the end of Wednesday, July 19, 2023.
According to the Minister, a sum of ¢100 million, representing 50% of the total debt of ¢203 million, was already transferred to the accounts of the food suppliers on Monday, July 17, 2023. The remaining amount is expected to be credited to their accounts later.
NAIMOS has intensified its fight against illegal mining at some parts of the Ahafo Region,… Read More
Former Finance Minister Ken Ofori-Atta is scheduled to appear before a court in the United… Read More
The Deputy Chief Executive Officer of the Gaming Commission of Ghana, Lamtiig Apanga, has advised… Read More
Renowned Ghanaian gospel music pioneer and founder of the Asomafo gospel ensemble, Yaw Sarpong, has… Read More
Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More