The New Patriotic Party (NPP) has taken aim at the government’s newly announced producer price for cocoa, claiming it falls short of both legal requirements and campaign promises made to Ghana’s farmers.
In a press statement dated September 27, the NPP criticized the decision to set the price for the 2026/27 cocoa season at GH¢2,650 per 64-kilogramme bag. The party described the increase, just GH¢63, or 2.4 percent above last season’s price, as inadequate, and alleged that it does not meet the minimum set by law.
Citing the Ghana Cocoa Board Act, 2026 (Act 1182), the NPP argued that the law requires the producer price to be at least 70 percent of the Gross Free-on-Board (FOB) price realized by COCOBOD. While the government claims the new price stands at 71.18 percent of this benchmark, the NPP disputes the calculation and called for greater transparency in how the figures were determined.
The party’s criticism comes on the heels of the government’s announcement of the new price on September 25. The NPP also accused the administration of failing to live up to promises made on the campaign trail in 2024, when prominent National Democratic Congress (NDC) figures, including President John Dramani Mahama and several ministers, pledged a producer price of GH¢6,000 per bag to farmers.
At the time, opposition leaders had labelled the then-current price of GH¢3,100 per bag as exploitative and asserted that farmers deserved at least 70 percent of the world market price. The NPP maintains that the government’s recent pricing decisions have fallen far short of these pledges, leaving many cocoa farmers disappointed and frustrated as the new season approaches.
Source: Apexnewsgh.com