Audio By Carbonatix
Ghana is to receive a grant of $6.5 million from the Norwegian government.
The money will be used for the protection of the country’s eco-system as well as address other challenges posed by oil exploration.
This was disclosed during the visit of the Crown Prince of Norway to Accra.
Prince Haakon is on a three-day visit with the Crown Princess.
Environment Minister Sherry Aryeetey says Ghana will also tap the rich experience of Norway to maximize the benefits of oil exploration.
She said while Ghana greatly appreciated the gesture, “It is our hope that Norway will continue to support us in strengthening the capacity of relevant institutions so that we can also leverage the resources of the oil and gas sector to precipitate accelerated sustainable development of this industry.”
She regretted that although African countries were endowed with abundant natural resources, many of them remained poor, stressing that “We in Ghana are focused on breaking the ironic trend and we are grateful to Norway for the support.”
Norwegian Minister for Environment, Erik Solheim, called for transparency in the distribution of the country’s oil revenue to avoid associated conflicts.
He said the country’s political leaders must remember that oil the resource belongs to the people and must therefore serve their supreme interest.
Source: Joy Business/Ghana
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
-
Unity is the path to power – Kufuor calls for one strong NPP
19 minutes -
Mahama marks first anniversary of election victory
19 minutes -
Akufo-Addo managed Covid-19 well – Kufour
30 minutes -
Ghana must fund its own education, not wait for donors – Mahama
40 minutes -
‘Ketamine Queen’ spiralled before Matthew Perry death, friends tell BBC
54 minutes -
Unity is key to NPP’s future progress – Kufour advises
55 minutes -
The future is bright for African Rugby League referees – James Jones
59 minutes -
Embrace ESG Materiality Assessment to unlock potential funding – Deloitte Assurance Partner to firms
1 hour -
I was not consulted on National Cathedral Project – Kufuor reveals
1 hour -
Ofankor–Nsawam Road: Roads Ministry announces new diversion for asphalt works
2 hours -
ECOWAS deploys standby force to Benin amid military takeover
2 hours -
Livestream: The Probe discusses scholarship debt crises
2 hours -
2025/26 GPL: Hearts suffer comprehensive 2-0 loss to Karela United
3 hours -
Kennedy Agyapong begins Central Regional campaign tour with major healthcare donations
3 hours -
Digital-savvy youth in Northern Ghana use internet to digitise local languages for generations
3 hours
