Friday, March 18, 2011

ON THE ROAD TO PROSPERITY

In January this year (2011), the first oil was lifted by Tullow Oil with its Jubilee partners, in March, they (Tullow) are about to lift their second consignment from the Jubilee field. We have a rough idea as to how much the government earned, but no one has come out to state explicitly the exact amount generated from the lifts. It was however , estimated that about a little over 100 million dollars was accrued from the sale of the lift by GNPC. Some one might ask, where is he going with this? Well let me go straight to the point then.

We know that the OIL AND GAS bill has been passed by Parliament. I am yet to know if the president has appended his signature to the bill. There is the need for the government to let Ghanaians be part of the process from the very onset. It is of with great concern that I make this statement. Failure to include the people in the process will spark little unrest among the people, leaving the not-too- informed citizens vulnerable to chaotic instigation.

The more we know about the exact figures and what the government plans to use it, the better the minds of the citizens of this noble country will be at rest.

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