Audio By Carbonatix
President John Mahama is proposing new legislation to criminalise the destruction of cash crops like cocoa for mining purposes.
According to him, it is economically prudent to cultivate cocoa, which can generate income all year-round, compared to mining, which leaves the land barren once the gold is extracted.
Speaking after a courtesy call from the Ghana Cocoa, Coffee, and Sheanut Farmers Association, he noted that preserving cocoa production is vital for the country’s economy.
“We have to ensure that people are not cutting down cocoa trees to mine gold. Once the land is mined out, it becomes useless, whereas cocoa trees can yield revenue for 30 years or more. It makes more sense to preserve cocoa farms than to mine the land and render it barren for future generations,” Mahama stated.
“We are exploring legislative measures to prevent cocoa farm destruction for mining,” he added.
President Mahama also declared the year 2025 as the "Year of Correction" to bring the cocoa sector back on track.
He criticised the Ghana Cocoa Board under the previous administration for its management of the industry, specifically calling out the spending of GH₵3.4 billion last year, which he says was largely used for administrative and headquarters expenses.
“COCOBOD's total debt today is GH₵ 3.2 billion, and GH₵9 million must be paid by September. This is money that should have gone to farmers but is now being used to service debts,” he lamented.
“Production has declined, yet COCOBOD’s staff numbers have increased, which is counterproductive. In business, when production and revenue decrease, workforce adjustments are made. However, under the previous administration, employment at COCOBOD increased while production dwindled.”
President Mahama emphasised that the key to sustaining cocoa production is ensuring fair pricing for farmers.
He criticised previous policies that saw producer prices fall below 40% and advocated for a minimum of 70% to incentivise farmers.
“In the first four years of the past administration, there was virtually no increase in producer prices, despite currency depreciation. This year will be a year of correction to address these issues and restore the industry to a strong footing,” he noted.
Latest Stories
-
GTA to roll out shuttle buses to boost ‘December in GH’ festivities
3 seconds -
Police restore calm after violent mob attack in Kwame Danso
47 seconds -
Chinese delegation visits National Theatre ahead of rehabilitation
15 minutes -
Police vow to hunt down perpetrators of Kwame Danso court, police station attack
32 minutes -
Yoli Koomson to unveil ‘Daakye Holiday Collection’ at fashion show
41 minutes -
Stop begging abroad while blowing millions on election reruns – Ntim Fordjour slams government’s priorities
49 minutes -
Joseph Appiah launches ‘My 1s’t Creative Dyslexia Audiobook’ at University of Ghana
52 minutes -
Today’s Front pages: Friday, December 12, 2025
1 hour -
ED3L releases OMOG3, a smooth Afrobeats tune with a romantic groove
1 hour -
Rev Daniel Annan says money, power and sex define men’s true masculinity
2 hours -
Dzifa Gomashie credits Maame Dokono and Nana Konadu for shaping her career
2 hours -
Mahama’s position on OSP repeal demonstrates genuine anti-corruption commitment – CDD
2 hours -
Publicis West Africa brings Cannes Lions insights to Africa with ‘Cannes in a Can’
2 hours -
Chinese Ambassador urges balanced reporting on mining sector
2 hours -
Bilateral trade between Ghana and India reaches three billion dollars in 2024
2 hours
