President of the Cashew Farmer’s Association, Nana Boaponsem, has stated that the cashew crop generates 40 percent of total revenue from the agric sector.
Speaking to Kwame Tutu, host of the Frontline on Rainbow Radio 87.5 fm today [Wednesday], he stated that, the cashew crop needs a lot of resources in order for it to be processed into a finished product.
Therefore, it has become a crop only for the rich and has become a lucrative venture.
However, he was very glad that the Nana Addo’s government, has rolled out a 10 year cashew development project, adding that it shows the commitment of the president towards cashew farming and job creation.
Nana Boaponsem further indicated that, the cashew crop has numerous economic benefits which could help build the Ghanaian economy.
Meanwhile, he revealed that even before Nana’s 10 year cashew development plan, the former president Kufour’s administration had introduced the cashew development project which saw the fumigation of about 10,000 acres of cashew farms by the Export Promotion Authority.
He emphasized that, the cashew business is very lucrative and when properly managed, it would create employment for a lot of Ghanaians, noting that a clear example of a cashew success story was himself.
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 20th February, 2018, launched the 10-year Cahsew Development Plan, in Wenchi, in the Brong Ahafo Region, a plan aimed at diversifying Ghanaian agriculture.
Recounting a commitment he made on 19th March, 2016, at Suma Ahenkro, in the Jaman North constituency, President Akufo-Addo bemoaned the over-reliance of Ghanaian agriculture on the production and export of cocoa, in contrast with the situation in neigbouring Cote d’Ivoire.
He noted that Cote d’Ivoire has succeeded in diversifying its agriculture, which included the production and export of other cash crops, and, as a result, earned that country some $12 billion from the export of agricultural produce in 2015.
“To that end, I reiterated my commitment to assist in diversifying Ghanaian agriculture, and transforming, amongst others, cashew into a major cash crop and foreign exchange earner for Ghana. This morning’s event, ladies and gentlemen, is the beginning of the realisation of this vision,” the President said.
By: Adnan Osman (Intern, Rainbow Radio)