Ace broadcast Journalist, Captain Smart has alleged that former president Akufo-Addo, vice president Dr Mahamudu Bawumia and former finance minister Ken Ofori-Atta have used Ghana’s cocoa as collateral.
According to Captain Smart, President John Dramani Mahama cannot gain anything from Ghana’s cocoa as it has been collateralized for seven years.
Captain Smart asserted that unless by God’s grace, John Mahama could get cocoa over 600,000 metric tonnes before he would gain from Ghana’s cocoa.
Speaking on Onua TV, Captain Smart stated, “Nana Addo, Bawumia, and Ken Ofori-Atta have used Ghana’s cocoa as collateral and have spent the money. So, Mahama is sitting there now ruling the country cocoa unless, after seven years, Mahama would be done with his four years.
Mahama will not gain anything from cocoa unless God’s grace for John Mahama to get cocoa over 600,000 metric tonnes before he will be able to get some money from cocoa”, he stated boldly.
Captain Smart further fired shots at some Ghanaian presenters saying, “Some presenters have collected money and useless things, my wife’s car has spoilt so Frema Opare should give me money, so none of them were able to talk about it”.
The broadcast journalist further revealed Nana Addo, Bawumia and Ken Ofori-Atta have also sold Ghana’s oil.
“As I speak to you Ghana has no gain from cocoa. The oil we have, our oil has also been used as collateral, the oil we have no profit because Nana Addo, Bawumia and Ken Ofori-Atta have also used Ghana oil for collateral. For Akwatia they are luck we no longer extract diamonds like they would have taken it away. For Akwatia all the lands and property have been sold”, he added.
Meanwhile, Eric Opoku, the Minister for Food and Agriculture has revealed the former NPP government’s COCOBOD debts are to blame for cocoa farmers not getting their 70% market price.
According to Eric Opoku, Ghana Cocoa Board is deeply in debt, owing a whopping GHS27 billion to creditors with some GHS5.37 billion of COCOBOD debts to its creditors due this year.
Speaking on the floor of Parliament Eric Opoku detailed, “The former Western Regional Minister indicated to me that Eric Opoku you have the opportunity now, to increase the producer price that was what he told me.
We are fully determined to give Cocoa farmers more than 60 percent we want to give them 70 percent. But they know they have set a trap for us, the trap is that in their handing over notes, they indicated that COCOBOD owes their creditors an amount of GHS27 billion and that GHS5.37 billion is due for payment this year”, he added.
Eric Opoku further added, “What does means is that, this year if you get the money set aside GHS5.37 billion to pay for the debt before you proceed to determine the producer price of cocoa, that is what they have bequit to us.
So it is surprising that after creating this mess, who has the courage, to man pressure on us, to increase producer prices today, while at the same time you are urging us to go and pay debts? If Ghanaian Cocoa farmers are unable to get the 70% they deserve it is because of the huge debts that they have given to us, they have created it”, Eric Opoku added boldly.
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If this is true paa then Addo D and his people really messed up Ghana o. Hmmm 😢 pic.twitter.com/XpFEG9ilK1
— WithAlvin 🇬🇭 (@withAlvin__) February 24, 2025