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Food Price Volatility: A National Security Concern Requiring Urgent Attention


A recent survey on food prices across major markets in Accra has revealed a worrying picture of continuous inconsistency, unpredictability, and strain on both traders and consumers. From Agbogbloshie through Kaneshie to Anyaa, the trend remains unmistakably the same — food prices are swinging sharply, sometimes within weeks, leaving families and businesses in distress.

In Agbogbloshie, one of the capital’s largest food hubs, staples such as tomatoes and onions have seen steep hikes despite recent announcements by the Minister of Food and Agriculture, Mr. Eric Opoku, that food prices have reduced significantly across the country. For instance, a box of tomatoes that sold for GH¢800 only two months ago now costs as much as GH¢1,500, while onions have risen from GH¢900 to over GH¢1,300 — even though these items are currently in season.

The situation affects not only traders, who struggle with sales due to higher costs leading to reduced income and increased wastage, but also households, as families are forced to ration meals or cut down on nutritious options. At the Anyaa Market, the story is slightly different, with seasonal harvests driving prices of some foodstuffs down marginally. However, the lack of consistency in prices over time continues to affect both traders and consumers alike.

The unpredictability of food prices in our markets has serious implications. For families, budgeting becomes nearly impossible, while for the nation as a whole, it exposes the fragility of our food systems — where irregular rainfall, poor storage, and overreliance on imports determine what ends up on the table. Such fluctuations highlight the structural weaknesses in Ghana’s food economy: supply gluts during harvest seasons followed by scarcity and sharp price hikes when supplies run low.

The Ghanaian Times believes that the issue goes beyond temporary discomfort; the time has come for pragmatic steps to address this long-standing problem. Food inflation is not just a market issue but a national development challenge that affects health, productivity, and overall stability. Reliable access to affordable, nutritious food is essential for the wellbeing and productivity of citizens and for the stability of the nation.

For instance, at a time when staples like yam are supposed to be in season, yet a tuber still costs between GH¢30 and GH¢50 due to erratic rainfall, it is clear that there are major challenges with the management of agricultural systems. Traders themselves have pointed to some solutions — including the need for government to strengthen agricultural interventions, ensure that fertiliser subsidies are sustained and accessible, expand mechanisation to boost yields, and manage fuel and transport costs, which largely drive price volatility.

Most importantly, there is an urgent need to build robust storage and distribution systems. Too often, our farmers produce abundantly, only for food to rot due to inadequate preservation and logistics support.

The Ghanaian Times holds that food price stability is not a luxury but a necessity. Policymakers must act with urgency to protect the Ghanaian consumer from the endless price swings in the market. Indeed, food security is a national security issue, and our leaders must treat it as such, taking immediate and coordinated action to ensure stability in the country’s food supply.

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