Also known as: NAFCO
Ghana's state food security agency that maintains grain reserves, reported GH¢91.7m profit in 2025 after prior debt.
News reports
Order a long-term news report on National Food Buffer Stock Company
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
The National Food Buffer Stock Company (NAFCO) has recorded a “remarkable financial turnaround”, posting a net profit of GH¢91.7 million in 2025 after recording a loss of GH¢19 million the previous year. …
Buffer Stock company posts GH¢91.7m profit, pays “record” GH¢20.3m tax; SIGA commends performanceThe Ghanaian Times
The government, through the National Food Buffer Stock Company (NAFCO), has registered 45 accredited Licensed Buying Companies (LBCs) to purchase grains, particularly maize and rice, from farmers in major producing areas across the country. …
Tackling grain glut: NAFCO engages 45 firms to buy excess maize, riceBusiness & Financial Times
… The statement further adds that nearly 90 percent of local rice farmers are currently holding unsold stock; a situation they partly attribute to the National Food Buffer Stock Company’s (NAFCO) inability to purchase surplus rice as directed by President Mahama. …
Editorial: Unsold paddy rice weighs heavy on producersBusiness & Financial Times
… A statement issued on June 4 and signed by PFAG’s president, Douglas Annor, stated that nearly 90 percent of local rice farmers are currently holding unsold stock; a situation it partly attributes to inability of the National Food Buffer Stock Company (NAFCO) to purchase surplus …
Rice-farmers demand six-month import banJoy Online
… Third, on the question of process, that with the exception of transfers to the National Food Buffer Stock Company, every request for funds was initiated by the agriculture ministry itself through the government’s GIFMIS financial management system and processed under standard pro …
Nearly GH₵24bn of 2026 Q1 budget left unspent as revenue shrinks by GH₵2.7bn – Finance Ministry dataJoy Online
… The ministry further explained that, with the exception of 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 financia …
Finance, Agriculture ministries clash over GH¢1.6bn funding claimsJoy Online
… by some state agencies that are expected to champion the cause of local procurement, coupled with rampant smuggling across several border points, is systematically undermining the efforts of our hardworking farmers.” PFAG further noted that “the National Food Buffer Stock Company …
PFAG backs rice import quota policy, demands urgent action over worsening rice glutBusiness & Financial Times
… ed seeds to farmers to boost crop yields and food production. * GH¢244.9 million has been released for the Poultry Farm-to-Table Project (Nkoko Nkitinkiti) to support the growth of the poultry industry. * GH¢200 million has been released for the National Food Buffer Stock Company …
85% of agriculture ministry’s 2026 budget released – Finance MinistryJoy Online
… ed seeds to farmers to boost crop yields and food production. * GH¢244.9 million has been released for the Poultry Farm-to-Table Project (Nkoko Nkitinkiti) to support the growth of the poultry industry. * GH¢200 million has been released for the National Food Buffer Stock Company …
Government releases 85% of Agriculture Ministry’s 2026 BudgetJoy Online
… The government, under pressure from farmers and agribusiness groups, released funds to the National Food Buffer Stock Company (NAFCO) to intervene in the grain market. …
The paradox of plenty: How Ghana’s farmers are being sacrificed on the altar of a cheap import agendaGhana 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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →