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Food suppliers vow to reject partial payment of arrears

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By Xornam Adonu

The leadership of the National Food Suppliers Association says they will not accept part payment of the 2022 arrears, given the fact that individual members have accumulated interest on their loans contracted from their respective banks.

This was contained in a statement signed by its Spokesperson, Kwaku Amedume, after a meeting with the Minister of Education, Dr. Yaw Adu-Twum, to discuss the indebtedness of the National Food Buffer Stock Company (NAFCO).

It said that though the Minister asserts to have released an amount of ¢283 million in 2022 to the Buffer Stock Company for payment of arrears in 2022, members of the National Suppliers Association are yet to receive a penny of the said amount.

The statement said that according to the Minister of Education, he had released a total amount of ¢418 million to the National Food Buffer Stock Company between the periods of 2021, 2022 and 2023.

It said its members are yet to receive a penny of the said amount.

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