General News of Friday, 5 October 2018Source: Myjoyonline.comCOCOBOD CEO salary slashed by 30% - Government rejects Minority overspending claimKennedy Osei Nyarko, Deputy Agriculture MinisterThe government has shot down the opposition National Democratic Congress’ (NDC) claims of overspending by the COCOBOD. The Deputy Minister was responding to claims by the Minority in Parliament that the government has grown insensitive to the plight of the cocoa farmer. Bia East MP, Richard Acheampong accused COCOBOD of refusing to increase the producer price for cocoa and rather increasing administrative cost. Addressing these concerns, the Deputy Minister explained that the government will have to cough out about GH¢1.3 billion to increase the producer price. The Deputy Minister said per that reduction on the world market, the producer price should have been reduced but the NPP government declined to do so.

Source: GhanaWeb October 05, 2018 05:15 UTC