Audio By Carbonatix
Former General Secretary of the New Patriotic Party (NPP), John Boadu, has taken a swipe at the National Democratic Congress (NDC) over what he described as an unsatisfactory cocoa producer price for the 2025/2026 crop season.
Speaking on Adom TV’s Badwam, Mr Boadu said the newly announced GH₵3,228.75 per 64kg bag is unjustifiable and fails to meet the expectations of cocoa farmers.
“Before they came to power, they estimated 70% of the FBO price to be around GH₵6,000 to GH₵7,000. If the NPP had paid that amount, would the NDC reduce it now that the cedi has gained strength?” he questioned.
He further argued that the appreciation of the Ghana cedi benefits importers rather than farmers or exporters.
“When the cedi gains strength, importers benefit—not exporters or cocoa farmers. They are the worst hit,” he said.
According to him, many cocoa farmers are disappointed and may consider selling their lands to illegal miners due to the unfavourable pricing.
“The farmers are disappointed and sad. Many may be forced to sell their land for illegal mining because the current prices are not favourable,” he warned.
Mr Boadu concluded by urging government to engage in “honest and well-informed discussions” on cocoa pricing instead of what he termed “ignorance and dishonesty.”
Latest Stories
-
Cape Coast Assembly presents 8-year development plan to Vice President
1 minute -
Effective resource planning, mobilisation, others crucial for sustained economic recovery in 2026 – Deloitte
2 minutes -
SDA member drowns after rescuing child at Kokrobite Beach
10 minutes -
Licensed Gold Buyers back Bawa Rock’s Exclusive Aggregator role; rejecting analysis by the minority in parliament
12 minutes -
OB Amponsah recounts missed chance to perform at Michael Blackson’s show
17 minutes -
Dr Peter Anti Partey warns public universities face financial strain from fee freeze, delayed funding
21 minutes -
UK remittance share to Ghana drops to 17.5% as BoG eyes diaspora investment push
29 minutes -
Daily Insight for CEOs: The CEO’s role in Translating Strategy into Annual Execution Plans
37 minutes -
I blame myself, not Anas – Kwesi Nyantakyi reflects on Number 12 exposé
37 minutes -
Dr. Gideon Boako provides fee support to 127 tertiary students in Tano North
42 minutes -
New VAT system: Melcom, Palace Mall confirm reduction in prices due to reform
52 minutes -
Gov’t to commit GH¢500m into revolving housing fund for teachers
53 minutes -
EPA to begin certification and registration of Environmental Management practitioners
56 minutes -
Marriage without conflict is a dead marriage – Counselor Perfect
1 hour -
Excessive BoG policy rate easing could reverse gains in controlling inflation – Deloitte
1 hour
