“You are an incompetent CEO who was just sitting on TV making noise” – Randy Abbey told    

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COCOBOD CEO Dr Randy Abbey

Grace Akosua Amoabeng, a New Patriotic Party (NPP) Communications Team member, has labelled the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr Randy Abbey, as an incompetent CEO.  

According to the NPP communicator, Dr Randy Abbey was on Metro always making noise professing ideas, now that he has been put in charge, he is clueless.

Speaking on JoyPrime, Grace Akosua Amoabeng stated, “We are talking about bread and butter issues here, when you go down to the local people who are farmers, Randy Abbey sat on Metro TV always giving solutions, he was always out there telling the then government and then CEO what to do at COCOBOD, now you are in the postion you are given us all this?

You said you knew the plight of all these people and you could solve it; that is why His Excellency John Mahama gave you COCOBOD. Even when I heard… somebody who sits on TV, I thought he was a media person, but you made them know you were in charge and know what to do”.

Grace Akosua Amoabeng further added, “Don’t come and tell us that they should give you time for what, there a video that came out recently he was telling them that they asked somebody for ideas and the person said they should give him or her time you are sitting here saying the same thing you are incompetent that is what I will say, he is an incompetent CEO, he was just sitting on TV making noise he didn’t have any solotions and was just clueless making noise”.

Meanwhile, Felix Kwakye Ofosu, the Minister of State in charge of Government Communications, has announced that President John Dramani Mahama has called for an emergency cabinet meeting.

According to Felix Kwakye Ofosu, the emergency cabinet meeting is to address the crisis in Ghana’s cocoa sector.

He announced that the emergency cabinet meeting is scheduled for Wednesday, February 11, 2026.

In a social media post on Tuesday, February 10, 2026, on X, Felix Kwakye Ofosu stated, “President Mahama has called an EMERGENCY CABINET SESSION for tomorrow, Wednesday, 11th February, 2026, to address all issues affecting the Cocoa sector”.

Felix Kwakye Ofosu’s announcement follows reports that some Cocoa farmers are also contemplating smuggling the beans to neighbouring countries and selling off their lands to illegal miners at a time Ghana Cocoa Board races against time to rethink its financing scheme in cocoa purchases.

Meanwhile, the Minority last week called on the Mahama government to immediately pay Cocoa farmers, as they are not beggars.

According to the minority, COCOBOD currently owes LBCs more than GH¢10 billion for cocoa taken over, leaving the companies financially constrained.

Addressing journalists in Accra on Thursday, February, Ranking Member on Parliament’s Food, Agriculture and Cocoa Affairs Committee, Isaac Yaw Opoku stated, “As a result, farmers are being forced to sell their cocoa on credit, at heavy discounts, or return home with their produce unsold”.

“The reality is that farmers have not been paid for cocoa sold to the Mahama-led NDC government since November last year,” he stated.

“Cocoa farmers are not beggars. Paying them on time is an obligation,” Mr Opoku stressed.

Additionally, COCOBOD CEO Randy Abbey has disclosed that the Board is working with the Ministry of Finance to settle arrears owed to cocoa farmers.

“We are looking at a model that does not tie our hands with respect to the collateralisation of the raw bean, because we want a funding structure that facilitates and supports value addition,” he said.

“Any financing structure that limits the Board’s ability to prioritise value addition will not be considered.”

“We pay our farmers a price of over US$5,000 per tonne, while cocoa is trading at just over US$4,000 per tonne on the international market,” he said.

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