Friday, March 13, 2026
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home General News

Cocoa Price Slash: Minority leader vows ‘Butubutubutu’ in Parliament over farmer losses

February 15, 2026
afenyo

Minority Leader Alexander Afenyo-Markin has announced that a parliamentary showdown is imminent this week in response to the government’s decision to reduce cocoa prices.

He further asserted that the NDC’s actions demonstrate a lack of genuine interest in addressing issues affecting cocoa farmers, instead prioritising rhetoric.

RelatedPosts

Implement mandatory drug testing for security personnel and penalise those who abuse drugs – Analyst

End the extortion: Security service recruitment is now a commercialised racket – Analyst

Security Guard Remanded for Cutlass Attack on Student

The Effutu Member of Parliament accused the government of financially handicapping cocoa farmers by depriving them of rightful earnings.

He emphasised that the crucial issue at stake is ensuring cocoa farmers receive their due payments, rather than superficial discussions among government officials and civil society organisations.

Speaking at the national thanksgiving service held at the University of Professional Studies on February 15, 2026, following the party’s presidential primary, Afenyo-Markin assured that the Minority will raise the issue in Parliament and demand that the government provide farmers with what they deserve.

He stated, “I want to tell the NDC government—and also what I want every NPP member to tell the NDC is—that it is not about the ‘big English’ you speak or what the CSOs will speak. The cocoa farmers need their money, so [pay] them their money. Every cocoa farmer is losing GH₵1,000 per bag. That is the issue we are talking about. So this in Parliament, the Minority, is going to be ‘butubutubutu’ (meaning, there will be a showdown in Parliament).”

​He stressed that come what may, the government will pay the cocoa farmers.

The government has announced a substantial decrease in the producer price of cocoa, reducing it from GH₵3,625 to GH₵2,587 per 64 kg bag for the remainder of the 2025/2026 season.

This adjustment represents a loss of approximately GH₵1,038 per bag for farmers, a decision that has triggered intense political discussion and threats of a parliamentary confrontation from the Minority caucus.

Finance Minister Dr Cassiel Ato Forson cited several critical economic factors for the downward revision, including global market volatility, where international cocoa prices plummeted from an average of $7,200 per tonne in late 2025 to approximately $4,100 by February 2026.

He explained that maintaining the previous farmgate price would have rendered Ghanaian cocoa uncompetitive globally.

Additionally, the Ghana Cocoa Board faced severe cash flow constraints due to the previous price being higher than the current world market value, resulting in buyers’ reluctance to purchase Ghanaian beans.

By: Rainbowradioonline.com/Ghana

ShareTweetShareShare

Related Posts

Asiedu Tetteh

Implement mandatory drug testing for security personnel and penalise those who abuse drugs – Analyst

March 13, 2026
Asiedu Tetteh

End the extortion: Security service recruitment is now a commercialised racket – Analyst

March 13, 2026
court_14

Security Guard Remanded for Cutlass Attack on Student

March 13, 2026
5123

2025 WAEC Distinction Awards: Dr Apaak urges students to uphold discipline

March 13, 2026
5110

The government is digitalising road traffic laws to curb accidents.

March 13, 2026
5098

Armed Robbery Gang Dismantled on Obuasi-Dunkwa Highway

March 12, 2026

Recent News

db7a5900-1ead-11f1-b048-c9424b2cf5fd.jpg

US eases Russia oil sanctions as Iran war pushes up energy prices

March 13, 2026
Asiedu Tetteh

Implement mandatory drug testing for security personnel and penalise those who abuse drugs – Analyst

March 13, 2026
Asiedu Tetteh

End the extortion: Security service recruitment is now a commercialised racket – Analyst

March 13, 2026
court_14

Security Guard Remanded for Cutlass Attack on Student

March 13, 2026
  • Trending
  • Comments
  • Latest
Muntaka-750x375

Monday, March 31, and Tuesday, April 1, 2025, declared as public holidays

March 23, 2025

Something drastic must be done about prices of property in Ghana-Lawyer

June 14, 2021
Screenshot_20230811-133044

17-year-old boy caught having sex with a pregnant dog

August 11, 2023

Rainbow Radio expands its platform presence on 92.4Fm in UK

September 5, 2022

Hello world!

db7a5900-1ead-11f1-b048-c9424b2cf5fd.jpg

US eases Russia oil sanctions as Iran war pushes up energy prices

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

db7a5900-1ead-11f1-b048-c9424b2cf5fd.jpg

US eases Russia oil sanctions as Iran war pushes up energy prices

March 13, 2026
Asiedu Tetteh

Implement mandatory drug testing for security personnel and penalise those who abuse drugs – Analyst

March 13, 2026
Asiedu Tetteh

End the extortion: Security service recruitment is now a commercialised racket – Analyst

March 13, 2026
court_14

Security Guard Remanded for Cutlass Attack on Student

March 13, 2026

Stay Connected test

  • 138 Followers
  • 20.2k Followers
  • 207k Subscribers
  • 23.9k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version