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David Adikah, the former executive member of the Association of Ghana Industries (AGI), claims that the oversupply of inexpensive imported goods on the Ghanaian market is to blame for the increase in the cost of commodities.
He asserts that the rise in imports, particularly of food products, has made it more challenging for Ghanaians to buy locally produced food.
Speaking on Atinka FM, David Adikah emphasized that Ghanaians must purchase things made in their country if prices are to decrease.
“There are quality rice on the Ghanaian market which are produced right here in Ghana. The issue is that our markets are saturated with cheap imported brands making it hard for the public to purchase the local ones,” he iterated.
Moreover, Mr Adikah added that:
“The local rice in Ghana is mostly exported to Nigeria. There is no issue of security in Ghana. Prices of goods will fall if locally made ones are patronized.”
His remarks follow a statement issued by the Ghana Union of Traders Association (GUTA) urging Ghanaians to stock up on supplies before the holiday season as prices may rise once more.
