Gambia: Farmers Union extols government over successful groundnut season

Published 2024년 4월 8일

Tridge summary

The leadership of the Gambia Farmers Union recently expressed gratitude towards the government for its substantial support in the 2023-2024 groundnut season, notably for slashing fertilizer prices from D2000 in 2022 to D1,150 in 2023, leading to a bumper harvest. This visit to the National Food Security Processing Marketing Corporation (NFSPMC) underscored the government's D1.4 billion investment in groundnut purchases at rates above the global market and its commitment to ensuring timely availability of fertilizer. Both parties emphasized the importance of their collaboration, with the government's initiatives like smart farming and offering the highest payment for groundnuts in the country's history being highlighted as key factors in supporting the agricultural sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Executive of the Gambia Farmers Union recently paid a courtesy call on the Management of the National Food Security Processing Marketing Corporation (NFSPMC), formerly called GGC, to express gratitude to the government for providing them the necessary support during the 2023-2024 groundnut season. In 2023, a bag of fertilizer was sold for one thousand one hundred and fifty Dalasi (D1,150) representing a significant reduction compared to the 2022 price of D2000. The bumper harvest of groundnut this year is associated with the affordable price and availability of quality fertiliser. The government initially earmarked D500 million but ended up spending D1.4 billion to purchase groundnuts at D38,000 per tonne, which the NFSPMC says surpasses the global price by D18,000. The union commended the government for providing quality and affordable fertiliser for them and for increasing the price of groundnut every year. Notwithstanding, the union also expressed concern over the timely ...

Source: All Africa