The Ghana Cocoa Board (COCOBOD) has moved to quash viral reports claiming it funnelled GH₵12 million into the Black Stars’ coffers, labelling the allegations as “false and misleading”.
The industry regulator issued a firm rebuttal following a surge of social media speculation suggesting that cocoa revenues—intended for the nation’s agricultural backbone—had been diverted to sponsor the senior national football team.
In a direct statement, COCOBOD clarified that there is “no factual basis” to the claims and reassured the public that its financial priorities remain firmly rooted in the soil rather than on the pitch.
For many in Ghana, the cocoa sector is the lifeblood of the economy. The board took the opportunity to reaffirm its commitment to the thousands of farmers who drive the industry.
COCOBOD maintained that its core mission involves ensuring timely payments for cocoa deliveries, providing essential farming inputs, and delivering technical support through extension services.
Furthermore, officials emphasised that investments are strictly directed into the broader cocoa infrastructure.
“At no point has COCOBOD diverted funds meant for farmer payments to support the Black Stars,” the board stressed, addressing concerns that the country’s most vital producers might have been sidelined for sporting glory.
The controversy highlights the growing challenge of misinformation regarding the management of Ghana’s natural resources.
COCOBOD has urged the public and stakeholders within the global cocoa supply chain to disregard the “unfounded” posts that have been circulating across digital platforms.
The board maintains that its primary focus remains the welfare of Ghana’s cocoa farmers, who are central to maintaining the country’s status as a leading global cocoa producer.
To avoid further confusion, officials are encouraging the public to verify any news through COCOBOD’s official communication channels.
