News

Minority calls for the resignation of COCOBOD CEO over mismanagement

The minority party in parliament is calling for Joseph Boahen Aidoo, COCOBOD’s chief executive officer, to quit immediately.

According to the Minority, Aidoo mismanaged the cocoa industry and made the situation for cocoa farmers worse. They contend that he is no longer qualified to serve as CEO.

Minority Leader Dr. Cassiel Ato Forson claimed that the cocoa industry is crumbling in spite of the announcement of a 68 percent rise in the producer price while speaking to journalists in the Ashanti Region.

“Clearly, something is amiss at COCOBOD because we are seeing the production of cocoa coming down to the lowest in the last fifteen years and we have also seen them recording massive losses since 2017. Last year, according to their own audit report, we declared a loss of GH¢2.4 billion in one year and so I don’t see why the CEO should be in office despite these happenings.” Ato Forson said.

Aidoo has been charged by the Minority with corruption and incompetence. They claim he hasn’t made the required changes to the cocoa industry.

The government has also been charged by the Minority for underpaying cocoa producers by raising the cost of a bag to GHC1,300.

The Minority Caucus contends that growers of cocoa ought to have received at least GHC 2,500 per bag.

Follow Writer on Facebook @Nazir Hamzah Blogman

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button