In a candid revelation that has caught the attention of Ghana’s cocoa industry, the COCOBOD CEO has explained the reasons behind the recent payment arrears to cocoa farmers. According to the CEO, delays stem from logistical challenges, funding bottlenecks, and fluctuations in global cocoa prices, which have impacted the timely disbursement of funds.
The statement aims to reassure farmers and stakeholders that efforts are underway to clear arrears and streamline payments, while also highlighting COCOBOD’s commitment to transparency and accountability. Social media has erupted with reactions, as farmers and industry observers debate the causes and potential solutions to the delays.
With cocoa being Ghana’s “golden crop,” all eyes remain on COCOBOD to ensure that payments are expedited and farmers receive what is rightfully theirs.
