Agribusiness

Alan Kyerematen on why Ghana should think beyond cocoa

1 Mins read

The Minister of Trade and Industry, Mr John Alan Kwadwo Kyerematen thinks that it is an indictment on the part of Ghana not to think beyond cocoa.

According to him, the time has come for the country not to overly depend on cocoa for its revenue generation and the development of the economy.

He notes that many of developed nations achieved their development status through industrialisation, hence the need for the country to embrace industrialisation.

Mr Kyerematen was speaking at a panel session at the opening ceremony of the Results Fair organised by the Ministry of Monitoring and Evaluation in Accra on Tuesday, [January 14, 2020.]

The 3-day Result Fair, being organised under the theme: “Delivery results for citizens work in progress” is under the auspices of the Ministry of Monitoring and Evaluation.

The move is to enable Ministries, Departments and Agencies of the government to interact with citizens, civil society and the media to explain the progress of implementation and achievements of government’s flagship programmes and other strategic interventions.

Mr Kyeremanten said it was only through industrialisation that Ghana’s economy could be transformed, pointing out that it was based on this premise that the Akufo-Addo-led New Patriotic Party (NPP) has embarked on massive industrialisation programmes, including the One District One Factory (1D1F) initiative.

He explained that the 1D1F initiative by far is Ghana’s most industrialisation focused programme before and after independence.

He said the government was providing the various supportive mechanisms to the project under the 1D1F, pointing out that the 1D1F initiative does not mean that the government was going to establish new State-Owned Enterprises (SOEs).

See also  Time for Africa to treat agriculture as a business

Mr Kyeremanten said the 1D1F initiative was a programme meant to be led by the private sector, stressing that the country would soon become an industrialised one.

He was of the view that for Ghana to become an industrialised one, there is the need to shift from over-dependence on foreign products to enhancing the capacities of local industries to produce more.

Related posts
AgribusinessagricultureMatters Arising

Bawumia: The Future of Agriculture Goes Beyond Simple Farming Tools

1 Mins read
Bawumia: The Future of Agriculture Goes Beyond Simple Farming Tools The approach to farming is gradually changing to include high-powered technology, Vice President Dr Mahamudu…
AgribusinessagricultureMatters Arising

Controversy Arises: Nana Asaase Challenges Tour Guide's Claim of Tetteh Quarshie Smuggling Cocoa to Ghana

1 Mins read
Poet and spoken word artist Philip Boakye Dua Oyinka, known in the creative industry as Nana Asaase, is concerned about the kind…
AgribusinessagricultureHeadline

Cash Shortage Exacerbates Struggles for Ghana's Cocoa Farmers

1 Mins read
Ghana’s cocoa farmers are complaining that they’re broke as the cocoa board – to which they are obliged by law to sell…

Leave a Reply

Your email address will not be published. Required fields are marked *