Read the passage below carefully and evaluate the statement that follows:
The Cocoa Research Institute of Ghana (CRIG) was originally established in 1938 at Tafo as the Central Cocoa Research Station under the Gold Coast Department of Agriculture. In 1944, following a regional agricultural initiative, it was expanded and renamed the West African Cocoa Research Institute (WACRI), serving both Ghana and Nigeria. However, following the attainment of independence by member nations and the subsequent dissolution of WACRI in 1962, the institute reverted to Ghana's national governance. By an executive decree in October 1963, CRIG was formally incorporated under the National Research Council, assuming full operational control over local pest control research and soil fertility management.
Statement: Following the dissolution of the West African Cocoa Research Institute in 1962, the Cocoa Research Institute of Ghana reverted to national governance and was subsequently incorporated under the National Research Council in October 1963.
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