The Ghana Cocoa Board (COCOBOD) has denied media reports that it plans to increase the producer price paid to cocoa farmers in the 2019/20 cocoa season to GH¢8,000 per tonne.
It said beyond the reports being untrue, they were premature as the Producer Price Review Committee (PPRC), which met every year to fix the farm gate price, was yet to meet and take a decision.
The Head of Public Affairs of COCOBOD, Mr Fiifi Boafo, who said this in an interview on August 8, thus advised cocoa farmers, industry stakeholders and the general public to disregard the reports.
“The information out there is not true; no decision has been made and we are yet to call for PPRC meeting and that is about a month away.
“So nobody has the right, mandate and information to determine what the price will be, and we want the public to disregard any information to the contrary,” he told the Daily Graphic in Accra.