Politics

Minority blasts COCOBOD over failure to raise Cocoa Producer Price

The Minority Caucus has called on the Ghana Cocoa Board (COCOBOD) and the NDC government to stop making excuses and urgently increase the producer price of cocoa.

This follows COCOBOD’s announcement on April 9, 2025, that cocoa prices would remain unchanged for the 2025/2026 season.

Speaking at a press conference held in Kumasi on Monday, April 14, 2025, the Minority Caucus’ Spokesperson and Member of Parliament for Offinso South Constituency, Isaac Yaw Opoku, expressed deep disappointment in the decision, describing it as a major setback for hardworking cocoa farmers across the country.

“We have called you here to express our concerns about our government’s failure to adjust the producer price of cocoa. As you may be aware, on the 8th of April 2025, Ghana COCOBOD issued a letter titled Cocoa Price Adjustment for the 2025/2026 Cocoa Season,” he said.

He further highlighted the confusion created by COCOBOD’s communications, “Another release was issued by the Public Affairs Department of the same COCOBOD, titled ‘Public Should Disregard Any Statement Suggesting a Producer Price Announcement, ’and they also gave two different reasons as to why they cannot adjust the producer price.”

He emphasized the Minority’s dissatisfaction, stating, “We are shocked and highly disappointed by the two releases, which both point to one fact: the COCOBOD and, for that matter, the NDC government will not increase the producer price of cocoa for the 2025 and 2026 seasons.”

Share
MasemTV Newsroom

Recent Posts

NPP presidential primaries set for Jan 31 as 211,849 delegates vote at 333 centres

The New Patriotic Party (NPP) has announced that it is fully ready to conduct its… Read More

5 hours ago

Finance Ministry enforces local cargo insurance for imports from February 1

The Ministry of Finance has directed that, beginning February 1, 2026, all goods imported into… Read More

5 hours ago

High Court revises bail terms for Mustapha Hamid, nine others

The High Court in Accra has reviewed and amended the bail conditions of former Chief… Read More

5 hours ago

IMF cautions against Eurobond enthusiasm, backs domestic borrowing as safer option

The Director of the African Department at the International Monetary Fund (IMF), Abebe Aemro Selassie,… Read More

5 hours ago

NIA reviews charges for selected Ghana Card services

The National Identification Authority (NIA) has announced an upward revision of fees for some of… Read More

5 hours ago

U.S. Embassy in Accra to roll out FIFA Pass for 2026 World Cup visa applicants

The United States Embassy in Accra has announced plans to introduce a new arrangement aimed… Read More

22 hours ago