Joseph Aidoo has collapsed COCOBOD: Minority says production falls to 15-year low with ¢2.4bn 2022 loss
The chief executive officer of the Ghana Cocoa Board, Mr Joseph Boahen Aidoo must go for mismanaging the state-owned cocoa company, the minority caucus is demanding.
The minority has accused Mr Aidoo of worsening the plight of cocoa farmers, too, and, thus, his continued stay in office is untenable.
Minority Leader Cassiel Ato Forson told journalists in the Ashanti Region that a 68 per cent increase in tye producer price, the sector is crumbling.
"Clearly, something is amiss at COCOBOD because we are seeing the production of cocoa coming down to the lowest in the last fifteen years and we have also seen them recording massive losses since 2017", he said.
"Last year, according to their own audit report, we declared a loss of GH¢2.4 billion in one year and, so, I don’t see why the CEO should be in office despite these happenings.", Dr Forson noted.
In the minority's view, Mr Aidoo is incompetent to be at the helm of affairs.
Source: Classfmonline.com
Trending News

Archbishop Adonteng Boateng calls for investment in AI education to secure Ghana’s future
08:08
Lands Minister revokes 278 small-scale mining licenses over regulatory breaches
06:56
Dr Yaw Osei Adutwum hails Akufo-Addo’s leadership, urges NPP to stay united for 2028 victory
09:22
Mahama Ayariga leads Parliament to pay tribute to helicopter crash victims
10:48
GTEC publishes expanded list of unaccredited tertiary institutions operating in Ghana
10:08
Ursula Owusu-Ekuful declares bid for NPP General Secretary
09:23
'May the almighty give her rest' PAG mourns former First Lady Nana Konadu Agyeman-Rawlings
08:01
President Mahama swears in new High Court judges, reaffirms gov't's commitment to judicial independence, rule of law
01:08
Fisheries Minister attends 6TH AU session on agriculture, rural development in Addis Ababa
09:19
Fake prophetess jailed five years for defrauding victims of over GHS 27,000
10:41


