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    Over 100 farmers in North East Region Embrace High Demand Pepper Production Under the Boost to Bloom Project

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    Agrihouse Foundation Unveils Strategic 2026 Roadmap at Stakeholder Breakfast Meeting

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    Ghana’s 41st National Farmers’ Day Exhibitions Draws Over 120 Exhibiting Companies

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    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

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    Over 100 farmers in North East Region Embrace High Demand Pepper Production Under the Boost to Bloom Project

    Over 100 farmers in North East Region Embrace High Demand Pepper Production Under the Boost to Bloom Project

    Boost to Bloom Project Launches Phase 2 in Upper East to Empower Youth, Women, and Persons with Disabilities.

    Boost to Bloom Project Launches Phase 2 in Upper East to Empower Youth, Women, and Persons with Disabilities.

    Agrihouse Foundation joins AGRA, other Partners at the 2025 4th Quarter Joint Report Review Meeting in Kumasi

    Agrihouse Foundation joins AGRA, other Partners at the 2025 4th Quarter Joint Report Review Meeting in Kumasi

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    Agrihouse Foundation Unveils Strategic 2026 Roadmap at Stakeholder Breakfast Meeting

    Backyard Farming Promotes Household Food Security; Ghanaians Urged to Practice, Uphold Household Gardening

    Backyard Farming Promotes Household Food Security; Ghanaians Urged to Practice, Uphold Household Gardening

    Why 2026 is the Year for Ghana’s Farming Startups

    Why 2026 is the Year for Ghana’s Farming Startups

    Infrastructure, Educational Set-ups Essential to Ghana’s Agricultural Growth – Agrihouse Founder Alberta Akosa

    Infrastructure, Educational Set-ups Essential to Ghana’s Agricultural Growth – Agrihouse Founder Alberta Akosa

    Call for Applications: Africa Youth Portal and Research Programme

    Call for Applications: Africa Youth Portal and Research Programme

    Ghana’s 41st National  Farmers’ Day Exhibitions Draws Over 120 Exhibiting Companies

    Ghana’s 41st National Farmers’ Day Exhibitions Draws Over 120 Exhibiting Companies

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    Mahama Directs Buffer Stock to Procure Local Rice for all Schools

    Mahama Directs Buffer Stock to Procure Local Rice for all Schools

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    Ghana’s 2026 AGROTECH Fair to Highlight Agricultural Innovations and Growth

    National Food Buffer Stock to designate warehouses as storage facilities

    National Food Buffer Stock to designate warehouses as storage facilities

    Ghana to declare Marine Protected Areas to Safeguard Ocean Resources under ‘Save Our Sea’ campaign

    Ghana to declare Marine Protected Areas to Safeguard Ocean Resources under ‘Save Our Sea’ campaign

    Agriculture for Economic Transformation Agenda is the Game Changer – Mahama

    Agriculture for Economic Transformation Agenda is the Game Changer – Mahama

    Our Food Import Bill Continues to Soar Despite our Resources – Mahama

    Our Food Import Bill Continues to Soar Despite our Resources – Mahama

    We’ll Fight for Cocoa Farmers even if it takes Years – Oppong Nkrumah

    We’ll Fight for Cocoa Farmers even if it takes Years – Oppong Nkrumah

    MoFA lauds AGRA Ghana’s agriculture mechanisation interventions in Sekyere Central District

    MoFA lauds AGRA Ghana’s agriculture mechanisation interventions in Sekyere Central District

    Ghana Export Promotion Authority Impact Hub Hosts Product Packaging Workshop for Women Entrepreneurs

    Ghana Export Promotion Authority Impact Hub Hosts Product Packaging Workshop for Women Entrepreneurs

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    Ashanti Business Owners Welcome Reduction in Reference Rate

    Ashanti Business Owners Welcome Reduction in Reference Rate

    Businesses Mount Pressure for Fresh Rate Cut as Inflation Falls to 3.3%

    Businesses Mount Pressure for Fresh Rate Cut as Inflation Falls to 3.3%

    Inflation drops to 3.3% in February 2026

    Inflation drops to 3.3% in February 2026

    Ivory Coast Reassures Farmers over Purchase of Excess Cocoa Stock Following Strike Threats

    Ivory Coast Reassures Farmers over Purchase of Excess Cocoa Stock Following Strike Threats

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    Olam Agri launches 2026 healthy baker campaign for 10,000 Ghanaian bakers

