Business News of Friday, 16 June 2023

Source: kasapafmonline.com

Galamseyers robbing cocoa farmers of their future pensions – COCOBOD

Cocoa farmers Cocoa farmers

The Head of Public Affairs at COCOBOD, has reiterated the devastating socio-economic consequences that illegal mining (galamsey) is having on the future livelihoods of cocoa farmers in the country.

According to Stephen Fiifi Boafo, illegal miners are robbing farmers of their lifetime earnings, as well as legacies that could bequeath to their generations.


He said though perpetrators of illegal mining activities make juicy promises to cocoa farmers, luring them to give away their cocoa farms, these innocent farmers have ended up being in impoverished situation with nothing to depend on upon retirement.

The Head of Public Affairs therefore appealed to cocoa farmers to resist any attempt by illegal miners to convince them to sell off their lands which eventually deprives them of their lifetime investments.

Fiifi Boafo made the observation while addressing a ceremony organized by management of Goldfields Ghana Limited at Damang to hand over agro-inputs to some beneficiary cocoa farmers in their catchment communities.

He reminded farmers about the several measures government, in collaboration with Ghana Cocoa Board and the National Pension Regulatory Authority (NPRA) is implementing to better the lives of cocoa farmers, especially in retirement.


“The introduction of the Cocoa Farmers Pension Scheme is meant to secure your future and provide you with a decent means of livelihood when you retire. As with other pension schemes, your monthly earnings will depend on your contributions which means that if you sell off your cocoa farms for mining activities, you are denying yourself and future generations the opportunity to earn decent livelihoods”, he added.

He noted that apart from the introduction of the Pension Scheme, COCOBOD is also implementing several interventions such as cocoa mass spraying, cocoa rehabilitation, pruning, hand pollination and highly subsidized fertilisers to support farmers.

These, according to him, come at huge cost to Government, hence the need to safeguard the future of the cocoa industry by eradicating illegal mining.


Fiifi Boafo therefore expressed joy at the gesture extended to cocoa farmers by Goldfields Ghana Limited under their Cocoa Farmers Foundation Support Programme, adding that it is worth emulating by other mining companies.

He noted that over the years both mining and cocoa production had co-existed peacefully until the upsurge of activities of illegal mining.

Fiifi Boafo was of the view that the example of Goldfields Ghana Limited is an attestation that responsible mining can go a long way to help improve our ecosystem and support other environmental activities, including farming.

“Let me take this opportunity to commend the management of Goldfields Ghana Limited for this kind gesture to our cocoa farmers. It is my hope that our beneficiary farmers will respond same by meticulously applying these inputs on their farms in order to obtain yields”


In all, about 240 beneficiary farmers received agro inputs under the Gold Fields Ghana Farmers Foundation Support Programme.