Agriculture Business

Agric sector needs regulatory body – Chamber

The President of the Chamber of Agribusiness, Anthony Morrison, has argued about the need for a regulatory body to supervise activities of the agriculture sector as it is with other sectors of the economy.

Morrison believes the Ministry of Food and Agriculture has become too huge to take on all the country’s growing agricultural demands for which reason such a framework was needed, if the country was serious about putting agriculture and agribusiness back on the map of performing sectors.

Read Also: Agriculture set to revolutionise African economy- Report

Gross Domestic Product(GDP) from agriculture in Ghana for example, increased to GHS 7790.18 million in 2016 from GHS 7567 million in 2015.
It averaged GHS 6541.21 million from 2006 until 2016, reaching an all-time high of GHS 7790.18 million in 2016 and a record low of GHS 5422 million in 2007.

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