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    US-Based Philanthropist, Samuel Saupo Donates Wellington Boots to Agrihouse Foundation to Advance Support for Women, Youth, and Farmers with Disabilities in Ghana

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    Bono East Minister Champions Crop Protection as Key to Food Security at 3rd GACA Opening

    Bono East Minister Champions Crop Protection as Key to Food Security at 3rd GACA Opening

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    Qualiplast Ghana Limited Sponsors AG-STUD Africa 2026 Pitch Competition

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    Anloga District begins distribution of Government’s “Nkokɔ Nkitinkiti” Poultry birds

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    Government to Introduce Bill to Reform COCOBOD — Ato Forson

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    “At the Table with Alberta Nana Akyaa Akosa”: Amplifying the Voices of Women Farmers

    Study calls for greater support for women farmers to strengthen food security

    Study calls for greater support for women farmers to strengthen food security

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    Mahama Explores Belarus Agro Partnerships for Food Security  

    Mahama Explores Belarus Agro Partnerships for Food Security  

    Atwima Nwabiagya North Cuts Sod for Asuofua 24-Hour Market”

    Atwima Nwabiagya North Cuts Sod for Asuofua 24-Hour Market”

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    Food safety: 251 food handlers diagnosed with health condition  

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    Our Rice Deficit not a Burden on our Balance of Payments, It’s Untapped Agribusiness Opportunity in our Staple-food Economy – Agric Minister

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    Ghana Signs $1.5bn AgriConnect Compact to Create 2.6m Jobs

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    First Milk Investing £16.8m in Cheese Production in Cumbria

    Risk of Lungworm as Weather Turns Wet

    Risk of Lungworm as Weather Turns Wet

    Assembly Member gives Fulani herders 21-day ultimatum to vacate farmlands  

    Assembly Member gives Fulani herders 21-day ultimatum to vacate farmlands  

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    Zetor Launches ‘Universally Usable’ Tractor for ‘Everyday Operations’

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    Why many Fungicide-treated Soybean Seeds may Boost Harvests But not Farm Profits

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    Why too much Phosphorus in Our Farmland Pollutes Our Water | Column

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    ‘Shared recognition’ Across UK Farming Groups of Arable Policy Needs

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    Beef Processors ‘Moved too Far and too Fast in Cutting Prices’ – UFU

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    Tomato prices in Kenya rise 45.7% after rainfall disrupts supply

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    Promoting Efficiency and Hygiene in the Parlour

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    Time running out to avert global food security crisis, FAO warns

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    FAO and Norway deepen five-decade strategic partnership to tackle food crises and build resilience

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

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

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    Students experience practical agriculture through Tilly’s Farm Porktober programme

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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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Fisheries Minister vows to recover unaccounted 53% premix fuel profits
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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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