• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, January 22, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Gov’t Urged To Invest In Local Production To Sustain Local Patronage

thevaultzby thevaultz
August 20, 2020
Reading Time: 3 mins read
informal

Increase effort being channeled into local production to sustain patronage of locally produced goods or food commodities even after the coronavirus pandemic, an agricultural economist suggests to government.

The advent of the novel coronavirus caused almost all countries around the world to engage in protectionism, Ghana inclusive. This led to majority of Ghanaians patronizing locally manufactured products and buying more of ingrown food stuffs.

As a result, coupled with the implementation of a lockdown, most Ghanaians engaged in panic buying which led to a spike in prices since demand was high. Notwithstanding, the Minister for Food and Agriculture, Dr. Owusu Afriyie-Akoto, assured of abundance of food produce hence the need to relax.

RelatedPosts

Arko Nokoe Kicks Against VALCO Privatization, Urges for Reforms for Sustainable Benefits

BoG Unveils Sweeping AML Guidelines to Police Agency Banking Operations

NASPAWAP Calls for Suspension of New 5% Excise Tax on Plastics

Speaking in an interview with the Vaultz News, an agricultural economist, Dr. John B.D Jatoe indicated that for Ghana to maintain local patronage of goods, it has to look at meaningful ways of minimizing imports.

“One of the things to look at will be to maintain and probably increase the effort we’re putting into increasing or setting up local productions. Once we open back the economy, we look at ways of discouraging imports and that could be targeted, not that you’ll just get up and we’re talking about banning import of this or that.”

John Jatoe
Dr. John B.D Jatoe, Senior Lecturer at the Department of Agricultural Economics and Agribusiness

According to him, though he has no statistics, he maintains as an expert that, Ghana as a nation must find practical ways of discouraging imports so it does not affect her in the long run.

“No, we have to find some accessible ways of discouraging some of the imports so that we don’t end up going back to where we were…in terms of the discussion of how much was brought in and how much it has affected local production. Trouble is, I don’t have the statistics on what exactly is the amount or capacity of the local industry, farmer or producer to meet the local demand and is it really the case that if we were to cut down on the importation, it would not end up affecting us.”

However, Dr. Jatoe suggested an investigation of consumer preference. He said research should be conducted to find out if these are real changes or people are just being forced to because they’re thinking more about survival.

“The other part will be over time, as we operate under these covid restrictions, people patronizing the local good or the local food commodity, how do they feel? Are they yearning to go back to the foreign produce or they are comfortable? Over time, that will be one of the things that will be a good indicator of whether any attempt to discourage the import will be sustainable.”

Tags: AgribusinessAgricultural EconomyCOVID-19
Share3Tweet2ShareSendSend
Please login to join discussion
Previous Post

GREDA calls for establishment of development authority bill

Next Post

OPEC Presses Oil Nations Pumping Above Target to Cut More

Related Posts

Hon. Kofi Arko Nokoe
Uncategorized

Arko Nokoe Kicks Against VALCO Privatization, Urges for Reforms for Sustainable Benefits

January 18, 2026
BoG Unveils Sweeping AML Guidelines to Police Agency Banking Operations
Uncategorized

BoG Unveils Sweeping AML Guidelines to Police Agency Banking Operations

January 11, 2026
Water producers Sachet water factory
Uncategorized

NASPAWAP Calls for Suspension of New 5% Excise Tax on Plastics

July 8, 2024
Mr. Francesco La Camera Director-General IRENA and Mr. Alain Ebobissé,  CEO Africa50
Extractives/Energy

Africa50 Pledges $100 Million To Renewable Energy Deployment

July 4, 2024
Speaker Bagbin and Hon. Sosu
Uncategorized

 Speaker Bagbin and Hon. Sosu to Receive Prestigious Awards

June 24, 2024
Chamber for Local Governance (ChaLoG)
Uncategorized

ChaLoG Raises Alarm Over Increasing Political Interference

June 12, 2024
General News

Ablakwa Pledges Improved Protection for Ghanaian Students Abroad

by Evans Junior OwuJanuary 22, 2026
Fuel
Extractives/Energy

IES Warns of Weakened Industry Unity After Star Oil’s Exit

by Prince AgyapongJanuary 22, 2026
Mr. Kojo Fynn
Extractives/Energy

GoldBod Chair Pushes Youth Employment in Gold Refinery Deal

by Bless Banir YarayeJanuary 22, 2026
Producer Inflation Drops Sharply to 18.5% in April 2025 – GSS
Economy

Producer Price Inflation Drops 0.8% in December

by M.CJanuary 22, 2026
Anthony Morrison, Chamber of Agribusiness Ghana CEO
Agribusiness

Decentralize Agric Policies For Local Growth Now – CAG

by Silas Kafui AssemJanuary 22, 2026
Fuel Price at Pump
Extractives/Energy

CBOD Demands Probe Into Fuel Sales Below Price Floor

by Prince AgyapongJanuary 22, 2026
Fuel
Mr. Kojo Fynn
Producer Inflation Drops Sharply to 18.5% in April 2025 – GSS
Anthony Morrison, Chamber of Agribusiness Ghana CEO
Fuel Price at Pump

Recent News

Ablakwa with Ghana Europe Student Leaders 1

Ablakwa Pledges Improved Protection for Ghanaian Students Abroad

January 22, 2026
Fuel

IES Warns of Weakened Industry Unity After Star Oil’s Exit

January 22, 2026
Mr. Kojo Fynn

GoldBod Chair Pushes Youth Employment in Gold Refinery Deal

January 22, 2026
Producer Inflation Drops Sharply to 18.5% in April 2025 – GSS

Producer Price Inflation Drops 0.8% in December

January 22, 2026
Anthony Morrison, Chamber of Agribusiness Ghana CEO

Decentralize Agric Policies For Local Growth Now – CAG

January 22, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address