By Edward Acquah, GNA
Accra, Aug. 12, GNA – Mr Eric Opoku, the Minister of Food and Agriculture, has called for coordinated measures to reset Ghana’s oil palm industry and transform its production potential into jobs, industrial growth and reduced imports.
He said the country needed to move beyond policies and targets to practical action that would raise productivity, strengthen smallholder participation, expand processing and ensure sustainable development of the sector.
Mr Opoku made the call on Wednesday when the Tree Crop Development Authority (TCDA) convened the 2026 National Palm Stakeholders Forum in Accra on the theme: “From Policy to Practice, the Role of TCDA in Resetting Ghana’s Oil Palm Industry.”
He said oil palm was a strategic link between agriculture and industry, supporting farmers, processors, traders, transporters, manufacturers and service providers, while providing raw materials for soap, cosmetics, pharmaceuticals, animal feed and bioenergy.
The Minister noted that Ghana’s annual demand for palm oil substantially exceeded domestic supply, resulting in a production deficit that was largely met through imports.
He said the gap represented lost jobs, underutilised processing capacity, unreliable markets for farmers and foreign exchange that could otherwise remain in the economy.
“Policy acquires value only when it changes lives,” he said, urging stakeholders to leave the forum with clear responsibilities, timelines, resources and measurable targets.
Mr Opoku said Government’s 2026 Budget target to establish 100,000 hectares of new oil palm plantations was not simply an acreage expansion programme, but part of efforts to build an integrated, sustainable and competitive industry.
He said the programme would also focus on rehabilitating ageing and low-yielding farms, closing productivity gaps, improving planting materials and bringing suitable new areas into production without destroying forests or environmentally sensitive landscapes.
Mr Opoku said particular attention should be given to smallholder farmers, women and young people, who should have access to secure markets, transparent pricing, extension services, affordable inputs, finance and opportunities across the value chain.
He appealed to financial institutions to develop suitable financing products for nurseries, producers, aggregators and processors, while traditional authorities, landowners, district assemblies and investors worked towards transparent and mutually beneficial land arrangements.
Mr Opoku said expansion of production must be matched by efficient mills, storage, logistics, quality control and reliable market linkages, as Ghana sought to move beyond producing fresh fruit bunches to manufacturing finished products for domestic and export markets.
The forum comes as Government pursues financing arrangements to expand Ghana’s oil palm industry.
The Minister of Finance, Dr Cassiel Ato Forson, told Parliament in July that Government was nearing a US$500 million financing deal for the oil palm sector, underscoring the scale of investment being mobilised to support the industry.
Dr Andy Osei Okrah, Chief Executive Officer of the TCDA, said the Authority was seeking to translate the Government’s vision for oil palm self-sufficiency into a clear execution plan.
He said Government had set a target of achieving total self-sufficiency in palm oil production by 2032, with TCDA serving as the key regulatory institution responsible for licensing, production planning and industry data management.
“Our goal is focus and ambition,” he said, adding that the sector needed to expand plantations, create sustainable jobs, reduce reliance on imported edible oils and position Ghana as a competitive player in the global palm oil market.
Mr Isaac Kwadwo Gyamfi, Regional Director of Solidaridad West Africa, said translating policy into action required sustained access to quality planting materials, investment in productivity and processing infrastructure, and increased opportunities for women and youth.
He said climate finance could help artisanal processors adopt appropriate technologies, improve energy and resource efficiency, reduce environmental impacts and strengthen their businesses.
The Tree Crop Development Authority (TCDA) was established under the Tree Crops Development Authority Act, 2019 (Act 1010), and operates with a legislative instrument, LI 2471, to regulate and develop Ghana’s strategic tree crop value chains.
The crops under its mandate are cashew, coconut, oil palm, rubber, mango and shea.
GNA
Edited by Kenneth Sackey
Reporter: Edward Acquah