The sports category has moved to a new website.

Bawumia directs COCOBOD to stop fertilizer import for cocoa farmers next year

Ghana’s Vice President Dr Mahamudu Bawumia has charged the Ghana Cocoa Board (COCOBOD) to purchase all fertilizers to be supplied to cocoa farmers from local fertilizer companies.

Vice President Dr. Bawumia

Dr Bawumia explained that with the government’s flagship programme of “One-District, One Factory”, there are enough fertilizer factories operating in the country to meet local demands.

He said this when he delivered the keynote address at the 20th Anniversary of the Olam Ghana Cocoa held at the University of Professional Studies (UPSA) in Accra on Wednesday.

He said Ghana and Cote d’Ivoire had agreed to have a stake in determining the Floor Price of Cocoa on the world market and pay income differential to cocoa farmers, starting October in 2020/2021 Cocoa Season.

This, he said, would ensure a living wage for cocoa farmers and improve their sources of livelihoods.

ADVERTISEMENT

Dr Bawumia said the government is committed to establishing a pension scheme for cocoa farmers to guarantee a regular source of income after retirement.

He added that the National Pensions Regulatory Authority (NPRA) is expected to make presentations to the Economic Management Team on the modalities of the Scheme and subsequently submit it to Cabinet for approval.

He said Government was supporting the Ghana Cocoa Board (COCOBOD) to undertake Youth in Cocoa Programme so that they would replace the ageing cocoa farmers and bring fresh energy in the cocoa production industry.

The government is also supporting COCOBOD to undertake Re-planting and Rehabilitation Programme to replace diseased and old cocoa trees in the quest to enhance production and prevent compromising the quality of Ghana’s cocoa beans.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

10 African cities with the highest crime index at the start of 2024

10 African cities with the highest crime index at the start of 2024

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Details of Ngina Kenyatta's luxurious restaurant

Details of Ngina Kenyatta's luxurious restaurant

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

10 African countries with the strongest military power in 2024

10 African countries with the strongest military power in 2024

ADVERTISEMENT