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CHEMICO on course with fertilizer subsidy programme

The Managing Director of CHEMICO Limited, K. K. Donkoh, says the company has made very significant investments in orders and infrastructure to be able to meet the demand of MoFA’s fertiliser subsidy programme, as well as the fertiliser programme of COCOBOD.
He said his company is available to help support MoFA with the programme, because of its enormous benefits to farmers in the country.
“Such investments, I believe, can help us sustain the programme,” Mr. Donkoh said during a visit to CHEMICO by the Minister of Food and Agriculture, Fifi Kwetey, last week Thursday.
Under the fertiliser subsidy programme, government absorbs part of the cost of fertilisers to enable farmers to buy them at prices below commercial levels from private distributors and retailers.
Mr. Donkoh disclosed, for example, that in addition to the warehouses and facilities visited by the Minister in Tema, CHEMICO has invested in a warehouse complex in Kumasi with the capacity to stock 70,000 tonnes of fertilisers.
The visit was to enable the Minister familiarise himself with operations of the leading agro-chemical & fertiliser company. The minister’s inspection also included visits to Chemico’s formulation and packaging plants for fungicides and insecticides, where he observed the packaging of AKATEMASTER insecticide for COCOBOD and also of COCOASETT and foliar products.
In his remarks Mr. Kwetey commended CHEMICO for keeping faith with government on the fertiliser subsidy programme, despite recent budgetary challenges facing it.
He said CHEMICO has shown commitment by engaging the ministry toward finding solutions.
“Today, we have had some discussions and I can say we have a win-win solution,” he said, urging other local companies to also commit to the programme.
Mr. Kwetey noted that though subsidies have delayed this year, government has not “forsaken farmers”, and that “the programme is definitely on course”.
Mr. Kwetey again commended CHEMICO for investing heavily into its operations in order to meet demands of farmers and the industry.
“I’m impressed with your massive investment. Clearly, looking at it, I realise this is not something you do in the short-term,” he observed, adding: “I also admire how you do so much but on the quiet.”
The Director of Sales & Marketing, Prince Agyemang Yeboah, in an interview reiterated the value addition employed by the company in terms of its operation — noting that CHEMICO has engaged more people, which has helped cut down unemployment figures in the country.
He said as key players in input supply to MOFA, Chemico will remain committed to the course of promoting agriculture in the country.
Source: B&FT Online

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