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Friday, 6 November 2026
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Friday, 6 November 2026
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Ghanaian press · Organization

National Food Buffer Stock Company

Also known as: NAFCO

Ghana's state food security agency that maintains grain reserves, reported GH¢91.7m profit in 2025 after prior debt.

2026-05-042026-11-06

News reports

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In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Joy Online

    … His comments follow the arrest of former National Food Buffer Stock Company (NAFCO) Chief Executive Officer, Hanan Abdul-Wahab Aludiba, at the Accra International Airport on Saturday night while he was preparing to travel to the United Kingdom. …

    Hannan arrest: It is legally possible to attempt withdrawal from frozen bank account — Martin Kpebu
  3. Joy Online

    Former Attorney-General and lawyer for former National Food Buffer Stock Company (NAFCO) Chief Executive Officer Hanan Abdul-Wahab, Godfred Yeboah Dame, has questioned the circumstances surrounding his client’s arrest and detention. …

    Godfred Dame questions legality of former NAFCO CEO’s arrest, says access to client was denied
  4. Joy Online

    The former Chief Executive Officer of the National Food Buffer Stock Company (NAFCO), Hanan Abdul-Wahab Aludiba, has been arrested at the Accra International Airport in a fresh development in the criminal case in which he is standing trial over alleged financial offences. …

    Former NAFCO CEO arrested at airport over alleged attempt to empty frozen bank account ahead of UK trip
  5. The Ghanaian Times

    … Maxwell Darko Asante, Director of CSIR‑CRI, urged the National Food Buffer Stock Company to purchase Dawhenya’s seeds to secure progress. …

    Weeds ravage Ghana’s rice harvest :Farmers losing up to 84%
  6. June 2026
  7. Joy Online

    … The ministry further explained that, except transfers to the National Food Buffer Stock Company, all requests for funds were initiated by MoFA through the Ghana Integrated Financial Management Information System (GIFMIS) and processed using standard public financial management pr …

    Agric Minister denies rift with Finance Ministry over GH¢1.6 billion release
  8. Joy Online

    The CEO of the National Food Buffer Stock Company (NAFCO), George Abradu-Otoo, says government’s decision to commit ¢300 million towards building a national grain reserve marks the beginning of a new era for food security in Ghana. …

    Government’s ¢300m Grain Fund signals new era for food security – NAFCO boss
  9. Joy Online

    Ghana needs at least ¢1.5 billion to build a meaningful national food reserve system, far above the ¢300 million currently available to the National Food Buffer Stock Company, its CEO, George Abradu-Otoo, has said. …

    ¢300m won’t cut it – Buffer Stock CEO says Ghana needs ¢1.5bn to secure food reserves
  10. Joy Online

    … That revelation came from the CEO of the National Food Buffer Stock Company, George Abradu-Otoo, who described government’s recent efforts to build food reserves as a major policy shift despite severe funding constraints. …

    NAFCO CEO says Ghana trailed Mali, others in building food reserves
  11. The Chronicle

    The State Interests and Governance Authority (SIGA) commends the National Food Buffer Stock Company (NAFCO) for one of the most remarkable financial recoveries ever recorded by a State-Owned Enterprise in Ghana. …

    SIGA Commends National Food Buffer Stock Company on Exceptional 2025 Performance
  12. Business & Financial Times

    … Some reported that buyers from the National Food Buffer Stock Company (NAFCO) offered to buy their produce, but the prices were unattractive and the quantities they wanted were insignificant relative to the quantum of the glut. …

    Rice farmers abandon farms over 700,000-tonne unsold rice
Agriculture & Land

Ghana invests US$4.8m in grain storage to reduce harvest losses

The News

Ghana is acquiring a 21,000 metric-tonne-capacity grain storage facility under a US$4.8 million investment to reduce post-harvest losses and strengthen food security. The facility will ease pressure on existing warehouses as increased rice and maize production exposes the country's inadequate storage capacity.

18 hours ago · The Ghanaian Times →

Yesterday

  1. Ghana invests US$4.8m in grain storage to reduce harvest losses

    Ghana is acquiring a 21,000 metric-tonne-capacity grain storage facility under a US$4.8 million investment to reduce post-harvest losses and strengthen food security. The facility will ease pressure on existing warehouses as increased rice and maize production exposes the country's inadequate storage capacity.

