Stop making excuses for cocoa price – John Boadu to NDC

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.”

AdomOnline