The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has been asked to resign by the Minority in Parliament with immediate effect.
The group says the CEO is not fit for purpose for mismanaging the sector and worsening the plight of cocoa farmers.
Despite a 68 per cent increase in producer price of cocoa by the government, the Minority says the sector is collapsing.
Caucus leader, Cassiel Ato Forson, speaking to journalists in the Ashanti region said the COCOBOD has been making losses for the past seven years.
“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,” he noted.
The Minority says Mr. Boahen Aidoo is incompetent, corrupt and has failed to implement the needed reforms necessary to transform the sector.
It has also accused the government of cheating the cocoa farmers with the new producer price, which has been increased from GHC800 to GHC1,300.
The Minority says the cocoa farmers deserved nothing less than GHC2,500 per bag of cocoa.
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