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
-
GIS 2026 – Lack of bankable businesses threatens to stall US$75 million fund’s impact
1 minute -
IGP Special Operations team nab 19 persons over alleged drug peddling
4 minutes -
GEXIM@10: Experts discuss AfCFTA and strategies for export growth
6 minutes -
NPP must aim for decisive 2028 parliamentary Majority — Minority Leader
35 minutes -
Ghana not afraid of Germany like a few years ago – Kurt Okraku
39 minutes -
UNESCO-Ghana, Manhyia Palace Museum seal partnership as 2026 Otumfuo Art Awards launched
1 hour -
Ibrahim Mahama faces Police board as assault probe continues
1 hour -
UK–Ghana study tour strengthens partnership on roads and future transport systems
1 hour -
Renting out your Accra apartment: Should you short-let or long-let in 2026?
1 hour -
Government communication alone won’t fix tomato shortage – Dr Charles Nyaaba
1 hour -
Ghanaian community in Switzerland champions inclusive governance at Diaspora Dialogue Series
2 hours -
UN slavery resolution isn’t binding, but revives calls for reparations – Prof Appiagyei-Atua
2 hours -
Ablakwa expresses deep gratitude to UN member states for backing Ghana’s slavery resolution
2 hours -
Gender Minister engages management, introduces new Chief Director at MoGCSP
2 hours -
Last Gallop: The rise, fall and fight for Horse Racing in Ghana
2 hours