    18 hours ago · The Ghanaian Times →

  2. Ghana to build 21,000-tonne grain storage facility in Wa

    The Ministry of Food and Agriculture has signed an MoU with DMT Collateral Management to construct a 21,000-metric-tonne grain storage facility in the Upper West Region by August 2027, featuring silos to reduce post-harvest losses and strengthen food security.

    19 hours ago · Joy Online →

Friday 16 October

  1. Government plans increased SHS feeding allowance in 2027 Budget

    Education Minister Haruna Iddrisu announced plans to increase the GHS15 per-student feeding allocation under the Free SHS programme in the 2027 Budget, with President Mahama directing the inclusion of chicken and eggs in school menus. The government also committed to settling GHS161 million in outstanding arrears owed to senior high schools for food and other expenses from 2021 to 2025.

    16 October 2026 · Joy Online →

Tuesday 13 October

  1. Abu Jinapor calls passport claims diversionary tactic

    The Ranking Member on Parliament's Foreign Affairs Committee has dismissed allegations that an NPP MP lobbied the Foreign Affairs Minister over a passport for the NPP Second Vice-Chairman, calling the claims a distraction from Minority concerns over South Africa evacuation expenditure.

    13 October 2026 · Joy Online →

  2. Demands for clarity on GH¢49.7m South Africa evacuation costs

    An NPP adviser has called for transparent accounting of Ghana's GH¢49.7 million South Africa evacuation, citing public concerns about payment records, alleged ghost names, and flight discrepancies, and warning against deflecting the debate to unrelated passport disputes.

    13 October 2026 · Joy Online →

  3. Majority accuses Deputy Ranking Member of vendetta against Foreign Affairs Minister

    The Majority on Parliament's Foreign Affairs and Regional Integration Committee alleges that Deputy Ranking Member Nana Asafo-Adjaye is pursuing character assassination against Foreign Affairs Minister Samuel Okudzeto Ablakwa over the minister's refusal to grant a service passport to National Second Vice Chairman of the NPP, Nana Boakye, who did not qualify for one.

    13 October 2026 · Joy Online →

Monday 5 October

  1. NAFCO CEO urges Africa to invest in agricultural technology

    George Abradu-Otoo, CEO of Ghana's National Food Buffer Stock Company, called for increased investment in technology—including artificial intelligence, drones, and climate sensors—to strengthen food security across Africa. He made the call at BIOPROM 2026, a biotechnology forum in Russia, and commended Ghana's government for initiatives like the Agriculture for Economic Transformation programme.

    5 October 2026 · Joy Online →

Friday 2 October

  1. OccupyGhana warns EOCO, BNI against using investigations as punishment

    OccupyGhana has challenged the Economic and Organised Crime Office, Bureau of National Intelligence, and other investigative bodies to stop turning investigations into punishment, citing prolonged restrictions on liberty and property without criminal charges as raising serious concerns in a constitutional democracy. The group said the fight against corruption must be pursued strictly within the law and cited a High Court ruling unfreezing a company's accounts after finding EOCO had acted outside its statutory mandate.

    2 October 2026 · The Chronicle →

Thursday 1 October

  1. Court defers NAFCO trial pending decision on seized phones

    A High Court in Accra has deferred the trial of former NAFCO CEO Hanan Abdul-Wahab Aludiba and his wife Faiza Seidu Wuni, who face charges including fraud and stealing totalling GH¢62.6 million, to await its decision on an application for the release of mobile phones and personal effects seized from the accused.

    1 October 2026 · Daily Guide →

  2. OccupyGhana urges EOCO, BNI to respect due process in investigations

    Pressure group OccupyGhana has called on Ghana's economic-crime investigative agencies to respect due process, citing concerns about account freezes, travel restrictions, and bail conditions that may exceed their legal mandate. The group referenced cases including a High Court ruling against EOCO's account freeze of Sesi-Edem Company Limited and the PDS Ghana Ltd investigation, where approximately 66 accounts have been frozen.

    1 October 2026 · Joy Online →

  3. NAFCO records GH¢96m profit after turnaround from GH¢20m debt

    The Parliamentary Committee on Food, Agriculture and Cocoa Affairs commended the National Food Buffer Stock Company for moving from a debt position of about GH¢20 million to recording more than GH¢96 million in profit in 2025, demonstrating improved financial management and strengthened capacity to deliver on its food security mandate.

