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The Minister for Food and Agriculture, Eric Opoku, has dismissed claims that the government has announced an increase in cocoa prices, clarifying that no such decision has been made.
In an interview on Asempa FM’s Ekosii Sen, Mr. Opoku explained that any price adjustment would require proper consultations and noted that no announcement has been made regarding a price hike.
“We have not announced new cocoa prices. There is no way I would do so without the necessary discussions,” he stressed.
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The misunderstanding arose during a parliamentary session that followed discussions on the February 14 Chocolate Day celebrations. Mr. Opoku took the opportunity to explain that in 2016, the NDC government allocated 66% of the Free on Board (FOB) price to farmers, along with free fertilisers and the development of cocoa roads and solar-powered boreholes in cocoa-growing areas, resulting in farmers receiving about 80% of the world market price.
Mr. Opoku also took aim at the NPP government, stating that its financial decisions have made it challenging to allocate 70% of the cocoa price to farmers.
He emphasised that his remarks were focused on economic challenges inherited from the previous administration, not a price announcement.
He assured that the government will continue to prioritise the needs of cocoa farmers and work towards ensuring fair pricing for the sector.
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