The opposition National Democratic Congress, NDC, has called on the government to immediately release funds for the purchasing of Cocoa for the 2020/2021 Cocoa Season.
According to a statement issued Thursday, October 22, 2020, the NDC says it is deeply worried that to date, not a pesewa has been released by COCOBOD to License Buying Companies for cocoa purchases since President Akufo Addo declared the cocoa season opened on 2nd October 2020. “This is a sharp departure from the long-standing practice of COCOBOD, which has been to release SEED funds to LBCs for cocoa purchases immediately after the cocoa season is declared opened.”
The NDC says the situation poses danger to Ghanaian indigenous LBCs, their workers, cocoa farmers, and the Ghanaian economy in general, “the NDC hereby demands, that the Akufo Addo-government, as a matter of urgency, releases SEED Funds to LBCs for cocoa purchases in the next 48 hours. This we believe is the only way we can avert a total collapse of the already-collapsing cocoa sector”.
Source: Mybrytfmonline/Obed Ansah
