Government to introduce import quota policy to boost domestic rice production
The Government of Ghana has announced plans to implement a new import quota policy designed to increase demand for locally produced rice and strengthen the country’s domestic rice value chain.
The Minister for Food and Agriculture, Eric Opoku, announced the initiative at the West Africa Rice Investment Roundtable in Accra on Tuesday, June 2, 2026.
Under the new policy, rice import permits will be directly linked to support for local production. Importers will be required to demonstrate verifiable procurement and partnerships with Ghanaian rice farmers and producers to secure clearance for imports.
Objectives of the Policy
The initiative is designed to address key structural areas in Ghana's agricultural sector:
- Reducing the country’s heavy reliance on imported rice.
- Stimulating local production capacity.
- Improving market access for domestic farmers.
- Attracting new investment into the rice value chain.
Key Statements from the Ministry
Minister Eric Opoku outlined the structural requirements of the upcoming policy:
“Government will implement an import quota policy that directly links the privilege of importing rice to the growth of domestic production. Under this policy, rice importers will be required to demonstrate verifiable procurement of and partnership with Ghanaian rice production before import permits are approved.”
Mr Opoku further emphasized that the policy would not negatively impact market stability or consumer costs:
“We are not raising tariffs that punish consumers. We are not imposing bans that create shortages. We are redirecting the existing value in the rice trade towards building our own productive capacity.”
Source: classfmonline.com
Trending Business

Middle East tensions delay single-digit interest rate target, says BoG Governor
02:01
COCOBOD to raise US$1b through commercial paper for 2026/27 cocoa purchases – Ato Forson
01:57
OMCs begin increasing petroleum prices at the pumps under new pricing window
20:01
SIGA commends TOR for historic financial turnaround, submission of 6 years of audited accounts
18:20
GoldBod CEO engages National House of Chiefs on gold sector reforms
12:31
Ghana courts diaspora investment at London Town Hall Meeting
11:55
Daniel Acquaye leads agri-impact delegation to Ghana-UK Investment Summit in London
07:48
Ashanti Region emerges top as regional hub for livestock processing
02:48
Concerned Traders push Transport Minister to set clear timeline for Smart Port Note rollout
09:39
GPRTU announces 20% increase in transport fares effective June 2
06:18


