• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 22, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

COCOBOD Clarifies Perceived Misconception on New Education Trust

evansjrby evansjr
May 24, 2024
Reading Time: 4 mins read
evansjrby evansjr
in General News
0
COCOBOD Clarifies Perceived Misconception on New Education Trust

COCOBOD Head Office

In response to public concerns and perceived misconceptions regarding its new initiative, the Ghana Cocoa Board (COCOBOD) has clarified that the inauguration of the COCOBOD Education Trust is not a termination of its Cocoa Scholarship Scheme, but an evolution of its educational support programs.

The Public Affairs Department of the Ghana Cocoa Board, in a statement, stated that the COCOBOD Education Trust aims to diversify and better serve the changing educational needs of rural communities.

The statement explained that by reallocating funds previously designated for scholarships, the Trust will focus on improving basic educational infrastructure in cocoa-growing areas.

RelatedPosts

No Funding for District Road Improvement, Coordinator Warns of Project Stagnation

Govt Moves to Enforce Strict Weight Limits for Trucks to Protect Ghana’s Roads

Mahama Pledges More Roads for Western Region Under $10bn Big Push Infrastructure Drive

The Public Affairs Department of the Ghana Cocoa Board further noted that the inauguration of the five-member Board of Trustees for the COCOBOD Education Trust signifies a departure from the traditional Cocoa Scholarship Scheme, which was established to support the secondary education of wards of cocoa farmers.

The statement emphasized that even though the traditional Cocoa Scholarship Scheme has been a pillar of educational support for over 70 years, the introduction of the free Senior High School (SHS) policy in 2017 has rendered the scheme less relevant, as secondary education fees are now covered by the government.

“On Monday, May 20, 2024, the Chairman of the Board of Directors, Mr. Peter Mac Manu, inaugurated a five-member Board of Trustees for the newly established COCOBOD Education Trust.

“This new Trust represents a system designed to utilise funds previously allocated to the Cocoa Scholarship Scheme, which has seen changes in relevance following the introduction of the free Senior High School (SHS) policy in 2017”.

Public Affairs Department of the Ghana Cocoa

Bridging the Infrastructure Gap

According to the statement, the newly inaugurated COCOBOD Education Trust will prioritize the development and provision of essential facilities such as classrooms, libraries, and teachers’ bungalows to rural communities across the country, particularly those in cocoa-growing areas.

ADVERTISEMENT

The initiative, the statement stated is designed to bridge the significant infrastructure gap between schools in deprived areas and those in urban centres, adding that by providing a conducive learning environment, the COCOBOD Education Trust aims to ensure that children in cocoa-growing communities receive quality education.

cocoa farmer 1
Cocoa farmers harvesting theri cocoa pods

Commitment to Education

Moreover, the Public Affairs Department of the Ghana Cocoa Board reiterated its Board Chairman, Mr Peter Mac Manu’s unwavering commitment to education in Ghana.

The statement recounted that despite concerns among the public, regarding the new system as a failure or collapse of the Scholarship Scheme, the Ghana Cocoa Board is committed to supporting education in Ghana.

It emphasized that the inauguration of the new COCOBOD Education Trust is a new chapter in the Ghana Cocoa Board’s efforts to support the education of wards of cocoa farmers, underscoring Cocobod’s confidence to make a positive impact on the lives of many Ghanaians.

Innovative Methods for Evolving Needs

In addition, the statement added that the establishment of the COCOBOD Education Trust is seen as a strategic initiative to build on the successes of the past while introducing innovative methods to meet the evolving needs of beneficiaries.

This includes ensuring a conducive learning environment and providing resources and infrastructure that are essential for quality education.

The Public Affairs Department of the Ghana Cocoa Board concluded its statement by calling on the general public to continue supporting the organization as it transitions to its newly enhanced system of educational support.

It emphasized that the COCOBOD Education Trust represents a forward-thinking approach to sustaining educational development in Ghana’s rural cocoa-growing communities, stressing on the initiative intention to redefine educational support for cocoa farmers’ wards, focusing on infrastructural development and resource provision to enhance the learning experience in rural schools.

