The Ghana COCOBOD, which was established in 1947 by the colonizers to exploit cocoa farmers in the then Gold Coast seems to have extended this basic objective on which it was established into our independent Ghana.
For 72 years, the institution has been exploiting our local cocoa farmers by paying undeserving fractions of the global cocoa market without paying any form of social security to support or secure the future of the poor hardworking cocoa farmers in the country.
Despite under paying farmers for nearly 72 years, the institution is still unable to accumulate enough financial capital to purchase annual farmers’ produce but rather relies on foreign loans to purchase farmers produce year-in and year-out.
Earlier this week, the Cocobod announced to the media that it has begun talks with some banks outside the country to help facilitate about US$1.3 billion needed to purchase cocoa beans in the upcoming 2019/2020 crop season.
Sadly but consistently, our gold is owned by foreigners, our oil is owned by foreigners, and it has become the case that every naturally endured resource in our country is being controlled not by us and we are adding also, this precious commodity that comes from the toil of the poor farmer.
Why can’t we not allow the farmers to negotiate and sell their products privately? After all, it is their sweat and effort and they deserve to enjoy their labour better than some men in suits!
Maybe, the time has come for us to speak out; the interest of the cocoa farmers must be known to be a national interest.
If COCOBOD cannot be seen to be useful to the interest of cocoa farmers, then let us allow the farmers to privately negotiate and sell their produce and pay taxes in return just like the man in the office! Stop exploiting cocoa farmers! Enough is enough!