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Kofi Bentil: Collapse COCOBOD to Save Cocoa Farmers

Vice-President of IMANI Africa, Kofi Bentil, has strongly criticized the management of Ghana’s cocoa sector, arguing that the Ghana Cocoa Board (COCOBOD) has shifted from being a support system for farmers to becoming a financial burden on them. Speaking on JoyNews’ Newsfile, Bentil said the institution has strayed far from its founding purpose and now primarily serves a bloated bureaucracy rather than the hardworking farmers sustaining the industry. Bentil drew a sharp contrast between Ghana’s past and present use of cocoa resources. He recalled that the University of Ghana was built from cocoa revenues. A portion of money from each cocoa bag was allocated to fund the project, leading to the establishment of Akuafo Hall, a landmark tribute to farmers’ contributions. This, he said, showed how cocoa income was once strategically used for nation-building. Bentil lamented that today’s cocoa system […]

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Prof. Bokpin Slams NPP, NDC Over Cocoa Sector Failures

Professor Godfred Alufar Bokpin, Professor of Finance and Economist at the University of Ghana Business School, has strongly criticised both the New Patriotic Party (NPP) and the National Democratic Congress (NDC) for decades of mismanagement of Ghana’s cocoa industry. Speaking on JoyNews’ Newsfile, Prof. Bokpin argued that successive governments have consistently failed cocoa farmers, traders, and the nation through short-sighted policies, poor investment, and politically motivated pricing regimes. Prof. Bokpin stressed that both the NPP and NDC must accept responsibility for the current state of the cocoa sector. “Both the NPP and NDC owe Ghanaians an apology big time for their handling of the sector,” he declared. He noted that the latest controversy surrounding the newly announced cocoa producer price reflects a much deeper, structural problem that has left farmers vulnerable and unrewarded for their labor. Once the backbone of […]

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