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Ghana’s inability to producer essential commodities major national security threat – AGI

The Chief Executive Officer for the Association of Ghana Industries AGI Mr. Seth Twum Akwaboah says Ghana’s inability to producer essential commodities for the populace is a major national security threat.

Mr. Twum Akwaboah believes Ghana’s continuous over reliance on foreign goods and products could destabilize the country’s economy if nothing is done about it immediately.

Speaking on the “Nyansapo” breakfast show on the Kumasi based OTEC 102.9, on Tuesday November 1, 2022, Mr. Twum Akwaboah called on the government to create enabling environment for local manufacturers to create all the essential commodities the country needs.

“We have consistently appealed to government and major stakeholders in the running of the country’s economy to reduce the import of finished goods”.

“Doing so will be in the best interest of the country’s food security and the local currency, which continues to fall to other international currencies”. He told the host, Captain Koda.

“The recent enormous p pressure on the exchange rate is because of the high demand for finished products.”

Calls for Tax Exemption

AGI CEO again called for the abolition of import tax on raw materials to enhance local production to shore up demands for local commodities.

This Mr. Twum Akwaboah noted, would help address the depreciation of the Cedi and enhance the industrialisation of the government while protecting the country’s economy in a long term.

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He expressed the readiness of AGI to help government in its quest to restore the current economic downturn.

Source: Ghana/otecfmghana.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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