• About
  • Advertisements
  • Terms of Use
  • Contact
Sunday, July 26, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

1D1F is no more – Trade Minister tells Parliament

by Features
July 9, 2025
Elizabeth Ofosu-Adjare-2
SharePostSendShareSend

The Minister for Trade, Agribusiness and Industry (MOTAI), Elizabeth Ofosu-Adjare, has confirmed to Parliament that the One-District-One-Factory (1D1F) initiative, a flagship programme of the New Patriotic Party (NPP) government, has been cancelled.

She further disclosed that there are currently no incentives available under the now-defunct programme.

“Mr Speaker, I want to draw the House’s attention to the fact that as of now, there is no policy as 1D1F,” she stated during a parliamentary session on Tuesday, July 8, 2025.

New game changer

Responding to questions on the floor of the House, Mrs Ofosu-Adjare indicated that in the absence of 1D1F, the ministry is now focusing on developing agro-processing parks under the 24-hour economy policy.

“The 24-hour economy policy is the new thing on the block and the game changer, which seeks to make Ghana very vibrant irrespective of the minute of the hour or the time of the day,” she said.

“We are doing agro-parks, which seek to be a great game changer, especially in the agro-processing zones. It is being worked on to ensure we can produce around the clock for import substitution, export, foreign exchange, and to create jobs for our teeming youth.”

She made these remarks in response to a question posed by the Minority Leader, Alexander Afenyo-Markin, who sought details on the specific incentives and investment promotion packages being deployed to attract private sector investment following the cancellation of 1D1F.

Mr Afenyo-Markin also inquired about the concrete steps being taken to de-risk private sector investment in the industrial sector, particularly in less-developed districts.

“Is the ministry exploring the establishment of new industrial parks as part of a revised investment attraction strategy?” he asked.

Investment packages and transition

The 1D1F initiative, launched in 2017 by the previous NPP administration, aimed to transform Ghana’s economy from one dependent on raw material exports to one focused on manufacturing, value addition, and export of processed goods.

In her response, Mrs Ofosu-Adjare noted that the 24-hour economy policy, which includes various investment packages, is currently under review and will be presented to Parliament upon completion.

She reiterated MOTAI’s commitment to supporting all industries in Ghana and creating an enabling environment for business growth. Under the new policy, all related incentives would be accessible to businesses.

On whether any 1D1F projects had been integrated into the new 24-hour economy framework, the minister answered in the affirmative.

She also responded to a question from Majority Leader Mahama Ayariga, who asked about transitional measures being considered, given that Parliament had approved tax incentives worth millions of dollars for companies under the 1D1F programme.

Mrs Ofosu-Adjare said the ministry was engaging stakeholders to assess the impact of the cancellation. However, she clarified that the decision to cancel the programme was not hers.

“Since I did not cancel the policy, I would not be in a position to give reasons why remedial measures were not given before the cancellation,” she stated.

Source: Graphic Online

Advertisement Advertisement
Tags: 1DIFElizabeth Ofosu-AdjareFeatured
Share1Tweet1SendShareSend
Previous Post

CDD-Ghana warns of rising threat of “Democracy Capture” in Africa

Next Post

Ablekuma North polls: High court dismisses NPP’s injunction application

Related Posts

Flagship policies missing from 2026 Mid-Year Budget Review
Business

Flagship policies missing from 2026 Mid-Year Budget Review

July 24, 2026
25 Ghanaians file for asylum in Canada after 2026 FIFA World Cup
General

25 Ghanaians file for asylum in Canada after 2026 FIFA World Cup

July 24, 2026
GAF clears 51km on Accra-Kumasi Expressway project, compensation payments begin in June
Business

$1.7 billion reserved for Accra-Kumasi expressway under ‘Big Push’

July 23, 2026
Women’s Development Bank receives GH¢400m initial capital, operations expected by end of 2026
Business

Women’s Development Bank receives GH¢400m initial capital, operations expected by end of 2026

July 23, 2026
50% local cocoa processing mandated under new reform agenda
Business

Gov’t proposes new cocoa pricing framework under COCOBOD reform bill

July 23, 2026
Ato Forson rejects underspending claims, says “we spend only what we have”
Business

Ato Forson rejects underspending claims, says “we spend only what we have”

July 23, 2026
Next Post
Awruabena Aubynn and Nana Akua Owusu Afriye

Ablekuma North polls: High court dismisses NPP's injunction application

  • UGBS relaunches Endowment Fund, inducts new Board of Trustees to support innovation and infrastructure

    UGBS relaunches Endowment Fund, inducts new Board of Trustees to support innovation and infrastructure

    7 shares
    Share 3 Tweet 2
  • GTEC declares SMC’s Doctor of Business Administration (DBA) degree unrecognised

    9 shares
    Share 4 Tweet 2
  • Mahama constitutes ‘Presidential Advisory Group on the Economy’

    3 shares
    Share 1 Tweet 1
  • GCCE welcomes PURC’s EV charging tariff, urges continuous review

    4 shares
    Share 2 Tweet 1
  • “Black Friday”: Meaning, advantages and disadvantages (Article)

    8 shares
    Share 3 Tweet 2

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times