Cocoa farmers to get C16,000 bonus per bag

The Ghana Cocoa Board (Cocobod) on Tuesday said it had made available money to be paid to all Licensed Buying Companies (LBCs) for payment of bonuses to cocoa farmers for the year 2002/2003 main crop season for purchases up to December 31, 2003.

A statement signed in Accra by Mr. Kwame Sarpong, Chief Executive of the Board, said the bonus per bag is 16,000 cedis and all LBCs should ensure that they pay no less than that amount to the farmer.

Cocobod advised cocoa farmers to contact their respective LBCs in their districts for their share of the bonus.