Kojo Oppong Nkrumah, speaking for the Minority, wants Randy Abbey (L) sacked
The Minority in Parliament has called on President John Dramani Mahama to relieve Dr Randy Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), of his duties, citing what it describes as a growing crisis in the cocoa sector.
Speaking to journalists in Accra on Thursday, February 12, the Ranking Member on Parliament’s Economy and Development Committee, Kojo Oppong Nkrumah, stated, “… Respectfully, we ask the president to relieve the COCOBOD Board CEO of his responsibilities at this point in time.”
Ghana sets new producer price for remainder of 2025/2026 cocoa season
The Minority further indicated that the reduction in the producer price of cocoa will have serious consequences for farmers and their families.
They warned that cocoa farmers are already expressing anger and may take to the streets in protest if the decision is not reversed.
“The NDC government should absorb the cost of what they have done and protect the cocoa farmer and restore at least the GH¢3,625 that they promised. This GH¢2,800 or so that they are promising is totally unacceptable.
“Already, we are receiving messages from cocoa farmers who say that if this is what is going to happen, they are going to demonstrate in a number of days. And if they do, we will join them on the streets to do this demonstration,” he warned.
Government to introduce new Cocoa Bill with 70% FOB price guarantee
His comments follow the government’s announcement of a revised cocoa producer price of GH¢41,392 per tonne, or GH¢2,587 per 64kg bag, for the remainder of the 2025/2026 crop season, effective Thursday, February 12, 2026.
The new rate represents a significant reduction from the initial price of GH¢51,660 per tonne set at the beginning of the season.
Watch the video below:
The Minority in Parliament is calling on President Mahama to immediately dismiss the Chief Executive Officer of the Ghana Cocoa Board, Dr. Randy Abbey, over the ongoing crisis facing the cocoa sector.
Watch full video here: https://t.co/vJBwPQ3Pd6#CitiNewsroom #ParliamentGH… pic.twitter.com/hAX4uS3etx
— CITI FM 97.3 (@Citi973) February 12, 2026
JKB/AE
Understanding Ghana’s stock market and how to invest | BizTech