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Ahiagbah states that NPP’s vision of establishing a pension fund for cocoa farmers is materializing

Ahiagbah

The ruling New Patriotic Party (NPP) has emphasized that cocoa farmers have benefited from highly favorable pricing and incentives during its tenure.

During a press conference in Accra, Richard Ahiagbah, the Director of Communications for the NPP, asserted that the recent announcement of a 68 percent increase in the producer price demonstrates the government’s genuine concern for cocoa farmers.

“This NPP government led by Nana Akufo-Addo thought about Ghanaians and generated that additional income for them, a free $400 living income differential. The dream of this government in the COCOBOD Act for years is realising the dream of creating a pension fund for cocoa farmers and it is becoming a reality,” Ahiagbah stated.

On September 9, President Nana Addo Dankwa Akufo-Addo disclosed a significant 63.6% rise in the farm gate price of cocoa beans, increasing it from GH₵800 to GH₵1,308 per bag for the forthcoming cocoa season.

In response, the National Democratic Congress (NDC) accused the NPP of insufficiently supporting cocoa farmers. The opposition NDC argued that the NPP has not adequately addressed the challenges faced by cocoa farmers, including low prices and inadequate infrastructure.

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