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 Politics: Gambian politics
 Still No Cash At Seccos
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Momodou



Denmark
9153 Posts

Posted - 07 Feb 2019 :  08:38:58  Show Profile Send Momodou a Private Message  Reply with Quote
Still No Cash At Seccos

Foroyaa: February 6, 2019

Abdoulai G.Dibba

http://foroyaa.gm/still-no-cash-at-seccos/

Farmers renew their call for Government to help them address the perennial problem of lack of cash at Seccos, so that they can receive their hard earned income.

Farmers in the following Seccos within the respective depot circles of the Bara, Kerewan, Kaur, Bansang, and Kudang, made these calls on Monday February 4, 2019.

According to them, there have not been any buying of groundnuts in their respective Seccos since January 15, 2019, due to lack of cash; that up to the time they were giving this information to this reporter, there was no sign that there will be cash available at the Seccos.

Alhagi Njie a farmer, informed this medium that they are at the mercy of middlemen who purchase their groundnuts at cut throat prices, because Government cannot ensure the availability of cash in Seccos, to guarantee the buying of groundnuts.

“Our Secco have been disbursed twice since the beginning of the groundnut trade season and we are yet to receive our monies even though our groundnut has been taken to the depots,” Njie said.

This reporter has confirmed that a total cash of D250 million was disbursed twice. The disbursement of D100 million and D150 million, were the two disbursements of cash made respectively, to buy groundnuts for this year’s trade season so far, which is equivalent to 14,045 metric tons of groundnuts.

A clear concience fears no accusation - proverb from Sierra Leone

toubab1020



9641 Posts

Posted - 10 Feb 2019 :  16:06:56  Show Profile Send toubab1020 a Private Message  Reply with Quote
February 8, 2019

Banjul, The Gambia—In the wake of recent publications and concerns expressing fear over the viability of the groundnut trade season, His Excellency President Adama Barrow wishes to inform Gambians especially our farming community, that his government attaches great significance to agriculture and that the purchase of groundnuts from our hard working farmers is a responsibility he cannot compromise .

Accordingly, President Barrow has given a directive for the immediate resumption of groundnut buying across the country and makes it categorically clear that the issuing of promissory notes and undue delays of purchasing farmers’ nuts can no longer be business as usual.

Therefore, following the President’s intervention to fix this matter, in the course of next week the National Food Security Corporation (formerly GGC) will be receiving some D396 million through the Central Bank of The Gambia for the immediate purchase of groundnuts from farmers. This money is sufficient to cover all outstanding payments and buy the rest of the nuts waiting in queues in local “seccos” across the countryside.

It can be recalled that the groundnut marketing season began on 17th December 2018 and is expected to officially close on 10th March, 2019.

This year alone, the NFSC is financing 73 Cooperative Societies and there are 23 self-financed traders in the groundnut trade.

The total tonnage received in our depots as at 7th February 2019 is 25,250 Meteric tons and the projected tonnage to be purchased this year is some 35,000 metric tons.

The cash disbursed to “Seccos” as at 7th February 2019 stands at D250million.
Signed:
EGSankareh
…………………
Ebrima G. Sankareh
The Gamba Government Spokesperson

https://www.freedomnewspaper.com/2019/02/08/gambia-government-injects-additional-gmd396-million-to-groundnut-trade-season-govt-spokesman-sankareh-delcares/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



9641 Posts

Posted - 10 Feb 2019 :  16:11:55  Show Profile Send toubab1020 a Private Message  Reply with Quote
"he was indisposed at the time of going to press. His cellular phone was switched off."
=======================================================================================================
February 8, 2019
The Gambia Groundnut Corporation (GGC) owes Gambian farmers over two hundred million dalasis (D200 million) since it started buying farmers peanuts on credit buying, Freedom Newspaper can reveal. The parastatal lacks funds to pay Gambian farmers. Thousands of farmers across the country, have been affected by the cash shortage.

The Gambian government had loaned money in the sum of $20 million dollars from the African Development Bank (ADB) to help settle farmers unpaid groundnuts. The loan facility was secured recently. But sources familiar with the loan arraignment said the ADB had insisted that before the funds would be released, The Gambian government must pay up $10 million dollars it owed to the bank.

Lack of timely intervention by the government to clear the pending loan with the ADB had been blamed for the slow disbursement of the loan, sources said. Finance Minister Mamburay Njie had submitted the loan request to the ADB at the eleventh hour.

Meanwhile, Gambian farmers are finding it extremely difficult to put food on the table for their families. They have called on the government to help speed up settling their unpaid peanuts.

Agriculture Minister Lamin Ndambou Dibba was contacted for comment, but he was indisposed at the time of going to press. His cellular phone was switched off.


https://www.freedomnewspaper.com/2019/02/08/gambia-breaking-news-gambia-groundnut-corporation-owes-gambian-farmers-d200-million-dalasis/

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020



9641 Posts

Posted - 11 Feb 2019 :  17:55:28  Show Profile Send toubab1020 a Private Message  Reply with Quote
Monday, February 11, 2019

In the wake of recent publications and concerns expressing fear over the viability of the groundnut trade season, His Excellency President Adama Barrow wishes to inform Gambians especially our farming community, that his government attaches great significance to agriculture and that the purchase of groundnuts from our hard working farmers is a responsibility he cannot compromise.

Accordingly, President Barrow has given a directive for the immediate resumption of groundnut buying across the country and makes it categorically clear that the issuing of promissory notes and undue delays of purchasing farmers’ nuts can no longer be business as usual.

Therefore, following the President’s intervention to fix this matter, in the course of next week the National Food Security Corporation (formerly GGC) will be receiving some D396 million through the Central Bank of The Gambia for the immediate purchase of groundnuts from farmers. This money is sufficient to cover all outstanding payments and buy the rest of the nuts waiting in queues in local “seccos” across the countryside.

It can be recalled that the groundnut marketing season began on 17th December 2018 and is expected to officially close on 10th March, 2019.

This year alone, the NFSC is financing 73 Cooperative Societies and there are 23 self-financed traders in the groundnut trade.

The total tonnage received in the depots as at 7th February 2019 is 25,250 Metric tons and the projected tonnage to be purchased this year is some 35,000 metric tons.

The cash disbursed to “Seccos” as at 7th February 2019 stands at D250million.

http://thepoint.gm/africa/gambia/article/govt-reassures-groundnut-farmers

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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