Following the outcry in the media from Togolese cotton growers grouped within the Fédération Nationale des Groupements de Producteurs de coton ( FNGPC COOP-CA) to express their displeasure with the management of the cotton sector by the Singaporean group OLAM International, a 51% majority shareholder in the Nouvelle Société Cotonnière du Togo (NSCT), the Ministry of Agriculture organized meetings with the players involved, including the Nouvelle Société Cotonnière du Togo (NSCT) and FNGPC COOP-CA.
After several meetings for discussion and reflection held on June 11 and 12, 2024, the discussions enabled the white gold producers to obtain 03 favorable responses to the 13 points of their demands.
So on June 15, FNGPC COOP-CA met the national press once again to report on the discussions and give their version of what had been discussed.
Indeed, following frank discussions between the players involved, coordinated by the Ministry of Agriculture, Livestock and Rural Development, three main decisions were taken to ensure senesity within the sector for the 2024-2025 season, and to guarantee a better income for cotton growers. The three decisions are as follows: The purchase price of seed cotton is set at 300F CFA per kilogram for 1st choice and 280F CFA for second choice; NPKSB 12-20-18-5-1 and Urea 46%N fertilizers are sold to growers at a price of 14,000 F CFA per 50-kilogram bag; and the creation of a tripartite committee comprising representatives of FNGPC, NSCT and the State (represented by the Ministries of Agriculture and Finance) to examine all issues of strategic interest to the sector.
Satisfaction for white gold producers
"We're very pleased, and the growers are committed to getting to work," said Mr. Koussouwe Kouroufei, Chairman of the FNGPC COOP-CA Board of Directors.
As for the cotton growers, they expressed their gratitude to the various players involved in the process that led to this outcome.
Further on, they express their sincere thanks to the President of the Republic, His Excellency Faure Essozimna GNASSINGBE, who remains steadfast in his policy of inclusive development and committed to the cause of the cotton industry and above all Togo's cotton growers.
In the meantime, the federation has provisionally renounced the departure of the OLA group, which manages the industry in Togo. The Singaporean group has acknowledged certain shortcomings and promised to rectify them. It therefore decided to renew its confidence and judge its good faith, while remaining committed to an effective collaboration with the NSCT for a win-win partnership to further contribute to the growth of the national economy.
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