READ ALSO: GSE Sees Significant Decline in Trading Volume and Turnover

Tags: Cocoa Scholarship SchemeCOCOBOD Education TrustEducationFree Senior High School (FSHS) policyRural Communities
Please login to join discussion
Previous Post

Blakk Rasta Tells Intriguing Conversion Story

Next Post

Lib Dems Target Tory Titans In Election Showdown

Subscription Form

Related Posts

No Funding for District Road Improvement, Coordinator Warns of Project Stagnation
General News

No Funding for District Road Improvement, Coordinator Warns of Project Stagnation

October 22, 2025
President John Dramani Mahama
General News

Govt Moves to Enforce Strict Weight Limits for Trucks to Protect Ghana’s Roads

October 22, 2025
President John Dramani Mahama
General News

Mahama Pledges More Roads for Western Region Under $10bn Big Push Infrastructure Drive

October 22, 2025
President John Dramani Mahama
General News

Big Push: Mahama Cuts Sod for 73.6km Cape Coast–Takoradi Dual Carriageway, Pledges Rapid Completion 

October 22, 2025
Haruna Iddrisu Champions Collaboration, Advocates UDS Bill at Conference
General News

Minority Leader Condemns Dismissals and Erosion of Rule of Law As Parliament Resumes 

October 21, 2025
Speaker Bagbin Swears in Two Members of Parliament
General News

Speaker Bagbin Swears in Two Members of Parliament

October 21, 2025
State of Emergency Grips Peru’s Lima And Callao
Around the Globe

State of Emergency Grips Peru’s Lima And Callao

by Comfort AmpomaaOctober 22, 2025
MoFA Boosts School Farm Production With 25,000 Fertilizer Bags
Agribusiness

MoFA Boosts School Farm Production With 25,000 Fertilizer Bags

by Michael Teye-Bio NaduteyOctober 22, 2025
Energy Minister Extends Working Visit to PHDC
Extractives/Energy

Energy Minister Extends Working Visit to PHDC

by Bless Banir YarayeOctober 22, 2025
No Funding for District Road Improvement, Coordinator Warns of Project Stagnation
General News

No Funding for District Road Improvement, Coordinator Warns of Project Stagnation

by Silas Kafui AssemOctober 22, 2025
Rt. Hon. Prof. Mike Oquaye, Former Speaker of Parliament and political historian
Extractives/Energy

Prof. Oquaye Urges Ghana to Rethink IMF Reliance And Harness Mineral Wealth 

by Prince AgyapongOctober 22, 2025
Former Chief Justice Sophia Akuffo
Extractives/Energy

Sophia Akuffo Calls for Ethical Resource Use to Shift “From IMF Bailout to Breakthrough” 

by Prince AgyapongOctober 22, 2025
State of Emergency Grips Peru’s Lima And Callao
MoFA Boosts School Farm Production With 25,000 Fertilizer Bags
Energy Minister Extends Working Visit to PHDC
No Funding for District Road Improvement, Coordinator Warns of Project Stagnation
Rt. Hon. Prof. Mike Oquaye, Former Speaker of Parliament and political historian
Former Chief Justice Sophia Akuffo

Recent News

State of Emergency Grips Peru’s Lima And Callao

State of Emergency Grips Peru’s Lima And Callao

October 22, 2025
MoFA Boosts School Farm Production With 25,000 Fertilizer Bags

MoFA Boosts School Farm Production With 25,000 Fertilizer Bags

October 22, 2025
Energy Minister Extends Working Visit to PHDC

Energy Minister Extends Working Visit to PHDC

October 22, 2025
No Funding for District Road Improvement, Coordinator Warns of Project Stagnation

No Funding for District Road Improvement, Coordinator Warns of Project Stagnation

October 22, 2025
Rt. Hon. Prof. Mike Oquaye, Former Speaker of Parliament and political historian

Prof. Oquaye Urges Ghana to Rethink IMF Reliance And Harness Mineral Wealth 

October 22, 2025
Former Chief Justice Sophia Akuffo

Sophia Akuffo Calls for Ethical Resource Use to Shift “From IMF Bailout to Breakthrough” 

October 22, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address