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Prez Mahama Pledges 70% of World Cocoa Price to Farmers, Vows Sector Overhaul

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Accra, Ghana – President John Dramani Mahama has unequivocally reaffirmed his government’s unwavering commitment to ensuring that cocoa farmers receive a dignified and fair reward for their labor, pledging to pay them 70% of the world market price for their produce. The President made this declaration during his ongoing nationwide “Thank You” tour, specifically addressing a durbar of chiefs and people in Juaboso, Western North Region, on Tuesday, July 15, 2025.

President Mahama acknowledged the persistent hardships faced by cocoa-growing communities, citing issues such as historically low prices, inadequate access to extension services, and delays in the distribution of essential cocoa farm inputs. He stated that the Western North Region, a leading contributor to Ghana’s cocoa industry, forms the backbone of the nation’s cocoa production, and their sweat deserves proper compensation.

Beyond the pricing promise, the President announced a significant restructuring of the cocoa rehabilitation program, particularly targeting high-impact areas like Bia and Juaboso, where cocoa yields have been severely affected by the swollen shoot disease and aging trees. Under the renewed leadership of the Ghana Cocoa Board (COCOBOD), the government will prioritize the distribution of improved cocoa seedlings, provide regular and enhanced extension support, and ensure fair compensation for farmers whose lands undergo rehabilitation.

This commitment to a 70% share of the world market price is a cornerstone of the government’s broader strategy to revitalize Ghana’s cocoa sector, improve farmer livelihoods, and stimulate agricultural growth. President Mahama also highlighted the government’s “Feed Ghana Programme,” designed to support young people interested in agriculture through land preparation services, irrigation systems, youth block farms, and guaranteed market linkages, irrespective of their background.

The President’s tour continues to garner significant public attention as he expresses gratitude to Ghanaians for their overwhelming support in the 2024 general elections.

Ruth Abla ADJORLOLO