National Food Buffer Stock Company Limited was incorporated under the Companies Code of Ghana, 1963, Act 179 on 11th March 2010.

It is a Limited Liability Company wholly owned by the government of Ghana. The company is governed by an eight-member Board of Directors. The Chief Executive Officer (CEO) is responsible for the day-to-day operations of the company.

The CEO is assisted by other directors and managers. Among other functions, NAFCO purchases excess produce of maize, paddy rice and soya beans from farmers, and then preserves, sells and distributes these foodstuffs to state institutions.

It is also in charge of the government’s Emergency Food Programme.


The Vision of NAFCO is “to become an effective tool for maintaining price stability in the domestic market in support of government economic policy.”


The Mission of NAFCO is “to ensure the security of farmers and insulate them against losses resulting from anticipated increases in the production of cereals, including maize, rice, and soya bean, in order to stabilize prices on the local market as well as earn foreign exchange in support of government and private sector efforts, through sound commercial practices within the parameters of socially, legally and ethically acceptable norms of trade.”


The Core Values of National Food Buffer Stock Company Limited:

  • Integrity and Honesty
  • Accountability
  • Dedication, Timeliness and Quality of Service Delivery
  • Commitment to Teamwork and People-Centered Policies
  • Commitment to Good Corporate Governance Practices

Governing Board

The current Board of the company has the following persons:

Hon. Henry Nana Boakye
Hon. Henry Nana BoakyeBoard Chairman
Hon. Hanan Abdul-Wahab
Hon. Hanan Abdul-Wahab CEO
Mr. Sekyere Lee Frimpong
Mr. Sekyere Lee Frimpong Member
Alhaji Mashud Mohammed
Alhaji Mashud MohammedMember
Dr. Emmanuel Adu-Sarkodee
Dr. Emmanuel Adu-SarkodeeMember
Hon. George Oduro
Hon. George OduroMember
Mr. Nana Ampaw Kwame Addo-Frempong
Mr. Nana Ampaw Kwame Addo-FrempongMember
Velda Atuah Adobea Kusi
Velda Atuah Adobea KusiBoard Secretary

Management Team

The day-to-day administration of the company is handled by:

Hanan Abdul-Wahab
Hanan Abdul-Wahab Chief Executive Officer
Hanan is an Agricultural Engineer and Post-Harvest Expert, a trained development practitioner and a consultant with expertise and experience in grain storage technology and hermetic storage, project…
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Kofi Amankwah
Kofi AmankwahDeputy Chief Executive Officer
Kofi heads the Operations team. He has many years of working experience in different environments.
He holds MSc. in Mental Health; MSc. Agricultural Economics and a BA Hons. Economics.
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Miss Charlotte Antwi
Miss Charlotte AntwiDeputy Chief Executive Officer
Charlotte is an entrepreneur and a business executive with expertise in management and leadership.
She holds a Master of Art in Governance and Leadership from the Ghana Institute of Management and Public Administration (GIMPA); a BS. Operations & Supply Chain Management from the same institution, and a Diploma in Travel & Tourism from Graduate School of Management.
Prior to her appointment, she was the Chief Executive Officer of C-Fast Company Ltd.
Arnold Kojo Akah
Arnold Kojo Akah Senior Manager - Operations
Arnold holds a BSc. Geological Engineering, MSc. Water Resources Engineering & Management.
He previously worked as Hydrologist with the Geological Survey Department of the Ministry of Water Resources…
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Richard Sam-Asante
Richard Sam-Asante Senior Manager – Finance & Administration
Richard holds an MSc. in Accounting and Finance, and a BSc. in Management and Human Resources.

He has previously worked with the Ministry of Energy and Value Plant Ghana Ltd after years of private practice.

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Rita Alale
Rita Alale Senior Manager - Food Safety
Rita holds a BSc in Applied Chemistry and an MSc. in Food Safety, Hygiene and Management.
She previously worked with Food and Drugs Authority (Ghana), Parliament of Ghana and the Ghana Center for Democratic Development ( CDD-Ghana).
Rebecca Mensah
Rebecca Mensah Senior Manager - Human Resources
Rebecca holds a BSc. in Human Resource Management and an MBA in Human Resource Management.

She was the HR Manager at Sintex Container Ghana Ltd. She also worked at Pioneer Food Canary as Employee Grievances and Attendance Officer.

Emmanuel J.K Arthur
Emmanuel J.K ArthurSenior Manager - Corporate Affairs
Emmanuel is a Journalist by profession. He holds a Masters Degree in Media Management from the Ghana Institute of Journalism, BFA in Film & Television from the University of Ghana, Diploma in Journalism from the Ghana Institute of Journalism, Certificate in Social Mobilization from the University of Ghana’s School of Public Health, and a Certificate in Investigative Journalism from the World Bank Institute in Washington DC.
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