• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, May 10, 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

PFJ 2.0 to Be An Economic Pillar for the Youth- Agric Minister

October 18, 2023
Stephen M.Cby Stephen M.C
in Agribusiness
0
PFJ 2.0 to Be An Economic Pillar for the Youth- Agric Minister

Dr. Bryan Acheampong, the Ministry of Food and Agriculture

Dr. Bryan Acheampong, the Minister of Food and Agriculture has stated that the second phase of the government’s Planting for Food and Job (FJP) will become the economic pillar of the youths.

The minister noted that the agriculture ministry, in collaboration with the Youth Employment Agency (YEA), is on a mission to empower and support the youth in their pursuit of a career in commercial farming.

Speaking at the occasion of the Youth in Agriculture Conference held at the University of Ghana on Wednesday 18th October 2023, the Minister for Food and Agriculture, Dr Bryan Acheampong indicated that, within the development agenda of Ghana, agriculture is identified as one of the economic pillars. It is obvious that the nexus between agriculture development of Ghana’s abilities to achieve its food security goals are inextricably linked.

RelatedPosts

Benso Oil Palm to Pay GHS0.09 Dividend on July 10, 2025, Pending Shareholder Nod

Ghana’s Cocoa Sector in Crisis Over $263M Loan Outcome

Northern Ghana Gets Horticulture Boost as Agrihouse Launches Ambitious Agribusiness Project

The Youth in Agriculture Programme, will be led by the Ministry for Food and Agriculture (MoFA) in collaboration with the Youth Employment Agency (YEA) as part of the Planting for Food and Jobs Phase II Initiative (PFJ 2.0), which aims to empower and support young individuals to engage in commercial crop farming. This initiative addresses the challenges young farmers face in securing land and resources for farming.

Promoting Commercial Farming

This legacy initiative focuses on promoting commercial farming, igniting passion among youth, and creating sustainable employment opportunities. MoFA and YEA intend to initiate the project in Wenchi, located in the Bono region of Ghana, with plans for rapid expansion across the country.

The project is expected to make significant contributions to food and nutrition security, inflation reduction, GDP growth, and the creation of sustainable employment opportunities for youth in agriculture.

Under this program, beneficiary youth farmers will receive training on modern farm management practices, 10 acres each of land already developed for farming under the guidance of experienced aggregators assigned by the project.

The beneficiaries will also receive input credit such as seeds, fertilizers, agrochemicals, etc., and services such as extension, and mechanization support (ploughing, harrowing, planting, spraying, etc.). A monthly stipend covering the first production cycle of the respective agricultural value chain will also be provided to ensure their success.

In terms of marketing, Dr. Bryan said, harvested produce will be sold to off-takers, and profits shared between the project and beneficiaries, ensuring sustainability and further boosting the income of beneficiaries.

Additionally, the project intends to construct low-cost affordable single-room farm housing facilities, storage houses, adequate water, and other support infrastructure within the enclaves to support production.

According to Dr. Bryan, the project is targeting to reach out to 200,000 youth farmers as beneficiaries to collectively cultivate and manage over one million acres during the 5-year program duration. Each beneficiary will be engaged for 6 months, during which they will receive training and support.

It is expected that, by the end of this period, they should have accumulated enough capital and adequate experience to independently manage their fields and cover associated costs for the next production cycle. Successful beneficiaries who meet assigned targets will be encouraged to continue, while the work of those who did not do well will be assessed for support to be able to meet the targets.

The Minister also indicated that a comparative analysis of crop budgets suggests that beneficiaries, under the project, will realize over 400% profit margin compared with conventional farmers cultivating the same acreage elsewhere. This is certainly a game-changer for farming in Ghana.

READ ALSO: Reliance on T-bills Unsustainable Despite IMF Assurances- Economist

Tags: Dr. Bryan AcheampongMoFAPFJ 2.0 to Be An Economic Pillar for the YouthYouth Employment Agency (YEA)
Please login to join discussion
Previous Post

Reliance on T-bills Unsustainable Despite IMF Assurances- Economist

Next Post

Mahama Requests Relief Assistance From Multilateral Partners For Flood Victims

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress
Economy

S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress

May 10, 2025
Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana
Economy

Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana

May 10, 2025
AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour
Vaultz Business

AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour

May 9, 2025
Electrical Energy
Extractives/Energy

Powering Ghana’s Future with Sustainable Electricity 

May 9, 2025
Ukrainian flag
Europe

Ukraine Alleges Hungarian Espionage

May 9, 2025
Starmer’s Anti-Newt Drive May Breach EU Deal
UK

Starmer’s Anti-Wildlife Drive May Breach EU Deal

May 9, 2025
slide 2 of 6
Starmer’s Anti-Newt Drive May Breach EU Deal
UK

Starmer’s Anti-Wildlife Drive May Breach EU Deal

by Lawrence AnkutseMay 9, 2025
S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress
Economy

S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress

by Stephen M.CMay 10, 2025
Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana
Economy

Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana

by Stephen M.CMay 10, 2025
AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour
Vaultz Business

AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour

by Stephen M.CMay 9, 2025
Electrical Energy
Extractives/Energy

Powering Ghana’s Future with Sustainable Electricity 

by Prince AgyapongMay 9, 2025
Ukrainian flag
Europe

Ukraine Alleges Hungarian Espionage

by Comfort AmpomaaMay 9, 2025
Starmer’s Anti-Newt Drive May Breach EU Deal
UK

Starmer’s Anti-Wildlife Drive May Breach EU Deal

by Lawrence AnkutseMay 9, 2025
S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress
Economy

S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress

by Stephen M.CMay 10, 2025
slide 1 to 6 of 6
S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress
Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana
AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour
Electrical Energy
Ukrainian flag
Starmer’s Anti-Newt Drive May Breach EU Deal
[/vc_row_inner]

Recent News

  • S&P Upgrades Ghana’s Credit Rating to ‘CCC+’ Amid Debt Restructuring Progress
  • Dalex Finance CEO Attributes Cedi Strength to ‘Stars Aligning’ for Ghana
  • AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour
  • Powering Ghana’s Future with Sustainable Electricity 
  • Ukraine Alleges Hungarian Espionage
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.