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NDC transferring over 80% of cocoa value to farmers- Inusah Fuseini
Former Tamale Central MP, Inusah Fuseini, has rejected claims that cocoa farmers are worse off under the current administration, insisting that producers are receiving greater value compared to the previous government.
Speaking on Metro TV, he accused the New Patriotic Party of pushing what he described as misleading propaganda about cocoa prices.
He explained that when the NPP was paying 3,100 cedis per bag of cocoa, the exchange rate stood at about 17 cedis to one US dollar.
Based on that rate, he argued that farmers were effectively earning around 182 dollars per bag.
According to him, this amount was lower than what farmers receive today when converted into dollar terms.
Fuseini stated that upon assuming office, the National Democratic Congress pegged the cedi at a stronger rate against the dollar and adjusted cocoa prices accordingly.
He noted that when the producer price was set at 2,650 cedis, the equivalent value was about 252 dollars per bag, which he maintained was significantly higher than the earlier figure.
The Chairperson of the Public Accounts Committee (PAC) Abena Osei Asare has expressed concerns about the failure of the Administrator of the Ghana Education Trust Fund (GETFund) Mr. Paul Adjei to honour invitation of the Committee to assist in dealing with abandoned projects cited in the 2024 Auditor-General’s report.
She emphasised that some of the projects have been abandoned for more than 20 years and it kept reoccurring in the Auditor-General’s report yearly, stressing that the GETFund Administrator could assist by prioritising these projects.
However, he has failed to personally appear before the Committee since the commencement of the Committee’s public hearing in the 9th Parliament.
According to the 2024 Auditor-General’s report on Pre-University Educational Institutions, nine (9) Institutions with 16 projects awarded by the GET Fund Secretariat had been abandoned/delayed for a period ranging between three (3) and 28 years.
Some of the affected schools include Adanwomoase Senior High School (Boys and Girls dormitory abandoned for 12 years), Atoa Senior High School (Home Economics Block abandoned for 27 years), Beposo Senior High School (Dinning Hall and Kitchen Complex abandoned for 10 years and lastly KNUST Senior High School (Three storey classroom block abandoned for 20 years).
The Parliamentary Select Committee on Energy continued its oversight responsibilities with a working visit to the National Petroleum Authority (NPA) yesterday.
Chairman of the Committee, Emmanuel Kwasi Bedzrah, said the visit formed part of efforts to familiarize members with the Authority’s operations and to explore ways Parliament could provide the necessary support.
He explained that the NPA’s work is focused on regulating Ghana’s downstream petroleum sector, a critical area for national energy security.
Mr. Bedzrah noted that the Committee is particularly interested in assessing whether the country has adequate petroleum stock to meet demand.
He noted that rising geopolitical tensions, including the ongoing US–Iran conflict, could have adverse effect on Ghana’s energy supply and pricing.
He further disclosed that the Committee intends to engage closely with the Authority on a proposed new petroleum bill.
According to him, a draft of the legislation will be reviewed and possibly presented to Parliament under a certificate of urgency.
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