The suppliers since Tuesday, July 4th, 2023, have been picketing at the company’s premises over their GHS270 million, which represents two years’ arrears for the supply of food items.

In the statement after 48 hours after the picketing, the company said it acknowledge that they owe the suppliers.

Buffer Stock has, therefore, pledged commitment to working with all stakeholders, including the Education and Finance Ministries, to find a resolution to the situation.

Meanwhile, members of the association have spent a third night at the premises amidst threats to not vacate until they are handed their monies.

The group has indicated they feel safe at the place than their homes as creditors are always chasing them.

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Below is the full statement:

According to Bryan Acheampong, the food supply company is also facing challenges in other areas apart from the initial seed capital.

“I was surprised myself when I found out that Buffer Stock is struggling. To the extent that they had the opportunity to feed the Free SHS programme, they have supplied quiet a lot but they are not getting paid in time,” he said.

He made this comment when he appeared before Parliament’s Appointments Committee on Monday.

According to him, when appointed as the sector minister, “ this is something that I will push to reverse immediately.”

He added that although aware of the current challenges, he would advocate strongly for the Buffer Stock Company to be well-positioned.

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“Ranking, be assured I am going to work with you to ensure that Buffer Stock is resourced to do what is supposed to do,” he noted.