• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • 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

PFAG Commends Government’s Tax Exemptions On Agro-Inputs

M.Cby M.C
November 16, 2023
Reading Time: 4 mins read
M.Cby M.C
in Agribusiness, General News
0
PFAG Commends Government’s Tax Exemptions On Agro-Inputs

File photo.

Head of programmes and advocacy at the Peasant Farmers Association of Ghana (PFAG), Charles Nyaaba, has welcomed the decision by government to grant tax exemption on agro-inputs and some agricultural related activities.

According to him, tax exemptions on the importation of agricultural machinery equipment and inputs and medical consumables, raw materials for the pharmaceutical industry introduced by government in the 2024 budget has been of concern to farmers.

He revealed that it is an issue that the association keeps engaging both the ministry of food and agriculture and ministry of finance on to find permanent solutions to.

RelatedPosts

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

Competent AGs Prosecute in Court, Minority Chides AG

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

“So, for us, government bringing that waiver back is something that we are very happy about because we’ve already engaged them and made them to understand that it wasn’t a good decision that was taken, and it was leading to food production and supply. On that score, I would want to commend the ministry for doing that.”

Charles Nyaaba

Mr Nyaaba recounted that last year most poultry farmers had to close down their operations because they could not procure raw material.

He noted that it was around this time that the former agric minister, Afriyie Akoto, created the Planting for Food and Jobs market at the headquarters of the ministry to beat down food prices, when in reality there was nothing to show.

Additionally, he explained that the reason for the minister’s postures was due to cost of production and the food price inflation that was experienced in the middle of the year.

ADVERTISEMENT
Director of Programmes for Peasant Farmers Association, Charles Nyaaba, has expressed his disappointment in Ghana’s ranking on the 2021 Global Food Security Index which saw Ghana ranking 82nd out of 113 countries.
Head of programmes of PFAG, Dr Charles Nyaaba.

“… Last year was just cost food inflation, and all was attributed to government taking that waiver we used to benefit from import duties when you’re bringing in your agro-inputs. So, last year for instance, those who were bringing in tractors, the price more than doubled, fertilizer prices doubled seed price and medication doubled. So, the cost of production actually doubled and that affected the efficient application of those inputs in farming, leading to low supply.”

Charles Nyaaba

Allocation of funds to support flood victims

Commenting on the GHC220 million allocated to support flood victims of the Akosombo dam spillage, Mr Nyaaba expressed relief over the move by government to support affected communities.

He highlighted that the association along with other stakeholders have been calling for such intervention.

“The second one that I’m actually waiting to see is the GHC220 million to the flood victims of Akosombo spillage, we’ve been calling for that. I’m only concerned of how the resources will be distributed among the flood victims because in the past we had experience of similar interventions which ended up actually not benefiting the victims.

“I’m a bit concerned because if you say you allocate resources, how much? So, if you just make a statement that you’re working with the ministry of food and agriculture to allocate resources to restore flood victims, we think that it is too vague, and we expect to see the specifics.”

Charles Nyaaba

Touching on the second phase of the Planting for Food and Jobs captured in the budget, Mr Nyaaba emphasized the need for government to come clean on the allocation made to that effect.

He expressed that although government is going to facilitate credit for aggregators to be able to procure seeds and fertilizers for farmers, specificity in terms of amount of money set aside wasn’t stated.

“A lot of engagement has gone into that, but we are yet to see the actual implementation and how government’s investment is going into that. If you look at the whole arrangement, it looks like government is only going to play a facilitation role and that is also something we are concerned about.”

Charles Nyaaba

READ ALSO: Odododiodio MP Laments Attrition In Parliament

Tags: Akosombo dam spillageGhana NewsParliamentPeasant Farmers Association of GhanaPFJ2tax waiver
Please login to join discussion
Previous Post

Israeli Opposition Leader Calls For Netanyahu’s Resignation

Next Post

President Akufo-Addo Urges NPP Delegates In Bantama To Retain Asenso Boakye

Subscription Form

Related Posts

Ing. Kwabena Agyei Agyepong 2 edited
General News

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

October 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry
General News

Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry

October 23, 2025
ORAL Prosecutions: Allow AG To Hasten Slowly – Yendi MP
General News

AG to Charge Fmr Buffer Stock CEO and Wife with Multiple Criminal Charges

October 23, 2025
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS
Economy

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

by Michael Teye-Bio NaduteyOctober 23, 2025
General News

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

by Silas Kafui AssemOctober 23, 2025
Board of Directors Visits Bui Generation Station
Extractives/Energy

Board of Directors Visits Bui Generation Station

by Bless Banir YarayeOctober 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
USA

US Hits Russia’s Oil Giants With Sanctions

by Comfort AmpomaaOctober 23, 2025
ECG to Pay Over GHS400 Million to Sector Player
Extractives/Energy

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

by Prince AgyapongOctober 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

by Emmanuel Tibila BoasahOctober 23, 2025
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS
Board of Directors Visits Bui Generation Station
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
ECG to Pay Over GHS400 Million to Sector Player
Competent AGs Prosecute in Court, Minority Chides AG

Recent News

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

October 23, 2025
Ing. Kwabena Agyei Agyepong 2 edited

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

October 23, 2025
Board of Directors Visits Bui Generation Station

Board of Directors Visits Bui Generation Station

October 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry

US Hits Russia’s Oil Giants With Sanctions

October 23, 2025
ECG to Pay Over GHS400 Million to Sector Player

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

October 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
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