Even when resources are limited, the Government may be forced to prioritise and spread scarce resources very thin. But as he rightly said, with the coming of oil money into the country, the Government would now be in a position to financially nourish areas that have seen neglect.
we do know that agriculture is one of the corner stones for GPRS II and that it is very obvious that without even mentioning it, when it comes to investment, it would be one of the prime areas that the Government would invest in. So in the first place, we can put the mind of everybody at ease, that even without discussing it, agriculture is one of the pillars of this Government. It is important to consult with all stakeholders on how to utilise this find properly and already we do know that this has begun in earnest.
Mr. Speaker, modernised agriculture is
very important and therefore investment from oil money would be very much welcome. He has talked a lot about soil and all those things, I am not an expert in soil science but we do believe that every investment in modernised agriculture would also involve research into soil, research into inputs and all kinds of things that would make agriculture a reality.
Of course, Ghana is an agricultural country and no matter the amount of money we get from oil, it would be very imperative on us to make sure that this money is re-channelled into agriculture. This is because in future, long after we are all gone, when the oil stops flowing, agriculture is what is going to sustain us. So this is an assurance to the hon. Member who made the Statement and to every-body that this Government, because modernised agriculture is one of its pillars, would invest in agriculture and make sure that oil money would go into re-sustaining agriculture, expanding it and making sure
that it is sustainable for all.
I thank you, Mr. Speaker, for the
Alhaji Sumani Abukari (NDC -
Tamale North): Mr. Speaker, I would dare not go to the scientific analysis or comparisons of the brilliant Statement made by the hon. Member for Mion (Dr. Alhassan A. Yakubu).
Mr. Speaker, I know that the thrust of his Statement is that we should use our oil find and oil money to develop agriculture, particularly the manufacture of fertilizer.
Mr. Speaker, our food production and even our commercial crop production has gone down over the past years and this has been blamed on so many issues that one cannot mention here. But I think basically it is because we do not have the finances to support agriculture financially the way we would have loved to. So we have allowed the world Bank and International Monetary Fund (IMF) to dictate to us on our financial policies or our agricultural financial policies.
Mr. Speaker, I think that until and unless we develop the will to challenge some of these policies that are forced down our throats by the IMF and the world Bank, we are going to suffer more and more and depend more and more on the western world for our food.
Mr. Speaker, let me go back a few years along the memory lane. During the period of the late Colonel I. K. Acheampong, we produced so much rice that we exported some of them. we produced so much maize in this country and we exported some of them. In fact, we became the food basket of west Africa. Mr. Speaker, we produced so much cotton that we made cotton lint here in Ghana, and not only fed our textiles factories but also exported a lot of our cotton lints. All