Rising food prices: Economist calls for investment in agriculture and construction of silos

Economist and lecturer at the University of Education, Winneba (UEW) School of Business, Samuel Gameli Gadzo, has called on the government to significantly scale up investment in agriculture as a sustainable solution to Ghana’s rising food prices and growing food demand.

Although food inflation eased to 3.9 per cent in January 2026, Mr. Gadzo noted that the prices of key staples such as ginger, plantain, and palm fruits remain high, continuing to place pressure on households.

Speaking on Yese No Sen with Kojo Nsaa-Kwao, the economist pointed to limited production capacity, inadequate storage infrastructure, and persistent post-harvest losses as major factors undermining food supply and price stability in the country.

Mr. Gadzo emphasised that sustained investment in agriculture would not only increase food production but also strengthen food security, create employment, particularly for the youth, and drive overall economic growth. He urged the government to prioritise modern farming methods and technologies to improve productivity across the agricultural value chain.

He further advocated the construction of modern silos in major food-producing regions to store surplus produce during peak harvest periods. According to him, such facilities would support government buffer stock programmes, reduce post-harvest losses, stabilise food prices throughout the year, and protect farmers from distress sales.

Mr. Gadzo added that a well-coordinated national storage system would enhance food distribution planning, boost agro-processing activities, and reduce Ghana’s reliance on food imports.

He cautioned that without deliberate investment in both production and storage infrastructure, the country risks recurring food price spikes despite recent improvements in inflation figures.

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