Bryan Acheampong camp refutes Boahen Aidoo’s claims on cocoa syndication reform

The campaign team of Dr. Bryan Acheampong has dismissed recent remarks by former COCOBOD Chief Executive, Joseph Boahen Aidoo, over the cocoa syndication reform, describing his claims as contradictory and misleading.
In a statement, the team noted that while public debate is healthy in a democracy, it must be rooted in facts, consistency, and respect for institutional processes.
They emphasised that Dr. Acheampong, who is currently focused on his presidential campaign, continues to urge his supporters to remain united and disciplined, stressing that his vision for Ghana is anchored in transparency, bold ideas, inclusive leadership, and results-driven policies—rather than “personal attacks or revisionist narratives.”
The statement outlined key facts surrounding the reform, pointing out that:
As Minister for Food and Agriculture, Dr. Acheampong formally presented a Cabinet memo recommending the cancellation of Ghana’s syndicated cocoa loan.
He publicly led the policy shift, ending the country’s 32-year reliance on offshore syndicated loans.
Under his leadership, the producer price of cocoa was increased by 278%, rising from GH¢800 in 2022 to GH¢3,100 in 2024—an unprecedented adjustment that directly benefited farmers.
The team said Mr. Aidoo’s claim that he only “heard” of Dr. Acheampong’s Cabinet presentation contradicted his own assertion of having authored the policy.
“If he indeed spearheaded the initiative, it is illogical to suggest he was unaware of its formal submission or public rollout,” the statement noted, adding that the former COCOBOD CEO’s position appeared to be “an unfortunate attempt to undermine what should be recognised as a shared achievement of the NPP.”
Source: Classfmonline.com/cecil Mensah
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