By Franklin Asare-Donkoh
The Chief Executive Officer of the National Food Buffer Stock Company (NAFCO), George Abradu-Otoo, has said the Akufo-Addo–Bawumia-led New Patriotic Party (NPP) government left the company with debts exceeding GH¢40 million.
According to him, management is working around the clock to clear outstanding payments owed to suppliers, which he inherited upon assuming office.
Speaking in an interview on Channel One TV’s current affairs programme Face to Face on Tuesday, 3 February 2026, Mr Abradu-Otoo said he could not state the exact amount of the debt but estimated it to be between GH¢40 million and GH¢49 million.
“When I assumed office, I saw a list of outstanding payments to suppliers that had not been settled. I can’t recollect the exact figure, but I think it is about GH¢40 million or GH¢49 million. We will pay. So far, the funds have not been released, but the suppliers understand that we will honour the payments,” he said.
Mr Abradu-Otoo assured suppliers of management’s commitment to settling the arrears once funds are made available, stressing that the company remains determined to meet its financial obligations.
