Dr. Owusu Afriyie discloses when License Buying Companies and cocoa farmers will be paid debt owed by government

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Dr. Owusu Afriyie Akoto
Dr. Owusu Afriyie Akoto

Dr. Owusu Afriyie Akoto has disclosed when License Buying Companies (LBCs) and cocoa farmers will be paid debt owed by government across the Country.

The Minister Designate for Food and Agriculture, Dr. Owusu Afriyie Akoto, has disclosed that government, through COCOBOD, will start paying its debt owed to License Buying Companies (LBCs) and cocoa farmers across the country on Monday 22nd February 2021.

READ ALSO: Buem farmers are owed GH¢11 million representing 16,750 bags of the cocoa beans – Kofi Adams

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According to him, about $1.3b is expected to be used to pay all outstanding debts of the LBCs. The Minister Designate for Food and Agriculture, made this known when he appeared before the Appointments Committee.

READ MORE: Dr. mahamudu Bawumia launches Cocoa Management System, a technological innovation by the Ghana COCOBOD

One of the flagship programmes of the Government, Planting for Food and Jobs and how it has impacted on farmers, access to loans and distribution of fertilizers were some of the major areas the nominee was questioned.

SOURCE: Coverghana.com.gh

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