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Cocoa Arrears: blame game will not solve the problem – Prof. Bokpin Boadi
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Economist and policy analyst, Professor Godfred Bokpin Boadi, has called on government to stop the blame game over cocoa arrears and instead focus on finding practical solutions to address the challenges facing cocoa farmers.
Speaking during a discussion on the issue at joy news, Prof. Boadi said arguing over whether the current or previous government is responsible for the problem will not help farmers who are already struggling.
According to him, governments inherit both assets and liabilities when they take office, and while they often take credit for the assets, they are quick to shift blame when it comes to liabilities.
“Government inherits assets and liabilities. We praise the assets but try to find excuses when it comes to liabilities,” he said.
Prof. Boadi explained that cocoa, like gold, is sold on the international market, and Ghana does not control its price.
He noted that the country only controls production and quantity, while prices are determined globally.
He warned successive governments against politicising commodities such as cocoa, gold, and other export products, saying changes in international prices can easily expose the economy to serious challenges.
According to him, the revenue from cocoa sales in dollars, when converted using the exchange rate, should be enough to pay farmers.
However, fluctuations in global prices and the exchange rate have created a gap between what farmers are promised and what government earns from cocoa exports.
He pointed out that Ghana is currently paying farmers based on a cocoa price of about 5,500 dollars per tonne, while the international market price has dropped to around 4,300 dollars per tonne, creating a shortfall of more than 1,200 dollars per tonne.
Prof. Boadi said the real issue now is how government plans to close this gap to ensure farmers are paid fairly.
He suggested that government could explore options such as using reserves, borrowing, delaying payments, or negotiating new payment arrangements with farmers to manage the situation.
“At the end of the day, the farmer is the one suffering. Whether it is the past government or the current government, the farmer’s problem remains the same,” he said.
He stressed that the focus should be on finding solutions to prevent further hardship for cocoa farmers rather than trading accusations.
The comments come amid growing concerns over cocoa arrears and rising pressure on government to act swiftly to stabilise the cocoa sector.
By: Jacob Aggrey
The Office of the Special Prosecutor (OSP) has taken note of public allegations of extortion and related conduct made against the Minority Leader of Parliament, Alexander Afenyo-Markin.
The allegations were made by the Chief Executive of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
In a brief statement, the OSP said it has also received a joint petition submitted by two persons, as well as two separate petitions from other persons, in relation to the same allegations.
“Given the nature of the allegations, the OSP will assess the case and determine whether it falls within its statutory mandate and whether further investigative action is warranted,” the statement said.
The development comes amid a heated public feud between the Minority in Parliament and the leadership of GoldBod over the operations of the Domestic Gold Purchase Programme.
The Minority, led by Afenyo-Markin, has accused GoldBod and the Bank of Ghana of causing a loss of over $1.7 billion, citing the International Monetary Fund’s August 2026 report. The Minority has vowed to pursue the matter as Parliament has reconvened for an emergency sitting.
GoldBod, on the other hand, has rejected claims by some NPP MPs, including Tano South MP Dr Gideon Boako, that it owes the Bank of Ghana GH¢1 billion in overdrafts, describing the claim as “false and malicious.”
In the latest twist, GoldBod CEO Sammy Gyamfi has accused the Minority Leader of extortion and related conduct, an allegation that has triggered petitions to the OSP.
The OSP is mandated under Act 959 to investigate and prosecute specific cases of alleged or suspected corruption and corruption-related offences involving public officers and politically exposed persons.
By Edem Mensah-Tsotorme
General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has filed his nomination to contest the position of General Secretary again as the party begins its rebuilding efforts ahead of the 2028 general elections.
He was accompanied by party stalwarts and supporters who were in high spirits, expressing confidence that he is the right person to hold the position.
Speaking after filing his nomination, Mr Kodua Frimpong assured the rank and file of the party that he would not disappoint them.
“I can assure you that the faith the rank and file of the party have had in me, I will never disappoint them,” he said.
He also pledged to run a clean campaign devoid of personal attacks.
“I can assure you that our internal campaign will be devoid of personal attacks,” he told his fellow contestants and the rank and file of the party as he seeks to retain his position.
His tenure has seen the party through the 2024 general elections, where the NPP lost power to the National Democratic Congress (NDC) after eight years in government.
The party is currently in a rebuilding phase, with internal elections scheduled to elect new national executives to lead its reorganization towards the 2028 polls.
The General Secretary position is considered one of the most influential in the party’s administrative structure, responsible for the day-to-day running of the party secretariat and implementation of party decisions.
By Edem Mensah-Tsotorme
