Audio By Carbonatix
A Former Energy Minster, Mr Fred Ohene Kena has supported the proposed enactment of a law to regulate the management of oil resources in the country.
The legislation will also determine the distribution of wealth expected to generate from the mushrooming oil sector.
Speaking on Joy FM’s Super Morning Show, Mr Kena said the law should be stringent enough to avert its being manipulated by politicians.
He however advised Parliament to make the law flexible so as to allow for amendment where necessary.
“Specific provision should be made for communities along the areas where the oil is discovered”, he suggested.
That would avert sabotage in the sector as observed in the Nigerian case.
Nigeria is dogged with militants either breaking oil pipes leading spillage and other tragic consequences including death.
The country’s oil sector also suffers from hostage taking of foreign oil workers especially in the Niger Delta region.
In recognition of that, Mr Kena proposed the allocation of a certain percentage of the wealth to the communities that would be affected to transform their economic status.
“I have seen villages transformed completely” as result of such arrangement and made unnecessary for the people to become mischievous, he stressed.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Confidence high as Vice President visits Black Stars ahead of Panama showdown
31 minutes -
BECE 2026: Five important steps JHS graduates should take before starting SHS
35 minutes -
2026 World Cup: Ghana fails in bid to have Partey’s Canada visa denial overturned
39 minutes -
University of Nottingham cyberattack triggers CSA warning to Ghanaian universities
44 minutes -
Ghana-South Africa Business Chamber condemns xenophobic attacks on Ghanaians
1 hour -
“US Justice Department hasn’t gotten back to Ghana that it has served Ofori-Atta” – OSP
1 hour -
Deputy Energy Minister reaffirms Ghana’s commitment to gas-led development at West Africa Gas Summit
1 hour -
Protect Ghanaians in South Africa through diplomacy – Bosome Freho MP to gov’t
2 hours -
About 49,000 Ghanaians still live in South Africa – Bosome Freho MP discloses
2 hours -
Bosome Freho MP urges South Africa to take decisive action against Xenophobic attacks
2 hours -
Mfantsipim SHS final-year student commits suicide
2 hours -
Complete Farmer launches CF Grower and CF Buyer to deepen digital agriculture in Ghana
2 hours -
Nukunu Sports Academy to support young football enthusiast until he turns 14
2 hours -
With green card, Ofori-Atta has far more protection than he had previously – Kpebu
2 hours -
Ghana Gas pays courtesy call on NPA CEO
2 hours