Cocobod Board Waives Sitting Allowances to Support Sector Reforms
The Board of Directors of the Ghana Cocoa Board(Cocobod) has waived its sitting allowances for the remainder of the 2025/2026 cocoa season in support of ongoing reforms within the sector.
In a public notice on the 20th February,2026, it explained that the decision forms part of the Board’s commitment to prudent financial management, shared sacrifice, and responsible leadership in addressing the recent operational and financial challenges that has confronted the sector .
“ This decision reflects the Board’s commitment to prudent financial management, shared sacrifice, and responsible leadership as COCOBOD undertakes critical reforms to address recent challenges”
According to the statement, the eleven member Board chaired by Dr. Samuel Ofosu Ampofo will not receive any sitting allowances for the rest of the cocoa season, stressing that the decision reflects a commitment to prudent financial management and responsible leadership.
The Board further reiterated its dedication to promoting accountability and safeguarding the livelihoods of cocoa farmers, while working with government and other stakeholders to secure a resilient and sustainable future for Ghana’s cocoa industry.
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