Member of Parliament for Asunafo North, Haruna Mohammed, alleged that the current challenges facing the cocoa sector were rooted in the New Patriotic Party (NPP) administration, which left billions of Ghana cedis in debt at COCOBOD at the time it exited office.
According to him, the current National Democratic Congress (NDC) administration had previously left COCOBOD with a positive equity; however, the NPP’s mismanagement resulted in a debt of GH¢3.8 billion.
“We left the NPP GH¢1.2billion as of 2016, but later, when we resume into power in 2025, we came to meet GH¢3.8billion negative equity; these are not propaganda; it’s an audited account,” he claimed on Angel TV’s Anopa Bofoɔ, Thursday, February 12, 2026.
The MP’s accusation came on the back of the recent national conversation on the challenges facing the cocoa industry and the government’s efforts to find measures to curb them.
He buttressed his statement, disclosing that in an effort to rehabilitate the cocoa farms and plant new species, the NPP administration fell short of the target, leaving most of the rehabilitation work incomplete.
“NPP administration took $350 million from the African Development Bank for rehabilitation to secure 156,400 hectares. At the end, only 40,000 hectares were completed, and in accounting the expenditure, the $350 million was spent without achieving its intended purpose,” he said.
Source: Ernest Kelvin Okanta
