Audio By Carbonatix
The Minority in Parliament has raised concerns about the management of the Ghana Cocoa Board (COCOBOD), criticising the rising administrative expenditures amidst declining cocoa production.
According to the caucus, cocoa production dropped to 655,000 tonnes over the last four years, while COCOBOD’s head office expenditure surged to approximately GH¢3.4 billion in 2023.
During an interaction with journalists in Accra on Wednesday, August 7, the Ranking Member on the Food, Agriculture, and Cocoa Affairs Committee of Parliament, Eric Opoku, expressed these concerns.
Mr Opoku criticised COCOBOD for allegedly misusing funds that should be paid to farmers and questioned if the cocoa was being grown at the office.
He urged COCOBOD to be more prudent in its expenditures and focus on the well-being of the farmers.
“In 2023, cocoa production declined further to 655,000 but office expenditure did not decline. It increased to GH¢3.4 billion. And the Auditor General reports to Parliament that this is largely due to headquarters expenditure. So COCOBOD head office alone is expending GH¢3.4 billion, while the entire Ministry of Agriculture is expending something around GH¢2.7 billion. Isn’t that strange?"
“The producers are sweating every day to get the cocoa for us. They complain of water, they complain of bad roads, they complain of so many things, they are not getting them.
"Even look at the producer price that we give them and you spend your money this way in the office. So are you growing the cocoa in the office or in the bush?”
Latest Stories
-
NCA engages ISPS on licensing reclassification and review of fees
4 hours -
2nd Deputy BoG boss sounds alarm on digital fraudsters, calls for united front
4 hours -
Parliament renames key universities to reflect focus and location
5 hours -
GES, NADMO move to prevent future bee attacks after Anloga school tragedy
5 hours -
KGL does not operate or conduct 5/90 national lotto, but retails 5/90 national lotto – Razak Opoku
5 hours -
Parliament approves renaming of C.K. Tedam University to University of Technology and Applied Sciences, Navrongo
6 hours -
Former Jasikan MCE returns to Bawumia camp
6 hours -
Daily Insight for CEOs: The CEO’s role in stakeholder engagement and relationship management
6 hours -
Streetlight theft undermining Accra’s illumination effort – Regional Minister
6 hours -
Frequent use of emergency contraceptives could affect fertility, youth warned
6 hours -
Police arrest 8 suspects in Navrongo anti-crime sweep ahead of Christmas
6 hours -
KGL Foundation commissions toilet facility for Adukrom PRESEC
6 hours -
President Mahama pushes reparations, calls for united African front at diaspora summit
6 hours -
Over 2,800 crates of eggs sold at The Multimedia Group’s X’mas Egg Market as consumers express satisfaction
7 hours -
Police to enforce ban on unauthorised use of sirens and strobe lights
7 hours
