GH¢500 Million Needed to Address Food Glut – Eric Opoku

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The Minister for Food and Agriculture, Eric Opoku, has revealed that the government will require approximately GH¢500 million to tackle the ongoing oversupply of farm produce, commonly known as a food glut.

Speaking on the Citi Breakfast Show on Monday, November 10, 2025, Mr. Opoku emphasized the need for a coordinated and data-driven approach to resolving the challenge, warning that failure to act could discourage farmers from reinvesting in agriculture.

“You do not just get up and move into a farm because there is a glut. You need to move there with your technical team to ascertain the amount of farm produce to be procured. From the figures we are receiving, we will need about GH¢500 million to be able to clear it,” he stated.

The Minister added that his ministry is in discussions with the World Food Programme and other development partners to develop strategies for managing the current glut and preventing future occurrences.

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He explained that a proper response to the issue would help encourage farmers to reinvest in agriculture, ensuring profitability and sustainability in the sector. “If we don’t act and allow these foods to go to waste, it will be a huge loss of the century, and people will be demotivated to invest in agriculture,” he warned.

The initiative forms part of the government’s broader efforts to stabilize food prices, protect farmers’ livelihoods, and promote sustainable agricultural production across the country.

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