Lack of private sector investment affecting 1D1F implementation – UER Minister

Upper East Regional Minister, Stephen Yakubu, says, the lack of private sector investment in government’s One-District-One Factory policy is negatively affecting the success of the policy in the region.

According to him, though the One District, One Factory policy is expected to alleviate poverty by creating jobs for the youth, the absence of a strong private sector investors in the region is hindering the implementation of the policy.

Speaking at the 38th National farmers’ day celebration in Bolgatanga, Stephen Yakubu, appealed to investors to collaborate with government under the One District, One Factory policy to harness government value-addition industrialization drive and poverty reduction strategy.

It is against this background that we need the private sector as the engine of growth to partner government to fashion the industrialization drive under the One District, One Factory policy.”.

“Unfortunately for us, the absence of a strong private sector in the region has hindered the implementation of this policy to a very large extent.

He commended government and donors for their enormous support in the agric sector and impressed them to devote more funding to agriculture to achieve food sufficiency.

Akande bemoaned high cost of farm inputs and government’s lip service to the agric sector as a hindrance to farmers and impressed on government to allocate more funds and interventions to ameliorate the plight of farmers