{"id":254479,"date":"2016-10-03T15:55:20","date_gmt":"2016-10-03T15:55:20","guid":{"rendered":"http:\/\/citifmonline.com\/?p=254479"},"modified":"2016-10-03T15:55:20","modified_gmt":"2016-10-03T15:55:20","slug":"npp-will-revive-ailing-cocoa-sector-bawumia","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/10\/npp-will-revive-ailing-cocoa-sector-bawumia\/","title":{"rendered":"NPP will revive \u2018ailing\u2019 cocoa sector – Bawumia"},"content":{"rendered":"

Dr. Mahamadu Bawumia, running mate to the New Patriotic Party (NPP) flagbearer, has promised that an NPP government after the December polls, will revive what he calls the ‘ailing’ cocoa sector.<\/p>\n

According to him, the governing National Democratic Congress (NDC), has failed to sustain the growth of the cocoa industry after 8 years in power.<\/p>\n

He said the Mahama-led administration is collapsing the once vibrant sector with its poor policies.<\/p>\n

He also accused the NDC of skewing policies such as the mass cocoa spraying programme introduced under the administration of the former President John Kufour, to benefit only NDC loyalists.<\/p>\n

Dr. Bawumia was addressing residents in the Adamkwaman community in the Central Region, where he is currently touring as part of his election 2016 NPP campaign.<\/p>\n

\u201cFor the cocoa business that has dwindled, we are going to revive it. Under the President Kufour administration, the mass spraying exercise was doing well\u00a0without discrimination… The NDC has politicized all of Kufour\u2019s interventions. We will give farmers fertilizers to help them in their work. That is why we must vote them [NDC] out and bring in Nana Addo to effectively do all of these for cocoa farmers,\u201d he said.<\/p>\n

\u2018Government increases producer price of cocoa\u2019<\/strong><\/p>\n

Government on Saturday [October 1] announced an increase\u00a0in the producer price of cocoa<\/a><\/strong><\/span> by 11.76%.<\/p>\n

A 64kg bag of cocoa, which previously sold at GH\u00a2425, will now be sold at GH\u00a2475.00, an 11.76% increase, representing a 77.45% increment of the net of the FoB [Free on Board].<\/p>\n

The Deputy Minister of Finance, Ato Casseil Forson made the announcement\u00a0at the celebration of the International Cocoa Day at Tepa, in the Ahafo Ano North District of the Ashanti region.<\/p>\n

The celebration was under the theme, \u201cTransforming the cocoa sector for economic growth- The role of the youth.\u201d<\/p>\n

The Minister, who doubles as the Chairman of Producer Price Review Committee, said the new price takes effect from October 1, 2016<\/p>\n

\u2018Cocoa farmers unhappy with increase\u2019<\/strong><\/p>\n

But some cocoa farmers in the Ashanti Region expressed disappointment in government over what they describe as a \u2018paltry\u2019 increase in the producer price of\u00a0cocoa<\/a><\/strong><\/span>.<\/p>\n

According to them, they expected an increase from the current \u00a2425.00 per 64kg bag to an amount of over \u00a2500.00. They said the new price still meant their cost will outweigh their income.<\/p>\n

–<\/p>\n

By: Jonas Nyabor\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

Dr. Mahamadu Bawumia, running mate to the New Patriotic Party (NPP) flagbearer, has promised that an NPP government after the December polls, will revive what he calls the ‘ailing’ cocoa sector. According to him, the governing National Democratic Congress (NDC), has failed to sustain the growth of the cocoa industry after 8 years in power. […]<\/p>\n","protected":false},"author":5,"featured_media":221322,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2647,2648],"tags":[8340,42,3,5162],"yoast_head":"\nNPP will revive \u2018ailing\u2019 cocoa sector - Bawumia - Citi 97.3 FM - Relevant Radio. 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