The National Food Buffer Stock Company (NAFCO) has refuted claims of diverting funds intended for food suppliers’ payments.
During their recent picketing, some discontented food suppliers alleged that the Buffer Stock Company diverted money from the Education Ministry to settle their loans.
These suppliers were demanding over GH₵270 million in payment for food supplied to various senior high schools under the Free SHS policy.
In response, the CEO of the Buffer Stock Company, Hanan Abdul-Wahab, dismissed the allegations, asserting the company’s commitment to settling all debts owed to its creditors.
He clarified that the Free SHS feeding budget for 2021, 2022, and 2023 exceeded GH₵480 million, making the claimed figure inaccurate.
He emphasized that no money meant for suppliers’ payments has been received from the Ministry and left unpaid.
Hanan Abdul-Wahab assured that the report was false, and the company remains dedicated to ensuring suppliers are well taken care of.
“Between 2021, 2022, and 2023, the entire Free SHS feeding budget is far more than even GH₵480 million, so it is clear that the figure is not correct. We have not received money from the Ministry that is meant to be paid to suppliers that we have not paid.
“The report is not true, and we are very focused on making sure that we will make life very comfortable for our suppliers.”