{"id":739373,"date":"2019-11-06T19:51:14","date_gmt":"2019-11-06T19:51:14","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/06\/600m-loan-to-revamp-cocoa-sector-npp-explains\/"},"modified":"2019-11-06T19:51:14","modified_gmt":"2019-11-06T19:51:14","slug":"600m-loan-to-revamp-cocoa-sector-npp-explains","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/06\/600m-loan-to-revamp-cocoa-sector-npp-explains\/","title":{"rendered":"$600m loan to revamp cocoa sector – NPP explains"},"content":{"rendered":"

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File photo: Cocoa farmers<\/figcaption><\/figure>\n<\/div>\n

Deputy Communications Director of the New Patriotic Party (NPP), Kamal Deen Abdul, has explained how the $600 million loan will be used to revamp the cocoa sector.<\/p>\n

According to him, cocoa has been the backbone of the Ghanaian economy, hence the need to invest more in it.<\/p>\n

\u201cThe cocoa sector has been the backbone of our economy before and after independence so lets not take it for a granted. It is not the only sector but we have to ensure that we take the necessary steps to ensure the sector doesn\u2019t take a nosedive,\u201d he said on UTV.<\/p>\n

ALSO READ: Nigeria border closure: ECOWAS must intervene \u2013 Consumer expert<\/strong><\/p>\n

He added that the initiative is to increase production capacity and pledged government\u2019s support for cocoa farmers.<\/p>\n

\u201cThis is because we have noticed some cocoa farmers are really struggling to maintain their farms so to aid in production, we have identified these\u00a0farmers and we are going to use part of the loan to\u00a0support them,\u201d he said.<\/p>\n

SEE ALSO: Full List: NDC\u2019s list of 51 family and friends appointed by Akufo-Addo<\/strong><\/p>\n

Source: Adomonline.com | Nana Aba Mensah<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

File photo: Cocoa farmers Deputy Communications Director of the New Patriotic Party (NPP), Kamal Deen Abdul, has explained how the $600 million loan will be used to revamp the cocoa sector. 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