Local news

Parliament unaware of plans to lease Komenda Sugar Factory – Yussif Sulemana

The Ranking Member on the Trade and Industry Committee of Parliament and Member of Parliament for Bole Bamboi, Yusif Sulemana, has raised concerns over the government’s alleged intention to lease the Komenda Sugar Factory to an Indian-based firm, West Africa Agro Limited, for 15 to 20 years.

The factory is currently undergoing a test run in preparation for full production.

During a recent tour, the Minister of Trade and Industry, Kobina Tahiru Hammond announced that the government is prepared to lease the factory to West Africa Agro Limited for up to 20 years, with renewal options.

The government claimed the move aims to revive the company’s operations to meet domestic demand.

The Komenda Sugar Development Company Limited, established in 1964, has faced operational challenges, including a halt in production.

Despite investments from the Indian Export-Import Bank and the previous NDC government, the factory has yet to achieve its objectives.

Speaking in an interview on Citi FM, Mr Sulemana asserted that Parliament has not been informed of this decision and demanded that the Trade Minister, K.T. Hammond, be summoned to answer questions.

However, since Parliament is in recess, Mr. Sulemana disclosed that he intended to release a statement to question the Trade Minister on the lease.

He emphasised that the Komenda Sugar Factory’s objectives have not been met under the current government, and Parliament must be informed of any decisions regarding its operations.

Share
MasemTV Newsroom

Recent Posts

U.S. Embassy in Accra to roll out FIFA Pass for 2026 World Cup visa applicants

The United States Embassy in Accra has announced plans to introduce a new arrangement aimed… Read More

5 hours ago

IEA poll shows most Ghanaians confident Ghana is on the right path

A new nationwide survey by the Institute of Economic Affairs (IEA) indicates that most Ghanaians… Read More

5 hours ago

Star Oil withdraws from COMAC over disagreement on fuel price floor

Star Oil Limited has announced the immediate suspension of its membership in the Chamber of… Read More

6 hours ago

NAIMOS hits galamsey communities in Tano North district of the Ahafo Region

NAIMOS has intensified its fight against illegal mining at some parts of the Ahafo Region,… Read More

2 days ago

Ken Ofori-Atta Expected in U.S. Court Today Over Immigration Matter

Former Finance Minister Ken Ofori-Atta is scheduled to appear before a court in the United… Read More

2 days ago

Avoid Hasty Removal of Fuel Price Floor – Lamtiig Apanga Warns Government

The Deputy Chief Executive Officer of the Gaming Commission of Ghana, Lamtiig Apanga, has advised… Read More

2 days ago