Aug.15, GNA - Vice President Dr Mahamudu Bawumia on Thursday commissioned a US$
4.5 million fertilizer blending plant with an installed capacity of 840,000
metric tonnes per annum.
Glofert Limited is
a wholly-owned Ghanaian company located at Asuboi in the Ayensuano District of
the Eastern Region, and becomes the largest fertilizer blending factory
established in the West African sub-region.
The factory, which
is integrated into the One-District, One-Factory (1D1F) programme, produces all
kinds of fertilizers, including NPK 15-15-15, Urea and Ammonium Sulphate and
comes in solid, granular and liquid states, with the vision of improving crop
production and ensure food security in Ghana.
employs 220 direct and indirect employees, of which 80 per cent are from the
communities within its operational area.
Speaking at the
inauguration ceremony at Asuboi in the Ayensuano District of the Eastern
Region, Vice President Bawumia said, agriculture was the nerve centre of the
Therefore, it was
prudent for Government to ensure self-sufficiency in food production, instead
of relying on foreign food imports.
He said that vision
informed President Akufo-Addo's government decision to introduce the Planting
for Food and Jobs (PFJ) in 2017, to promote food security, create jobs and
bolster the country's foreign exchange earnings.
Bawumia expressed happiness that Glofert Limited was entering the fertilizer
production space at an opportune time to supply fertilizers that meet the
specific soil and crop needs of farmers to increase yield, geared towards
achieving the Ghana beyond aid agenda.
He said food
security safeguards the peace of every nation, therefore increasing food
production was at the heart of President Akufo-Addo's government
industrialisation agenda, to transform the economy and ensure self-sufficiency.
He said Government's
vision of launching the 1D1F was yielding positive outcomes, with more young
entrepreneurs entering the race to establish factories across the 260
metropolitan, municipal and district assemblies.
Bawumia assured of government's resolve to create an enabling environment for
private sector investors to thrive and create jobs for the youth.
He made reference
to the recent Parliamentary approval of tax exemptions for companies wishing to
operate 1D1F, including a five-year tax holiday, waiver of taxes on equipment
and machinery and raw materials, as some measures government instituted to
create a favourable environment for private sector investments.
from the Ministry of Trade and Industry, Dr Bawumia said 181 factories under
the 1D1F were being implemented, 57 were in operation, 22 under construction
and another 33 projects were being financed by local banks and ready for
implementation by the end of the year, as well as 56 small-scale enabler youth
business incubators being financed by the African Development Bank(AfDB).
Dr Gyiele Nurah, a
Minister of State at the Ministry of Food and Agriculture, in an address, noted
that since the launch of the PFJ in April 2017, government has increased
fertilizer supply to farmers from 134,000 metric tonnes to 290,000 metric
tonnes at the end of 2018.
He said by the
middle of this year, government would be supplying 335,000 metric tonnes of
fertilizers to farmers, and targeted to supply fertilizers to at least a million
farmers by the end of 2019.
The Reverend Foster
Mawuli Benson, the Chief Executive Officer of Glofert Limited, in his welcome
address, lauded government for creating an enabling environment for private
He said the factory
produced all kinds of fertilizers with an installed capacity of 2,400 metric
tonnes per day and more than 840, 000 metric tonnes per annum.
He said it had been
supplying fertilizers to farmers operating under the 1D1F, which was tailored
to meet the specific soil and crops needs of farmers.
Currently, he said,
the company had employed 220 direct and indirect workers, of which 80 per cent
were employed from communities within its catchment area.