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Business News of Thursday, 8 November 2012

Source: GNA

Government invests GH¢6,527,637 in Agric subsidies for Sissala West District

Government has invested a total amount of GH¢6,527,637.00 on fertilizer and seed subsidy in the Sissala West District of the Upper West Region as part of efforts to boost agricultural productivity in the district.

Mr. Moses Dramani Luri, the Sissala West District Chief Executive (DCE) announced this at Gwollu during this year’s farmers’ Day celebration in the District.

He said a total of GH¢5,440,000.00 was used to subsidize 136,000 bags of NPK fertilizer while GH¢308,788.00 went into subsidizing a total of 9,082 bags of Urea fertilizer.

In addition, a total amount of GH¢403,848.00 was also used to subsidize a total of 22,436 bags of Sulphate of Ammonia.

This brings the total number of subsidized bags of fertilizer to 6,152,636 with total amount of subsidy standing at GH¢167,518.00.

Mr. Luri said the Savannah Accelerated Development Authority (SADA) also spent an amount of GH¢105,080.00 in subsidizing a total of 2,840 bags of fertilizer for farmers in the district bringing total subsidy on fertilizer alone in the district to GH¢6,257,716.00.

The DCE also disclosed that a total amount of GH¢269,921.00 was also used to subsidize new improved seeds for farmers in the district.

Mr. Luri said government was prepared to invest more in agric to make seeds and inputs affordable and accessible for farmers to enhance productivity and boost food security in order to eradicate poverty among the people.

Mr. Abass Ali from Buli was adjudged the Sissala West District Best Farmer. He took away a motor bike, two cutlasses, a pair of Wellington boots and a radio cassette recorder.

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