Stephen Kwabena Attuh-ASK

open-minded, cool and analytical

[Stephen Kwabena Attuh-ASK @askattuh]

DVLA

[Stephen Kwabena Attuh-ASK @askattuh]

@LongLyf2 Was the appearance to discuss marriage or politics?

[Stephen Kwabena Attuh-ASK @askattuh]

A walk through regulatory framework around trade licence plates (DV and DP) – Stephen Attuh writes via @citi973 https://t.co/yoj8u7NAs3

[𝐂𝐢𝐭𝐢𝐳𝐞𝐧 𝐘𝐚𝐨. @citizenyao]

#COCOBOD WAHALA

1. The syndicated loans contracted by COCOBOD were structured to cover both operational costs and projected gross profit for each farming season, based on an agreed quantity of cocoa beans.

2. Management of COCOBOD elected to spend this projected gross profit in advance through extensive procurement activities, the construction of unnecessary cocoa roads, and the recruitment of additional staff, largely because funds were readily available.

3. At the end of the farming season, COCOBOD failed to supply the contracted cocoa under the syndicated loan arrangement. In anticipation of securing a subsequent loan, funds originally intended for the purchase of cocoa beans were diverted to administrative, operational, and non-essential procurement expenditures, much of which were driven by kickbacks. This constituted a clear breach of the Public Financial Management Act.

4. In the subsequent season, global cocoa prices rose sharply, yet COCOBOD remained obligated to service the syndicated loan by supplying cocoa at prices significantly below the prevailing world market price.

5. COCOBOD’s inability to meet the required tonnage during that period was further worsened by a widespread cocoa disease outbreak that destroyed over 150,000 hectares of farmland. Consequently, COCOBOD contracted a loan of over US$150 million from the African Development Bank (AfDB) to rehabilitate the affected farms.

6. Despite receiving the full loan amount intended to rehabilitate 150,000 hectares, only about 40,000 hectares were actually rehabilitated and handed back to farmers.

7. COCOBOD is currently servicing this loan at a cost exceeding US$62 million annually, despite deriving minimal value from the investment.

8. When global cocoa prices increased, COCOBOD raised the producer price paid to farmers, notwithstanding an outstanding backlog of approximately 330,000 tonnes that still had to be supplied at prices far below the prevailing market rate. This decision was largely influenced by political considerations rather than financial sustainability.

9. Presently, world market prices for cocoa have declined significantly, yet the price paid by COCOBOD to farmers remains higher than the world market price, excluding additional costs such as haulage, storage, warehousing, and shipping. This has resulted in an estimated operational loss of about US$500 per tonne.

10. Consequently, COCOBOD’s debt burden continues to grow, and more than 50,000 tonnes of cocoa already supplied by farmers remain unpaid due to liquidity constraints. These purchases were financed from syndicated loan resources that had previously been misapplied.

11. To address this crisis and establish a sustainable framework, COCOBOD should reduce the price at which they buy COCOA, COCOBOD is proposing a new COCOBOD Bill to Parliament to introduce a revised financial model and mandate value addition to cocoa beans, either partially or fully, prior to export.

12. Systemic procurement abuses, excessive staffing levels, and entrenched kickback practices have collectively rendered COCOBOD financially insolvent. The critical question remains whether Ghana will avoid repeating these failures following the restructuring of the corporation.

13. Government policy should now prioritize tree crop development and regulation by transferring a portion of COCOBOD smworkforce to the Tree Crops Development Authority. An institution with close to 20,000 workforce( permanent, contrast and NSS) is no joke.

[Stephen Kwabena Attuh-ASK @askattuh]

Congratulations to you boss, @etsedafeamekpor MP, South Dayi.

[Stephen Kwabena Attuh-ASK @askattuh]

Happy glorious birthday to you boss. I wish you a wonderful new age. You’re an amazing boss. @etsedafeamekpor

[Rockson-Nelson Dafeamekpor, Esq. MP. @etsedafeamekpor]

Hon. Martin A. B. K. Amidu
Writes as follows:

“Ghana needs a President from one of the two dominant political parties who can audit the economic mess the Nana Akufo-Addo/Bawumia inept government is going to leave behind. I have demonstrated hereinbefore that Dr. Mahamudu Bawumia is a clone and poodle of the incumbent President and is incapable of doing such an audit. With Dr. Mahamudu Bawumia, it is the same old wine in a new bottle! We may as well put lipstick on a pig, as the saying goes.

John Dramani Mahama is not a saint, but he is nobody's poodle. He has the experience as a former President to audit the mess the Nana Akufo-Addo/Bawumia government will leave behind. I have had problems with John Dramani Mahama in the past which are documented on my website. The constitutional situation on our hands, however, demands pragmatism to ensure probity and accountability after an eight year tenure of government. We need a candidate who can command a sizeable parliamentary representation to actualize an audit of the previous government. John Dramani Mahama whose audit Nana Akufo-Addo fears ought to be the best bet for the integrity of the 1992 Constitution in our present circumstances. The 1992 Constitution does not enshrine dynasty or inheritance by cronyism, that is why the electorate should aim for a change in government on 7 December 2024 to defend and preserve the Constitution of our Fourth Republic.

Ghana must always come first!”

[Stephen Kwabena Attuh-ASK @askattuh]

South Dayi in safe pair of hands in Hon. @etsedafeamekpor

[Stephen Kwabena Attuh-ASK @askattuh]

Thank you Daily Post

[Stephen Kwabena Attuh-ASK @askattuh]

Kindly make time to read the latest article by ASK published on Wednesday 25-09-2024 and leave comments. Thank you.

https://t.co/ll2mlfa3Ee

[Stephen Kwabena Attuh-ASK @askattuh]

@tv3_ghana Look, Bawumia has his blueprint in his manifesto. It is hollow. The man cannot say anything outside what he wrote down for us the basis for which he needs our votes. The NDC on the other hand had written a comprehensive approach in their manifesto. Let’s contrast.

[Stephen Kwabena Attuh-ASK @askattuh]

@Sambryanbuabeng @Joy997FM @MBawumia Tweaaaa

[Stephen Kwabena Attuh-ASK @askattuh]

@marcusadampah See fooling

[Stephen Kwabena Attuh-ASK @askattuh]

@3NewsGH Na him take the money wey no give us befitting stadium? Tweaaaa

[Stephen Kwabena Attuh-ASK @askattuh]

@tv3_ghana And the most run away veep from an office he has been the most effective?

[Stephen Kwabena Attuh-ASK @askattuh]

@NPP_GH The wife says we should vote for a Muslim president. He’s visited churches than Nana Addo who is supposed to be the Christian.

[Stephen Kwabena Attuh-ASK @askattuh]

What are we doing to our country

[Stephen Kwabena Attuh-ASK @askattuh]

@tv3_ghana @berlamundi Wow! So those who placed their presidency on the line, do they see these?

[Stephen Kwabena Attuh-ASK @askattuh]

@SammyGyamfi_ @JoyNewsOnTV Hahahahaha! He couldn’t deny this one because he was caught pants down

[Stephen Kwabena Attuh-ASK @askattuh]

@tv3_ghana Nana Addo and his fight against galamsey is before our eyes. Herh!