"This new price of GH¢3,228.75/bag to is completely unacceptable and has be reviewed immediately to motivate our cocoa farmers and prevent the temptation of farmers giving their cocoa farms out to galamsey operators.

At a press conference in parliament addressed by Dr. Isaac Yaw Opoku, the Ranking Member on the Committee on Food Agriculture and Cocoa Affairs on Tuesday, August 5, 2025, stated that there is a need to safeguard the cocoa industry, protect farmers' livelihoods and maintain Ghana's enviable position in the industry, hence the current price should be reviewed and farmers given a better price.

Government through the finance Minister recently announced a new price of GH¢3,228.75/bag; but the Minority would have none of it describing it as "completely unacceptable".

"The government must come again and offer a better price. Cocoa Farmers matter and demand better!! "If you cannot spell, you do not write".

The Minority asserts that the price of GH¢3228.75 per bag of 64 kilos announced by the government constitutes a paltry 4.2% increase over the current price of GH¢3,100.00. “Our hardworking farmers deserve better than this “SAKAWA” price of GH¢3228.75.”

“Ladies and Gentlemen of the press, when the world market price peaked at $10,000 per ton, the NDC incited cocoa farmers to demand nothing less than $6,000/ton which translated to GH¢6,000/bag, This year, the world market price peaked at $12,000/ton. So where is the $7,200/ton coming from If for nothing at all, at today's world market price of $8,211.23/ton, 70% translates to 84,986.23/ton or 3,718/bag and not the GH¢3228.75/bag.”

According to the Minority, this new farm gate price of GH¢3,228.75/bag is ridiculous, laughable, comical, absurd, shameful, unfair and a stab in the back of cocoa farmers. This is complete "SAKAWA” and unacceptable.

The Minority wants the lectures and justifications on the factors that go into the determination of the cocoa price to stop and the prices reviewed to empower the farmers.