NPP Demands Review of GH¢2,650 Cocoa Producer Price

The New Patriotic Party (NPP) has challenged the government’s decision to set the producer price of cocoa for the 2026/27 season at GH¢2,650 per 64-kilogramme bag, calling for a review of the price.

The opposition party says the new price is inadequate and alleges that it falls below the statutory minimum required under the Ghana Cocoa Board Act, 2026 (Act 1182).

In a statement dated September 27, the NPP said the new price represents an increase of only GH¢63, or 2.4%, from the GH¢2,587 per bag paid at the close of the 2025/26 season.

COCOBOD has stated that the GH¢2,650 price represents 71.18% of the realised gross Free-on-Board (FOB) value of cocoa.

However, the NPP disputes the calculation and is demanding greater transparency over the figures used to arrive at the announced price.

The party said the new law guarantees cocoa farmers a minimum of 70% of the realised gross FOB price and argued that the government’s pricing decision should therefore be reviewed.

The government announced the new producer price on September 25, 2026, increasing the price from GH¢41,392 to GH¢42,400 per tonne, equivalent to GH¢2,650 per 64-kilogramme bag.

The NPP also criticised the government over what it described as a failure to fulfil campaign promises made to cocoa farmers ahead of the 2024 elections.

According to the party, leading members of the National Democratic Congress (NDC), including President John Dramani Mahama and other senior officials, promised cocoa farmers a producer price of GH¢6,000 per bag during the campaign.

The NPP said the current price falls significantly below that campaign promise and called for the government to reconsider its decision.