    1 October 2026 · Joy Online →

  4. Parliament agriculture chair calls for national farm development fund

    The Chairman of Parliament's Food, Agriculture and Cocoa Affairs Committee has called for a National Agriculture Development Fund to provide sustainable financing for critical interventions across the agricultural value chain and address structural challenges in the sector. He suggested such a fund could accelerate investment in production, storage, processing and other areas needed to transform Ghana's agricultural sector.

    1 October 2026 · Joy Online →

Wednesday 30 September

  1. Ghana food storage capacity below 50,000 metric tonnes, says NAFCO

    The Deputy Chief Executive Officer of Ghana's National Food Buffer Stock Company has called for urgent investment in the country's food storage infrastructure, warning that current storage capacity falls below 50,000 metric tonnes and is inadequate to ensure food security during global supply disruptions. He noted that Ghana consumes over six million metric tonnes of maize and rice annually and should maintain reserves sufficient to feed the population for at least 90 days, as international food imports typically take eight to twelve weeks.

    30 September 2026 · Joy Online →

  2. NAFCO records record profit but seeks stronger liquidity buffer

    The National Food Buffer Stock Company recorded a profit before tax of GH¢91.7 million in 2025, reversing a 2024 loss, but its CEO says the company's acid-test ratio of 1.18 remains marginal and is targeting above 1.5 to strengthen its ability to meet short-term obligations.

    30 September 2026 · Joy Online →

Monday 28 September

  1. NAFCO builds GH¢100m food buffer to strengthen food security

    Ghana's National Food Buffer Stock Company has revamped its National Food Reserve Programme with GH¢100 million in government funding to respond to food crises and price pressures. By December 2025, NAFCO had stocked 36,597 bags of maize, 21,287 bags of rice and 5,982 bags of gari across six warehouses, and is rehabilitating storage facilities nationwide.

    28 September 2026 · Joy Online →

Saturday 26 September

  1. Government directs release of 50,000 bags of grain to ECOWAS

    Ghana's government has directed the National Food Buffer Stock Company to release 50,000 bags of grain to settle an outstanding obligation to ECOWAS stemming from a 2018 grain borrowing arrangement. The move follows improved domestic agricultural production under the Feed Ghana Programme, with 2025 maize production reaching 4.6 million tonnes against a national demand of 3.6 million tonnes.

    26 September 2026 · Joy Online →

Friday 25 September

  1. NAFCO posts record GH¢91.7m profit in 2025

    The National Food Buffer Stock Company recorded its highest profit in 16 years with a Net Profit Before Tax of GH¢91.7 million for 2025, a dramatic turnaround from a GH¢19.4 million loss the previous year. CEO George Abradu-Otoo attributed the improvement to structural reforms, stronger corporate governance, and improved regional operations, with the company also paying GH¢20.3 million in taxes in 2025, its highest annual tax contribution.

    25 September 2026 · Joy Online →

Saturday 12 September

  1. Mahama pledges maize plant in Sissala, increased buffer stock funding

    President Mahama announced plans to establish a maize processing plant in the Sissala area of the Upper West Region to address recurring gluts and create a market for farmers' harvest, while also increasing funding to the National Food Buffer Stock Company and constructing silos to expand storage capacity.

    12 September 2026 · Joy Online →

Thursday 10 September

  1. NETRIGHT urges gov't to prioritise rural women's businesses in new bank

    The Network for Women's Rights in Ghana (NETRIGHT) has called on government to ensure the Women's Development Bank serves rural businesses owned by women, youth and the marginalised, and to accelerate its operationalisation. The bank has been allocated GH¢51.3 million in 2025 and GH¢401 million in 2026, but has not yet begun operations, prompting concerns about delays in accessing services.

    10 September 2026 · Joy Online →

Tuesday 8 September

  1. Upper West farmer urges government to boost local maize production

    The 2023 Upper West Regional best farmer, Mr Sumaila Doho, has called on the government to adopt policies that improve Ghana's maize production and competitiveness, arguing that Ghana has the potential to become a maize-surplus country but continues to spend millions on imports while local farmers struggle to find markets.

    8 September 2026 · Joy Online →

Thursday 3 September

  1. NAFCO warns against fraudsters selling school food contracts

    The National Food Buffer Stock Company has warned the public against individuals falsely posing as its agents and soliciting money in exchange for school food supply contracts. NAFCO stressed that contract allocation is merit-based and involves no third-party intermediaries, and urged people to report such fraudsters to police.