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    Beyond survival: Pineapple emerges as a climate-smart lifeline for farmers in Northern Ghana

    Zenith Bank rolls out maiden SME Business Empowerment Lab to support growth of Ghanaian Enterprises

    Zenith Bank rolls out maiden SME Business Empowerment Lab to support growth of Ghanaian Enterprises

    Africa’s capital markets are moving again. Here’s how

    Africa’s capital markets are moving again. Here’s how

    Over 70% of Uganda Hass avocados rejected for export

    Over 70% of Uganda Hass avocados rejected for export

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    Climate-smart programme to benefit 20,000 dairy farmers

    Climate-smart programme to benefit 20,000 dairy farmers

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    GLOBAL MARKET OVERVIEW PEARS

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    Somalia’s humanitarian crisis worsening with 6.5 million people facing high levels of hunger, Federal Government and United Nations warn

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    Morocco exports 32,600 tons of Brussels sprouts in record 2025

    Brazil Suspends Cocoa Imports from Ivory Coast

    Brazil Suspends Cocoa Imports from Ivory Coast

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    Frozen strawberries from Egypt rejected in Poland due to banned pesticide

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    Australia launches research to develop TR4-resistant banana varieties

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    Call for Applications: Africa Youth Portal and Research Programme

    KIC School Farm Awards 2025 Set to Inspire a New Generation of Agripreneurs

    KIC School Farm Awards 2025 Set to Inspire a New Generation of Agripreneurs

    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    Students experience practical agriculture through Tilly’s Farm Porktober programme

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

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    AI Can Transform Animal Production – Prof. Dadson Awunyo-Vitor

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Home WatchTower

Fisheries Minister vows to recover unaccounted 53% premix fuel profits

by Agriwatch
March 25, 2025
in WatchTower
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The Minister for Fisheries and Aquaculture, Emelia Arthur, has vowed to recover the unaccounted-for 53 percent premix fuel profit derived from sales in the last eight years.

She has expressed readiness to track down and retrieve the 53 percent of premix fuel profit allocated for developing fishing communities – emphasising that the money ought to be used for its intended purposes.

The National Premix Fuel Committee (NPFC) Regulations, 2016 (L. I. 2233) instructs the Landing Beach Committee (LBC) to undertake developmental projects within the community using profits from the sale of premix fuel – of which 53 percent is allocated for community development.

“When premix is sold and there is a profit, 47 percent goes to the Landing Beach Committee but the remaining 53 percent is for community development. We will ensure that MPs and DCs account for the 53 percent.  In the same vein, all those who sold premix eight years ago and have not accounted for it… we will go after them,” she said.

She bemoaned the attitude of some executives of the Landing Beach Committee who consistently sell premix at exorbitant prices and also to persons who are not in the fishing business.

The minister made this known during Norway’s Minister of International Development Asmund Grøver Aukrust’s visit to the Tema Canoe Landing Site to interact with fishermen on benefits of Norway’s support under the Fish for Development Programme.

Meanwhile, she also emphasised that all current MPs and DCEs must ensure that they put in the right measures to utilise the 53 percent profit appropriately, as they will equally account for all the profits they make from every sale.

For his part, Mr. Aukrust mentioned that the fishery sector and ocean bring the two countries together, highlighting the essence of collectively protecting and preserving the blue economy and emphasising that it remains the most important resource for Norwegians.

While acknowledging the fishing sector’s contributions to job creation and building societies, he lamented human activities that threaten the ocean – urging fishermen to preserve it for future generations.

“But there is also quite a serious situation because the ocean is threatened. It’s threatened by pollution, climate change and overfishing. So, to secure that the fishery will be a renewable resource which lasts for coming generations, we need to protect the ocean, he said.

The minister also reiterated there will be no closed season for artisanal fishermen and added that when the economy stabilises, they will continue to provide fishermen and fishmongers with appropriate inputs.

The Food and Agriculture Organisation (FAO) Representative to Ghana ad Interim, Priya Gujadhur, emphasised FAO’s commitment to supporting the country in areas of nutrition and food security.

She underscored the need for more investments and interventions in fisheries development, nutrition programmes and sustainable aquaculture to create lasting impact, strengthen food systems, improve livelihoods and advance national and regional development goals.

Mr. Aukrust and the delegation from Norway paid another visit to Miniplast at Spintex, an investee of Norfund, to understand Norway’s contribution to strengthening businesses that create jobs and reduce poverty in developing countries.

SOURCEthebftonline.com

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