• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Comment Features 201702

Is Kofi AdamsThe Richest Farmer In Town?

27-Feb-2017
/ Features, Comment
Email
Print
Comments 5
(5)
Comments
Share on Facebook Share on Twitter
 

My admiration for farmers increased exponentially when I read Kofi Adams farming exploits about how he has been feeding Ghanaians and at the same time reaping tremendous benefits from his farm proceeds.

Apparently, Ghanaian farmers work extremely hard, yet they do not normally receive the befitting rewards from their seemingly hectic schedules.

Disappointingly, unlike their counterparts in the developed countries, Ghanaian farmers do not reap satisfactory benefits from their farming business.

Take, for example, in 2012, agricultural subsidies totalled an estimated $486 billion in the top 21 food-producing countries in the world (Worldwatch Institute, 2014).

Interestingly, these countries—the members of the Organisation for Economic Co-operation and Development (OECD) and seven other countries (Brazil, China, Indonesia, Kazakhstan, Russia, South Africa, and Ukraine)—are responsible for almost 80 percent of global agricultural value added in the world (Potter, 2014).

However, agricultural subsidies are not equally distributed around the globe. In fact, Asia spends more than the rest of the world combined. China pays farmers an unparalleled $165 billion (Worldwatch 2014).

Also, significant subsidies are provided by Japan ($65 billion), Indonesia ($28 billion), and South Korea ($20 billion) (Potter 2014).

Moreover, Europe contributes a great deal towards agricultural subsidies due in large part to the Common Agricultural Policy (CAP) of the European Union (EU). At over $50 billion, CAP subsidies accounted for roughly 44 percent of the entire budget of the EU in 2011. And this figure does not include EU price supports, in which governments keep domestic crop prices artificially high to give farmers a further incentive at the expense of the consumer. Including these price supports, the EU spent over $106 billion on agricultural subsidies in total (Worldwatch 2014).

Furthermore, North America provides almost $45 billion in subsidies, with the United States spending just over $30 billion and Canada and Mexico spending $7.5 billion and $7 billion respectively (Potter 2014).

Juxtaposing the huge incentives the farmers in the developed countries receive with their counterparts in Ghana, one would not be mistaken for suggesting that Ghanaian farmers are only carrying out penal servitude.

Given the circumstances, it would take only an exceptional farmer like Kofi Adams to be able to afford umpteen luxurious cars.

Thus, it leaves many observers with unalterable puzzled countenance when the hitherto unbeknownst farmer, Kofi Adams passionately ascribes his wealth to his farming proceeds.

I must admit, however, Kofi Adams farming experience has rekindled my long-held interest to go into full-time farming.

Somehow, the hitherto hand-to-mouth venture has become so lucrative according to Kofi Adams.

My heartfelt gratitude, though, should go to the firebrand NPP’s Sunyani Youth Organiser, Kwame Baffoe, alias Aboronye DC, for igniting the flame.

It all started when the NPP government took over the presidency and the news spiralled around that some officials of the erstwhile NDC government are unlawfully taking possession of the national assets.

Consequently, the intrepid and patriotic individuals like Kwame Baffoe took it upon themselves and carried out citizen’s arrest by seizing the alleged stolen national assets from the suspects.

Kofi Adams subsequently came into the scene when Kwame Baffoe and his patriotic team seized a number of national assets including about five luxurious cars from the NDC Party Organiser.

As it was expected, Aboronye DC and his team actions received mixed reactions from the general public.

There were those who admired Aboronye DC and his compatriots show of patriotism and vigilantism, while other people viewed their actions as disgusting and unlawful.

Apparently, there were accusations and counter accusations from the accusers and the suspect. The police subsequently took on the case, albeit their investigations tilted in Kofi Adams favour.

Upon the police exoneration, we hear that Kofi Adams has instructed his lawyers to sue his accusers for what he anticipates as slander.

According to Kofi Adams’s legal representative, his client has not done anything wrong as he acquired all the numerous luxurious cars through the proceeds from his farming business and other blissful ventures.

Well, elsewhere, the issue would have been laid to rest easily by now.

Obviously it would only take a simple tracking of Kofi Adams sources of income. This could be done by examining his bank accounts, tax records and pay cheques.

Further still, the investigations could focus on the car sellers, including the mode of payments arrangements or how the payments were made.

In any case, the law enforcers must not and cannot continue to disappoint us with their shoddy work.

They should, as a matter of urgency, carry out proper investigations to ascertain whether if, indeed, farming business now pays well.

Source: Badu, K/ghanaweb.com

 

 
 

 

Comments ( 5 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Can Money Buy Love?

Next Post

Akufo-Addo Must Avoid Oye Lithur-Rachel Appoh’s Experience

 
 

More Stories

The Rod That Was Handed NDC for Adamu Sakande's Back Is Ready for Gyakye Quayson
Will Naana Jane Opoku-Agyemang partner John Mahama for Election 2024?
World Bank Verdict On Mahama Makes Him The Worst President In History - Ernest Owusu Bempah Writes
Chief Of Staff Frema Opare Is A Mother For All - Oppong
Remembering June 4, 44 Years On
Uncle Ebo Whyte On “The Whites Are Different?”
Ernest Owusu-Bempah Writes: Return of My First Coup d'état King Kong as President Would Be ‘Nailed-on Disaster’
Dr. Bawumia's Exceptional Strengths To Catapult The NPP To “Breaking The 8” In 2024
Leveraging CSR As A Core Sustainability Strategy To Drivingbusiness Growth; O-A Danquah Shows Leadership
Next Post

Akufo-Addo Must Avoid Oye Lithur-Rachel Appoh’s Experience

  Opinion

  • Articles/Features
  • Editorials
  • Announcement
  • Press Release


 
 

Other Features Stories

  • The Rod That Was Handed NDC for Adamu Sakande's Back Is Ready for Gyakye Quayson

  • Will Naana Jane Opoku-Agyemang partner John Mahama for Election 2024?

  • World Bank Verdict On Mahama Makes Him The Worst President In History - Ernest Owusu Bempah Writes

  • Chief Of Staff Frema Opare Is A Mother For All - Oppong

  • Remembering June 4, 44 Years On

  • Uncle Ebo Whyte On “The Whites Are Different?”

  • Ernest Owusu-Bempah Writes: Return of My First Coup d'état King Kong as President Would Be ‘Nailed-on Disaster’

  • Dr. Bawumia's Exceptional Strengths To Catapult The NPP To “Breaking The 8” In 2024

  • Leveraging CSR As A Core Sustainability Strategy To Drivingbusiness Growth; O-A Danquah Shows Leadership

  • Nana Akomea Writes: Come Again, President Mahama, Without The Insults

 

 
 

Popular Videos

What's The Meaning Of Your Statement??? Ellen Daaku Asks Sammy Gyamfi

Kokrokoo Discussion Segment On Peace 104.3 FM (06/06/2023)

Peace Power Sports (06/06/2023)

Peace Power Sports (07/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (08/06/2023)

Peace Power Sports (06/06/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media