President John Dramani Mahama has reaffirmed his government’s commitment to paying cocoa farmers 70% of the world market price for their produce.
Speaking during his Thank You Tour in Sefwi Juaboso, Western North Region, on Tuesday, July 11, 2025, the President said the pledge is part of a broader plan to ensure fair compensation and improve the livelihoods of cocoa farmers.
He acknowledged the hardships faced by cocoa-growing communities, including low prices, inadequate extension services, and delayed input distribution.
President Mahama said these issues would be addressed under his administration to restore dignity and reward to the hard work of farmers.
“So let me be clear today, we will ensure our commitment to pay our farmers 70% of the world market price of cocoa.,” he said.
President Mahama also announced a restructured cocoa rehabilitation programme focused on high-impact areas like Bia and Juaboso, where yields have dropped due to old trees and swollen shoot disease.
Under new leadership at COCOBOD, the government will prioritise the distribution of improved seedlings, enhance extension support, and ensure proper compensation for rehabilitated farms.
“We’ve also restructured the cocoa rehabilitation programme, especially in Bia and Juabosu areas, where swelling shoots and old trees have drastically reduced cocoa yields. Under the new leadership of the Ghana Cocoa Board, they will prioritize the distribution of improved seeds, regular extension support, and proper compensation for rehabilitated cocoa farms.”