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
-
Ambassador Victor Smith drives investment push in Seattle, meets city leaders and business community
13 minutes -
Afenyo-Markin proud as daughter ventures into entrepreneurship despite his wish for her legal path
21 minutes -
Teacher trainees stage nationwide protest over recruitment backlog and posting delays
1 hour -
AI must empower, not displace people – UNESCO Ghana Representative Moukala
2 hours -
US justice department drops probe into Fed chairman Jerome Powell
2 hours -
President Mahama engages CEO network Ghana on private sector growth and economic transformation
2 hours -
Mason remanded over alleged defilement of 13-year-old stepdaughter
2 hours -
Wa Nursing Training College matriculates 195 Students; MP urges graduates to serve beyond comfort zones
2 hours -
South African Police Service condemns attacks on Ghanaians and other foreign nationals
2 hours -
Mahama reaffirms commitment to completing La General Hospital
2 hours -
2026 JoyNews Impact Awards: 12 changemakers transforming lives across Ghana
2 hours -
Mahama unveils plan to train 300,000 in Coding and AI this year
2 hours -
Ghana and South Africa navigate diplomatic strain as xenophobic attacks undermine historic ties
2 hours -
Suspected Boko Haram militants kill at least 20 in northeast Nigeria attacks, local officials say
2 hours -
More than 840,000 workers die annually from workplace stress and harassment, ILO report finds
2 hours