Cocoa Price Politics : COCOBOD CEO Dares John Mahama to Provide Clarity on GHC28 Million Farmer Pension Funding


Honorable Joseph Boahen Aidoo, the CEO of Ghana Cocoa Board (COCOBOD), has challenged former President John Dramani Mahama to provide concrete evidence of a GHC28 million pension fund for cocoa farmers, following a recent statement by the National Democratic Congress (NDC).

This call for transparency comes in response to claims made by the NDC, stating that they have established a substantial fund to support Ghana’s cocoa farmers. Aidoo, however, pointed out that there has been no tangible proof or documentation of such a fund’s existence.

The COCOBOD CEO’s challenge emerged after the NDC’s Communications Officer, Sammy Gyamfi, announced the creation of a 28 million dollar fund dedicated to supporting cocoa farmers.

He Further emphasized the importance of accountability and transparency in dealings related to cocoa, a crucial industry for Ghana’s economy. He questioned the authenticity of the NDC’s claims, urging them to provide concrete details and evidence of the alleged fund.

In his remarks, Aidoo also highlighted a stark contrast during John Mahama’s tenure as president when cocoa was sold at an international price of USD 2900.00 per ton, while Ghanaian cocoa farmers received only GH¢ 789.00. a sharp revelation that underscores the need for clarity on cocoa-related financial matters and accountability in the industry.