Minority Caucus Criticizes NDC Government Over delayed of Cocoa Adjustment Price

Minority Caucus Criticizes NDC Government Over delayed of Cocoa Adjustment Price

The Minority Caucus in Parliament is criticizing the Majority over the delay in increasing cocoa prices. They said that the delay is unfair to cocoa farmers, who are not benefiting from the current high global cocoa prices.

They are calling them to stop making excuses and take immediate action to increase the producer price of cocoa to better serve the interests of cocoa farmers.

This follows a recent statement from the Ghana Cocoa Board (COCOBOD), which cited the absence of a Board of Directors and a Producer Price Review Committee as reasons for the delay in adjusting the price.

Addressing a press conference in Kumasi today Dr. Isaac Yaw Opoku, Ranking Member on the Food, Agriculture, and Cocoa Affairs Committee, expressed deep disappointment over the government’s failure to revise the cocoa price for the 2024/2025 season.

He described the situation as a major disservice to hardworking cocoa farmers and a clear deviation from the National Democratic Congress (NDC)’s promises, referencing page 43 of the party’s manifesto, which outlines commitments to improving conditions for cocoa producers.

The Minority is urging swift action to ensure that cocoa farmers receive a fair return for their produce, especially in the face of rising costs and economic pressures.

Key Issues:

Delayed Price Increase: The Minority is pushing for an immediate increase in cocoa prices, citing the surge in global prices.Impact on Farmers: The delay is affecting cocoa farmers who are not getting a fair share of the profits from the high global prices.
Government’s Response: The government has been criticized for not taking swift action to address the issue, with the Minority calling for a review of the cocoa pricing mechanism.

Source:Justice Baffour Awuah//www.dailywatchgh.com