ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

COCOBOD refutes Mahama’s claim cocoa industry is dying, says Ghana is world’s 2nd highest producer

Fri, Apr 28 2023 1:49 PM
in Ghana General News
cocobod refutes mahamas claim cocoa industry is dying says ghana is worlds 2nd highest producer
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT

The Management of Ghana Cocoa Board (COCOBOD) has urged the general public to dismiss former president John Mahama’s claims that the cocoa industry is collapsing.

According to the management, contrary to the former president’s claims, the industry saw the highest-ever cocoa production volume in the 2020/21 season, adding that cocoa producer price has seen a significant increase in the past three years.

In a press release dated April 27, COCOBOD stated that Mr Mahama’s comments are not only misleading but also detrimental to the cocoa industry.

“We further wish to put on record and also assure the general public that the cocoa industry is not collapsing as being portrayed by the former President. Ghana recorded its highest-ever cocoa production volume of 1,045,500 metric tonnes in the 2020/21 Crop Season,” the management stated.

They added that “a cocoa industry which holds the position as the second highest producer in the world cannot also be said to have collapsed. COCOBOD continues to invest in interventions which will ensure not just the sustenance but the growth of the industry.”

The rebuttals come after former president John Mahama said the country’s cocoa sector is on the verge of collapse because of the mismanagement of the sector by the government.

ReadAbout

Shell submits offer to join Ghana’s Pecan Oil Field project – Mahama

GAF promotes young soldier who rejected galamsey bribe  

Ablekuma North violence: Ghana’s democracy on a knife’s edge – Prof Kwesi Aning warns

Addressing party supporters and branch executives at the start of a two-day campaign tour of the Western North Region, he said the government’s failure to adjust the producer price of cocoa annually, and delayed payment of farmers for cocoa beans have combined with other factors to destroy the sector.

He also stated that “Under the previous NDC administration, we ensured that there was an upward adjustment in the producer price every year. But that is not the case with this government.”

John Mahama also referred to a farmer who said he will give out his land for ‘galamsey’ widely known as illegal mining because the returns are far better than farming.

“He doesn’t mind selling his farm for galamsey because there’s no profit from the cocoa business today. Payment of farmers for their cocoa purchases is no longer instant and there do not get any bonus. Farmers must now wait for three to four months to receive payment”, he added.

However, COCOBOD addressing Mr Mahama’s price adjustment claims stated that there was no upward price adjustment every year adding “within a three-year period of the Former President’s administration, i.e. the 2010/2011 to 2012/2013 crop season, there was a total of 6% increase in the producer price. In contrast, within the last three years, there has been a 23%, 0% and a 21% increase in the producer price of cocoa.”

On galamsey, the management admitted that illegal mining operations pose a significant danger to the country but Mr Mahama cannot rationalise the conversion of the land to the galamsey site as the reason for the industry’s collapse.

“This menace has the potential to negate all the investments made by the government to modernise cocoa farming and improve productivity. It is, therefore, crucial that prominent figures in our society exercise caution when making public statements that rationalize cocoa farmers trading their farms for temporary monetary benefit through illegal mining.”

Read the full document below:

COCOBOD refutes Mahama's claim cocoa industry is dying, says Ghana is world's 2nd highest producer
COCOBOD refutes Mahama's claim cocoa industry is dying, says Ghana is world's 2nd highest producer
COCOBOD refutes Mahama's claim cocoa industry is dying, says Ghana is world's 2nd highest producer

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policies of Homebase Television Ltd.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Shell submits offer to join Ghana’s Pecan Oil Field project – Mahama

Shell submits offer to join Ghana’s Pecan Oil Field project – Mahama

0
Forestry guard’s body discovered in bush after manhunt  

Forestry guard’s body discovered in bush after manhunt  

0

GAF promotes young soldier who rejected galamsey bribe  

Ablekuma North Rerun inflames Ghana’s pervasive electoral violence crisis

Bailiff jailed four years for forging judge’s signature

Ablekuma North violence: Ghana’s democracy on a knife’s edge – Prof Kwesi Aning warns

Paediatric Society of Ghana launches National Child Road Safety Campaign

We need to tighten security ahead of future elections – NDC’s Nuong Faalong urges

Ablekuma North violence ‘sad and unfortunate’ – Sulemana Braimah

President of Concerned Small Scale Miners refutes allegations of intervening in Anti-Galamsey Taskforce operations

  • Ghana and Japan agree to pursue UN Security Council reforms

    Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
  • I resigned because of Prez. Mahama, NDC – former GBA President

    0 shares
    Share 0 Tweet 0
  • Rastafarian student Oheneba Nkrabea graduates from GIS after Achimota saga

    0 shares
    Share 0 Tweet 0
  • We slept in the same bed, but Ken Ofori-Atta’s legacy betrayed our hope – Frank Adu Jnr

    0 shares
    Share 0 Tweet 0
  • Perseus Mining Ghana announces leadership transition

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.