    3 September 2026 · Joy Online →

Friday 21 August

  1. Supreme Court dismisses Oppong Nkrumah injunction to halt trials

    The Supreme Court dismissed Ofoase-Ayirebi MP Kojo Oppong Nkrumah's application to stop selected criminal trials during the legal vacation (August–September). Oppong Nkrumah has signalled his legal team will study the ruling before deciding whether to seek a review, noting the judge acknowledged differential treatment of some cases but found it did not violate constitutional provisions.

    21 August 2026 · Joy Online →

  2. Supreme Court dismisses Oppong Nkrumah injunction on legal vacation trials

    The Supreme Court has ruled that Ofoase-Ayirebi MP Kojo Oppong Nkrumah did not make a proper case for an injunction to halt criminal trials during the legal vacation, allowing selected court proceedings to continue under administrative warrants issued by the Chief Justice. The substantive constitutional challenge filed by Oppong Nkrumah, which argues the warrants violate the 1992 Constitution, remains pending before the court.

    21 August 2026 · Joy Online →

Tuesday 18 August

  1. Lawyer urges peers to use courts, not media, against judicial rulings

    Private legal practitioner Thaddeus Sory has urged lawyers dissatisfied with judicial decisions to pursue established legal procedures rather than turning to the media, public pressure or boycotts. His comments follow controversy over a Chief Justice directive allowing selected High Court judges to sit during the legal vacation, which lawyers representing two defendants have opposed.

    18 August 2026 · Joy Online →

Monday 17 August

  1. Hanan Abdul-Hamid cannot be forced to trial without lawyer

    Godfred Yeboah Dame, counsel for former NAFCO CEO Hanan Abdul-Hamid, says his client cannot be compelled to proceed with trial during legal vacation without legal representation, warning it would set a dangerous precedent. Dame's statement follows a High Court direction to another defendant to secure legal counsel ahead of trial continuation or face self-representation.

    17 August 2026 · Joy Online →

  2. Godfred Dame refuses to attend vacation hearing in NAFCO case

    Former Attorney General Godfred Dame, representing former NAFCO CEO Hanan Abdul-Hamid, says he will not participate in proceedings scheduled during the court's legal vacation, citing opposition to hearing matters during the vacation period. His legal team appeared in court on August 17 seeking to halt proceedings pending determination of a motion at the Court of Appeal.

    17 August 2026 · Joy Online →

  3. Godfred Dame criticises vacation hearing in NAFCO case

    Former Attorney General Godfred Dame, representing NAFCO Chief Executive Officer Hanan Abdul-Wahab Aludiba, has criticised the court's decision to hear proceedings during the legal vacation, arguing there is no emergency or urgency to justify the action and that compelling parties to participate in a trial during vacation goes against judicial practice.

    17 August 2026 · Joy Online →

  4. Accra High Court suspends Buffer Stock trial pending Supreme Court ruling

    The Accra High Court has suspended the criminal trial of former NAFCO CEO Hanan Abdul-Wahab and his wife, Faiza Seidu Wuni, pending a Supreme Court decision on an injunction challenging trials during the judiciary's legal vacation. Defence lawyers have petitioned the Chief Justice, arguing that the directive allowing selected trials to proceed during vacation departs from established practice and is inconsistent with the Constitution.

    17 August 2026 · Joy Online →

Tuesday 11 August

  1. NPP accuses Chief Justice of partisan bias over trial warrants

    The New Patriotic Party has accused Chief Justice Paul Baffoe-Bonnie of exhibiting partisan disposition and facilitating selective justice by issuing special warrants for two High Court judges to conduct substantive criminal trials during the legal vacation. The party questioned why only these two courts were authorised to conduct full criminal trials when the affected cases involve persons associated with the NPP, arguing the decision amounted to unequal treatment.

    11 August 2026 · Joy Online →

Monday 10 August

  1. NDC official rejects political persecution claims in investigations

    National Democratic Congress Deputy General Secretary hopeful Abeiku Hayford has dismissed characterizations of investigations and prosecutions against former government officials as political persecution, arguing that public officials accused of misusing state resources must be held accountable regardless of political affiliation.

    10 August 2026 · Joy Online →

National Food Buffer Stock Company — Ghanaian press coverage · Ghana Minute