The Agricultural Enhancement Bank (ADB) has presented a cheque of GH¢570, 000 to Solomon Kwadwo Kusi, the 2020 Nationwide Best Farmer.
The sum was the best prize to the general winner of the 2020 Countrywide Farmers Celebration Award held in Techiman in the Bono East Location.
At a ceremony in Accra, the ADB Managing Director, Dr. John Kofi Mensa originally handed over the GH¢570,000 cheque to the Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto who in change introduced it to Solomon Kusi, the 2020 National Ideal Farmer.
Dr. Kofi Mensah indicated that the bank acquired an agri-business enterprise proposal from Mr. Kusi by the Ministry of Meals and Agriculture in which he outlined how he was heading to use the cash.
“Our Agribusiness Division perused the document and we are satisfied with all the things outlined by Mr. Kusi,”. He reported.
In accordance to the ADB Controlling Director, the document indicated that element of the income will be applied to get and install cocoa drying dwelling, broaden most of his existing operations, hire extra people today, dig 3 boreholes, increase his mechanization centre and order extra farming resources , seeds and feed.
“Our expectation is that by upgrading and expanding the mechanization middle, much more farmers in his catchment location would reward from mechanization providers,” he included.
Dr. Kofi Mensah reiterated the bank’s commitment to assist all initiatives aimed at guaranteeing food stuff sufficiency and ensuring that the agricultural sector continue being the spine of our financial state.
In his remarks, the Minister for Foodstuff and Agriculture said that govt and ADB have agreed to proceed with the “flexible” arrangement which allows the greatest winner of the Countrywide Finest farmers’ opposition to come to a decision how to shell out the final prize.
According to him, federal government by means of the Agriculture Ministry was also hunting at how to restructure the National farmers awards plan to assure that a lot more farmers were recognized.
Mr. Solomon Kusi in his speech, thanked ADB and the Ministry for Meals and Agriculture for satisfying their pledge to him. He certain all stakeholders that the resources would be judiciously used for the benefit of the agricultural sector