In Ghana, NAFCO renews food reserve with GH₵100 million funding — MyJoyOnline

In Ghana, the National Food Buffer Stock Company (NAFCO) has renewed the national food reserve programme, for which the government provided initial funding of GH₵100 million. The programme is intended to strengthen the country’s ability to respond to food crises and price pressures.

As MyJoyOnline reports, the programme was introduced in response to reports of grain surpluses, primarily rice and maize, in some parts of the country.

Maize, rice and gari stocks

According to NAFCO Chief Executive Officer George Abradu-Otoo, as of 31 December 2025, the company had 36,597 bags of maize, 21,287 bags of rice and 5,982 bags of gari in warehouses in Tamale, Badu, Kumbungu, Dzodze, Wenchi and Kumasi.

Abradu-Otoo explained that NAFCO must maintain food stocks for the country and release them when needed, including during emergencies, disasters and periods of high food prices. According to him, the programme should also help contain inflation, reduce post-harvest losses and support government measures in the agricultural sector.

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Warehouses and financial results

NAFCO has begun restoring and expanding its warehouse capacity with the support of Ghana’s Ministry of Food and Agriculture, the Economic Community of West African States and the World Food Programme. According to the company’s head, many of its warehouses had deteriorated and become unusable.

The programme also provides for laboratories, testing equipment, tracking devices and digital devices, as well as staff training and retraining. All 16 NAFCO regional offices are now operational.

In 2025, NAFCO recorded a pre-tax profit of GH₵91.7 million, the highest in the company’s 16 years of operation. A year earlier, it posted a loss of GH₵19.4 million. Also in 2025, the company paid GH₵20.3 million in taxes to the state, its highest annual amount in its 16-year history.