Business News of 2014-03-27

2011 National Best Farmer receives prize from adb

The Agricultural Development Bank (adb) has presented a GH¢108,000 three-bedroom fully furnished house to the 2011 National Best Farmer, Mr Ignatius Agbo, at Old Ningo in the Greater Accra Region.
The bank financed the construction of the house as part of the package for Mr Agbo when he was adjudged the best farmer at the 27th National Farmers Day.
Speaking at a ceremony to hand over the keys to the house at Old Ningo, the Minister of Food and Agriculture Mr Clement Kofi Humado, recounted the history of the awards and indicated how they had improved from the presentation of machetes, wellington boots and radio sets to award winners at its inception in 1985 through to single cabin pick-ups, double cabin pick-ups or fully mounted tractors to the now soft-furnished three-bedroom houses.
He commended the adb for persistently providing a residence for the best farmer each year.
The Managing Director of the adb, Mr Stephen Kpordzih, in his address, said the bank’s continuous support to the National Farmers Day was motivated by the fact that it shared the vision of the government to boost agricultural production and productivity.
He indicated that the adb regarded its sponsorship of the National Farmers Day as a social responsibility.
Mr Agbo, for his part, expressed appreciation to the government for acknowledging farmers by introducing the National Farmers Day which had continued over the years.
He also expressed appreciation to all sponsors of the National Farmers Day, particularly the adb, for continually providing a house for the National Best Farmer.