The PNC’s Mark Ewusi Arkoh criticizes Cocobod’s new GH¢128 cocoa price, warning it may lead to bean smuggling and harm Ghana’s cocoa sector. He urges fair, competitive pricing for farmers.
The Ghana Cocoa Board (Cocobod) has established a new producer price for the cash crop, which has alarmed a worried cocoa farmer.
The People’s National Convention (PNC) National Youth Organiser, Mark Ewusi Arkoh, claims that the GH¢128 producer price per bag is dreadfully insufficient and will have disastrous effects on the nation.
“This paltry increase will undoubtedly lead to smuggling of beans where farmers are likely to seek better opportunities across borders, which will deprive Ghana of its valuable cocoa revenue,” he indicated in a statement released on Tuesday, August 5.
“The price announced looks uncompetitive and will potentially lead to a reduced yield for this season, and can impact the sector’s overall performance.”
For competitive pricing, he consequently encouraged the government to give the hardships of the average cocoa farmer top priority.
“Farmers toil tirelessly, face numerous challenges to significantly contribute to Ghana’s economy,” he stressed, adding that a thorough must be conducted for fair and competitive price to reflect current market values among neighbouring countries.
Additionally, he exhorted Cocobod to be creative and enhance the value of the farmer’s cocoa beans.
“By valuing, prioritizing, and supporting cocoa farmers, the government ensures the sector’s growth, productivity, and contribution to the national economy.”
