By Mustapha Jallow
The National Food Security Processing and Marketing Corporation (NFSPMC), formerly known as GGC, has recently addressed the issue of farmers’ claims that the corporation still owed them money. The Deputy Managing Director of NFSPMC, Lamin Sanneh, has denied these claims and has stated that the corporation has settled all funds owed to farmers. However, Sanneh acknowledged that some seccos and CPMSs may still owe the farmers over D32 million.
Sanneh explained that the GGC initially budgeted for a specific number of tonnes but bought more due to a successful harvest. He clarified that the shortage was due to the difference between the quantity purchased and the quantity delivered to GGC depots. Sanneh added that the GGC has extended invitations to all seccos and CPMSs with outstanding credit transactions for reconciliation. Only 40 out of 95 seccos responded, and 34 were settled in full, while six were not settled due to reported shortages.
The NFSPMC is committed to ensuring transparency, accountability, and fairness in the groundnut trade. The corporation has vowed to conduct a thorough investigation and recover the money owed by the seccos. Additionally, they aim to support affected regions and strengthen coordination and communication between all stakeholders involved in the groundnut trade process.
Furthermore, the corporation has given D40 million to the 95 seccos as a commission. While this issue is being resolved, the NFSPMC appreciates the cooperation of all stakeholders involved and assures the public of their unwavering dedication to resolving any outstanding issues.
