COCOBOD unable to produce cocoa to meet international obligations – Ato Forson alleges

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COCOBOD unable to produce cocoa to meet international obligations – Ato Forson alleges

The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has raised serious concerns about COCOBOD’s ability to fulfill its international obligations.

According to Dr. Forson, the organisation is currently struggling to produce enough cocoa to meet its contractual commitments with global partners, a situation he attributes to mismanagement and poor decision-making by the current leadership.

Dr. Forson in a tweet on Thursday, August 22, explained that COCOBOD’s challenges in meeting production targets could have severe implications for Ghana’s reputation on the international market.

“COCOBOD was chased away from the market due to the fact that COCOBOD is no longer creditworthy, lacks credibility and are unable to produce enough cocoa to meet their contractual obligations,” he posted.

This situation, he said, is a far cry from the organisation’s previous successes under past administrations.

Dr. Forson urged the government to take immediate action to prevent further damage to Ghana’s cocoa industry.

He emphasised the need for transparent and effective leadership at COCOBOD to ensure that the organisation can regain its footing and continue to play its critical role in the country’s economy.

Read also:

International Banks have rejected COCOBOD’s loan request to purchase cocoa for 2024/25 crop season – Minority

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