Audio By Carbonatix
National Democratic Congress’ (NDC) Flagbearer hopeful, John Mahama, has accused President Akufo-Addo of mismanaging the country’s cocoa sector.
According to him, this administration’s mismanagement of the sector has largely contributed to its rapid decline in recent years.
Addressing party faithful at the start of a two-day campaign tour of the Western North Region, Mr. Mahama said the government’s failure to adjust the producer price of cocoa annually and the delayed payment of farmers for cocoa beans are part of the factors destroying the sector.
“Under the previous NDC administration, we ensured that there was an upward adjustment in the producer price [of cocoa] every year. But that is not the case with this government. Price adjustments are taking place after four years. This is what is collapsing the sector,” he said.
According to him, the neglect of the sector over the years has largely contributed to its poor economic performance affecting the livelihood of farmers.
He noted that this has resulted in farmers giving away their lands to illegal miners who are willing to pay more for their activities on the farm lands.
He referred to a farmer who said he will give out his land for galamsey 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 they do not get any bonus. Farmers must now wait for three to four months to receive payment”, he added.
The former president is visiting all nine constituencies in the region and is expected to continue to the Ashanti Region.
Latest Stories
-
Xenophobia: Disregard Malema’s comments on Ghana’s evacuation – Minority urges gov’t
1 minute -
Inyabon MedSync Project strengthens medicine supply in Northern Ghana
3 minutes -
Four more men freed from flooded Laos cave after 10 days
25 minutes -
Millions of breast cancer patients could safely avoid chemotherapy, study suggests
27 minutes -
Liverpool sack head coach Slot
28 minutes -
600 more Ghanaians register for evacuation from South Africa – Ablakwa
38 minutes -
First Lady joins mourners at funeral of Sammy Gyamfi’s father-in-law
44 minutes -
Xenophobic attacks: Abu Jinapor warns against retaliatory attacks on South Africans
45 minutes -
Abu Jinapor urges African Union action over xenophobic attacks in South Africa
57 minutes -
Ghanaian teacher was detained at Dulles Airport for over a week after admitting asylum plans
1 hour -
Novel consultation process on bill caused public confusion – Acting NITA boss
1 hour -
TVET financing model failing students and employers – Eduwatch boss warns
1 hour -
Proposed NITA Bill: Effia MP urges stronger stakeholder engagement
1 hour -
NITA: We’ve been transparent throughout digital bills consultation process – Sam George
2 hours -
CNBC Africa partners KGL Group
2 hours