The authorities at first provided D500 million dalasi to purchase groundnuts from the farmers. When that was exhausted buying came to a standstill and the National Food Security Processing and Marketing Corporation or GGC explained that they had to take a break in order to do reconciliation so as to avoid the shortage which occurred during the last groundnut trade season.
The break created uncertainty. Now another 500 million dalasi has been approved and Foroyaa can confirm purchases using the Qmoney wallet and farmers can cash out their money from Qmoney agents located not far from the secco.
In the Fonis Qmoney agents appear every other day.
Foroyaa will continue to monitor the trade season and report on any developments.
Foroyaa will also investigate what tonnage is still anticipated to be purchased and the additional sum of money available to purchase more nuts if the just approved 500 million dalasi is exhausted.
