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Release funds to LBCs – Cocoa farmers appeal to government

Release funds to LBCs – Cocoa farmers appeal to government
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Release funds to LBCs – Cocoa farmers appeal to government

Cocoa production in Ghana is expected to reach 800,000 tonnes this season, COCOBOD has said Some cocoa farmers in the Western North Region have raised concerns on the need for the government to make available monies to Local Buying Companies (LBCs) to enable them to buy their produce. Inadequate funds at cocoa buying companies have brought an adverse effect on the livelihoods of farmers. Cocoa farmers in the country have over the years relied solely on LBCs for their income but most LBCs in the region have not been able to meet demands of their farmers in terms of payment for the sale of cocoa produce.

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