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
Gov't opts for resource sovereignty following Damang mine transition- Mahama
14:04Concerned affiliates of KNUST Male Halls petition President Mahama over ambassadorial nominee
10:57Gov't moves to revoke Akonta mining lease over creating a 'criminal' illegal mining syndicate
18:20Health Minister appeals for calm at Tamale Teaching Hospital amid ongoing tensions
13:48Businesswoman in $13,000 fraud case remanded again
10:25A/R: Okatakyie Afrifa-Mensah opens borehole project for Agona community
15:06TVET Coordinator urges parents to support technical education to curb youth unemployment
13:33Ghanaian elected Vice President of Middle Temple Young Barristers’ Association of England and Wales
10:10Dr. Bawumia to lead nationwide NPP “Thank You Tour”
14:12Samira Bawumia saves lives: Records zero maternal and neonatal deaths in Saboba through “Safe Delivery Project”
13:17