‘Produce plans for modernisation of agric sector’

The Director of WTS Ghana, a tax consulting firm, Mr Abdallah Ali-Nakyea, has challenged the Ministry of Food and Agriculture (MoFA) to come out with concrete plans and projects that could boost the modernisation of the agriculture sector as a priority area of the economy.

Those measures, he said, were critical to ensure the efficient use of the $89.85 million oil revenue allocated for agricultural modernisation, an amount that represents 12.45 per cent oil revenue for various sectors this year.

“The current allocation, an upward adjustment from the 7.5 per cent between 2011 and 2013, means that the sector minister must come out with plans and projects such as irrigation, modern drying of cocoa beans with the solar power to modernise the agric sector,” he stated.

Mr Ali-Nakyea made the call when he spoke at an open forum on “Efficient utilisation of Ghana’s oil revenue” in Accra on Wednesday.

The event, organised by the Institute of Financial and Econ