COCOBOD Unable To Produce Cocoa To Meet International Obligations Ato Forson Claims

The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has raised serious concerns about COCOBOD's ability to fulfill its international obligations.

According to Dr Forson, the organisation is struggling to produce enough cocoa to meet its contractual commitments with global partners, a situation he attributes to mismanagement and poor decision-making by the current leadership.

Dr. Forson in a tweet on Thursday, August 22, explained that COCOBOD's obstacles in meeting production targets could have severe implications for Ghana's reputation on the international market.

He stated that COCOBOD cannot access the international market because it cannot produce the quality of cocoa needed.

He added that this inability to supply the agreed-upon quantities of cocoa could lead to penalties, loss of trust from international buyers, and a decline in Ghana's standing as a leading cocoa exporter.

This situation, he said, is a far cry from the organisation’s previous successes under past administrations.

Dr Forson urged the government to take immediate action to prevent further damage to Ghana's cocoa industry.

He emphasised the need for transparent and effective leadership at COCOBOD to ensure that the organisation can regain its footing and persist to play its crucial role in the country’s economy.

Without swift intervention, he warned, the long-term consequences could be detrimental to both the industry and the nation as a whole.

"COCOBOD was chased away from the market because COCOBOD is no longer creditworthy, lacks credibility and are unable to produce enough cocoa to meet their contractual obligations," he posted.