The Member of for Offinso South, Isaac Yaw Opoku, has blasted the government's recent cocoa price adjustment, calling it "laughable" and a "huge insult" to cocoa farmers.
The government raised the producer price of cocoa beans from GH¢49,600 to GH¢51,660 per tonne for the 2025/2026 cocoa year, equating to GH¢3,228.75 per 64kg bag.
Opoku said the administration has failed to fulfill its promise to pay farmers 70% of the Free-On-Board (FOB) value of $7,200 per tonne.
Speaking to Dr Cash on Kumasi-based OTEC 102.9 FM's afternoon political show Dwabrem on Monday, the MP expressed disappointment in the NDC-led administration, accusing them of having "lied their way to power." His criticism mirrors that of the Cocoa Farmers Cooperative Union, which also rejected the new price, describing it as a betrayal of farmers' expectations.
