Skip to main content

COCOBOD warns of possible fertilizer shortage over Russia-Ukraine war


The Ghana Cocoa Board, COCOBOD, is predicting fertilizer shortage for cocoa farmers in the coming years.

Chief Executive Officer of COCOBOD, Joseph Boahene Aidoo, attributed the impact of COVID-19 and the current Russia-Ukraine war as reasons for the potential shortage.

Russia, Ukraine, and Belarus are the three countries that produce the base elements for fertilizer production. And with the war there, it means that, we cannot get the base elements to produce the fertilizer not only for Ghana but the world. It is going to be difficult so if that base element cannot be obtained, it means there is going to be a shortage. So we must all brace ourselves that come next year, fertilizer is not going to be there. Even if there is, it is going to be limited.”

He was speaking during the inauguration of three Management Committees including the Cocoa Research Institute of Ghana (CRIG), the Seed Production Division (SPD), and the Cocoa Health and Extension Division.

Boahene says even though measures have been initiated to ensure that farmers do not face severe hardship, cocoa farmers should resort to organic fertilizers like poultry manure.

We as a country, we are going to look for alternatives, and one critical thing we have been telling the farmers is that, when we talk of fertilizer, we are not only talking about the inorganic fertilizer. There is organic fertilizer such as poultry manure which is the best, but our farmers are conservative. This is the challenge because they are all looking up to government for free fertilizer. Now it is not going to come, so we are asking our farmers to brace these austerity measures together and resort to organic fertilizer.”

Food crisis

In 2021, persons within Ghana’s food production value chain warned of food shortage over claims of the unavailability of fertilizer in the country.

At the time, they said Ghana could face a potential food crisis by 2022 if the challenges they faced with regard to scarcity of agricultural material persisted.

The situation is having a toll on us in terms of food supply. The expected average food yield has also been affected in a way. There are a lot of issues hitting us on the ground.”

Read also: Ghana reopens its land and sea borders after 2yrs

We have a looming danger, and we are moving towards it slowly. By 2022, the food crisis will be an issue. I definitely foresee it seriously, because the factors on the ground point to that. The issue of fertilizer is critical,” Seidu Mubarak, Executive Council member of the National Seed Trading Association of Ghana, said.

Several farmers in parts of the country are struggling to access fertilizer to increase yields. Some had blamed government for failing to pay fertilizer suppliers hence the shortage, long before the Russia-Ukraine war.

The Ministry of Food and Agriculture (MoFA), has admitted to challenges with the supply of fertilizer to farmers to boost agricultural production in the country.

It, however, blamed the situation partly on the global impact of the COVID-19 pandemic.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...