• About
  • Advertise
  • Privacy & Policy
  • Contact
Newstitbits
Advertisement
  • HOME
  • NEWS
    Alhaji Seidu Agongo

    ALHAJI SEIDU AGONGO: A Philanthropist who believes in love, unity and human co-existence

    For President Mahama, every mother must live. What about you?

    For President Mahama, every mother must live. What about you?

    Gabonese President Nguema lays wreath in honour of Flt Lt J. J. Rawlings

    Gabonese President Nguema lays wreath in honour of Flt Lt J. J. Rawlings

    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
  • HOME
  • NEWS
    Alhaji Seidu Agongo

    ALHAJI SEIDU AGONGO: A Philanthropist who believes in love, unity and human co-existence

    For President Mahama, every mother must live. What about you?

    For President Mahama, every mother must live. What about you?

    Gabonese President Nguema lays wreath in honour of Flt Lt J. J. Rawlings

    Gabonese President Nguema lays wreath in honour of Flt Lt J. J. Rawlings

    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
Newstitbits
No Result
View All Result

COCOBOD CEO must apologise to Mahama over false claims on cocoa forward sales – Minority

November 22, 2023
Reading Time: 3 mins read
COCOBOD CEO must apologise to Mahama over false claims on cocoa forward sales – Minority

The Minority Caucus in Parliament has called out the CEO of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, for lies he peddled against former President John Dramani Mahama.

The group is demanding that the COCOBOD CEO renders an apology to the former president for the untruths he spoke against him regarding the cocoa forward sales.

It would be recalled that, shortly after the announcement of the farm-gate price of cocoa for the 2023/24 cocoa season, former President Mahama criticized government for shortchanging cocoa farmers by pegging the farm-gate price at a paltry GHS1,308 despite a 46-year record-high surge in the world market price.

Mr. Mahama opined that the cocoa farmers deserved far more of the international market price, than they were given by the government.

The CEO Joseph Boahen Aidoo, contradicted President Mahama and questioned his understanding of how the producer price of cocoa is determined claiming that the former President erroneously used $3,600 as the world market price to calculate the producer price.

However, in a press release issued on Tuesday, November 21, the Minority, led by the Ranking Member on the Food and Agriculture Committee in Parliament, stated that the COCOBOD CEO was wrong when he questioned Mr. Mahama’s understanding of how the producer price of cocoa is determined.

The Ranking Member, Eric Opoku declared that “it has now emerged that the CEO of COCOBOD told deliberate falsehood in his desperate attempt to justify the rip-off that the Akufo-Addo/Bawumia government has meted out to our hard working cocoa farmers.”

He added that “according to documents submitted to Parliament by COCOBOD as part of processes for the approval of the syndicated loan for cocoa purchases for the 2023/24 crop season, it was disclosed that only 36.2% of our cocoa for this season was sold forward and used as collateral to secure the $800 million syndicated loan.”

The Minority believes Mahama was clearly accurate thus, demanding that Joseph Boahen Aidoo owes President Mahama, cocoa farmers and the entire nation an unqualified apology.

Previous Post

Akufo-Addo perpetuating culture of silence and fear – Mahama

Next Post

BeInspiredToday: The Scarcity of Genuine People

Related Posts

Alhaji Seidu Agongo

ALHAJI SEIDU AGONGO: A Philanthropist who believes in love, unity and human co-existence

ECOWAS Bank for Investment and Development launches ESG Financing Framework

EBID secures major credit rating upgrade from Moody’s

Pastor Joe Beecham set to ignite Doha as EIC Men’s Ministry celebrates anniversary

Pastor Joe Beecham set to ignite Doha as EIC Men’s Ministry celebrates anniversary

For President Mahama, every mother must live. What about you?

For President Mahama, every mother must live. What about you?

Next Post
#BeInspiredToday: Mere Christianity

BeInspiredToday: The Scarcity of Genuine People

Mahama advises govt to seek multilateral support as dam spillage ravages communities

Akosombo Dam Spillage: Gov’t has released GH₵40m for relief effort

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ALHAJI SEIDU AGONGO: A Philanthropist who believes in love, unity and human co-existence
  • EBID secures major credit rating upgrade from Moody’s
  • Pastor Joe Beecham set to ignite Doha as EIC Men’s Ministry celebrates anniversary
  • For President Mahama, every mother must live. What about you?
  • Business mogul Alhaji Seidu Agongo pledges support for community football league
  • Gabonese President Nguema lays wreath in honour of Flt Lt J. J. Rawlings
  • Africans must go …. But to where?
  • Honouring Rawlings: NDC headquarters to be named after Rawlings on his birthday

[ays_poll id=’2′]

Popular Stories

  • Pastor Joe Beecham set to ignite Doha as EIC Men’s Ministry celebrates anniversary

    Pastor Joe Beecham set to ignite Doha as EIC Men’s Ministry celebrates anniversary

    0 shares
    Share 0 Tweet 0
  • Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    0 shares
    Share 0 Tweet 0
  • Adolf Tetteh Adjei falls sick, rushed to hospital after monumental 5–0 Supreme Court defeat

    0 shares
    Share 0 Tweet 0
  • ALHAJI SEIDU AGONGO: A Philanthropist who believes in love, unity and human co-existence

    0 shares
    Share 0 Tweet 0
  • Business mogul Alhaji Seidu Agongo pledges support for community football league

    0 shares
    Share 0 Tweet 0

ABOUT US

Newstitbits.com is a 21st Century journalism providing the needed independent, credible, fair and reliable alternative in comprehensive news delivering that promotes knowledge, political stability and economic prosperity.

Contact us: [email protected]

@2023 – Newstitbits.com. All Rights Reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH

@2024 - Newstitbits.com. All Rights Reserved.