What do you believe is the single most important factor driving up the cost of living in Nigeria?

The Ghana Cocoa Board (COCOBOD) says the new cocoa crop season which starts tomorrow, September 10, 2024 will be opened with its proposed self-financing plan.

The Finance Minister, Dr. Mohammed Amin Adam has also indicated that the government will be seeking some external funding to support the cocoa sector.

The Chief Executive of COCOBOD, Joseph Boahen Aidoo, has disclosed that the target for the next season has been reviewed down by 19.8 percent due to the unprecedented dry spell witnessed this year.

He recalled that harsh weather conditions have made it difficult for most farmers in the Bono and Western North regions to have a successful planting season.

“The coming season, we initially projected 810,000 metric tonnes but we have reviewed it to 650,000 metric tonnes. This is occasioned by what is happening in West Africa. There is a dry spell. Very unusual. It’s cloudy but it’s not raining”, he said.

• Read More