Audio By Carbonatix
Cocoa farmers across parts of the country are raising alarm over delays in payment for their produce, with some saying they have not been paid for beans sold as far back as November 2025 — a situation they warn could threaten cocoa production if not urgently resolved.
Speaking on Nhyria FM’s Kro Yi Mu Nsem with Barima Kofi Dawson, cocoa farmer K. Badu described the situation as dire, noting that many farmers are struggling to survive due to the unpaid beans.
“Approximately 30% of cocoa beans sold to purchasing clerks have not been paid for, forcing many farmers to sell their farms to illegal gold miners because of financial hardship,” he said.
According to him, the prolonged delay is pushing farmers into desperate choices, including abandoning cocoa farming altogether. He warned that if the issue persists, it could lead to a decline in cocoa production, further affecting an industry that remains a major foreign exchange earner for Ghana.
“It’s a desperate situation, and something needs to be done quickly,” the farmer added.
However, COCOBOD’s Head of Public Affairs, Jerome Sam, expressed surprise at the farmers’ complaints when he addressed the matter on the same programme.
Mr Sam said COCOBOD is aware of the concerns but clarified that the Board does not buy cocoa beans directly from farmers. Instead, he explained that international offtakers provide funding for cocoa purchases, which COCOBOD then channels to Licensed Buying Companies (LBCs).
“We are surprised cocoa farmers have been complaining about non-payment since last year. All Licensed Buying Companies that sold cocoa to offtakers under COCOBOD contracts received their payments,” he stated.
He noted that some LBCs do not have international offtakers and therefore rely on their own resources to purchase cocoa beans, a situation he believes may be responsible for the delays being experienced by some farmers.
Mr Sam assured farmers that COCOBOD is engaging the relevant stakeholders to resolve the issue, stressing that the welfare of cocoa farmers remains a top priority for the Board.
Latest Stories
-
Why has Trump eased sanctions on Russian oil – and will it help Putin?
2 hours -
ETI Jumps GH¢0.22, Enterprise Group gains GH¢0.51 as GSE cap hits GH¢292billion
2 hours -
Police arrest five suspects over daring GHS 200,000 Chinese firm heist
3 hours -
The 27 black billionaires you should know
3 hours -
Thomas Partey to deny rape charges, court hears
3 hours -
Prime Insight to dissect Dzata Jet use by Mahama, the GH¢ 68bn audit report scandal and security service recruitment
4 hours -
Suspend security recruitment now — Minority warns of “scam” amid massive youth rush
4 hours -
Parliament passes bill to cut gold mining tax from 3% to 1%
4 hours -
Kidney health in the spotlight: SHEILD Ghana issues urgent call for national action on World Kidney Day
5 hours -
Ernesto Yeboah writes: For over 20 years, I have fought a silent battle
6 hours -
‘Heart cleanser’ or toxic cocktail? FDA sounds alarm over ‘Sukudai’
6 hours -
Ghana’s ‘Tier 2’ status under fire: NGOs demand radical action against GH¢7m modern slavery crisis
6 hours -
NPP launches digital membership drive; bans manual dues collection by executives
6 hours -
Learn to win with others – Richard Nii Armah Quaye advises young entrepreneurs
6 hours -
Build yourself first, success requires discipline and time – Richard Nii Armah Quaye tells youth
6 hours
