Nkoko Nkitinkiti gets GH¢245 million boost in 2027 Budget

The government has allocated GH¢245 million to the Nkoko Nkitinkiti programme in the 2027 Budget as part of efforts to reduce Ghana’s dependence on imported chicken and boost local poultry production. Finance Minister Dr Cassiel Ato Forson announced the allocation during the presentation of the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026. The funding forms part of the GH¢2.9 billion allocated to the Ministry of Food and Agriculture to support agricultural development and food production. “We have allocated GH¢2.9 billion to the Ministry of Food and Agriculture to help our farmers sow and grow,” he stated. 10 key takeaways from Ghana's 2027 Budget The programme, officially known as the Poultry Farm-to-Table Project, seeks to strengthen Ghana’s poultry industry through investments in hatcheries, feed production, poultry farms, processing facilities, cold storage and distribution. Under the initiative, large commercial poultry farms will partner with small and medium-sized farmers to increase production, while retailers, hotels and other businesses will be encouraged to purchase locally produced chicken through long-term contracts. According to the Budget, more than 2.1 million day-old chicks and 100,521 bags of feed have already been distributed to about 43,800 households under the programme. Additionally, the government has procured another 3.7 million day-old chicks, together with feed and vaccines, for commercial poultry farms. A poultry and meat processing facility at Bechem in the Ahafo Region is also 60 per cent complete. To address the high cost of poultry feed, which accounts for between 60 and 70 per cent of production costs, the government plans to support large-scale maize and soybean farming to supply local feed producers. From 2027, the Ghana Export-Import Bank will take over the financing of commercial poultry and feed production for four years. The bank will dedicate at least 40 per cent of revenue from its levy to supporting the poultry sector. Adamus Australia warns against doing business with Angela List, Nguvu Mining The move is expected to help Ghana produce enough chicken and poultry feed locally, reduce imports and create employment opportunities across the agricultural sector. DR/MA New Cedi Notes to Circulate from December 1 – Bank of Ghana Source: www.ghanaweb.com
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