Audio By Carbonatix
A London-based Nigerian lawyer, Oba Nsugbe, has challenged lawyers in the country to shelve their sectional and partisan interests and help Ghana to avoid the pitfalls of oil discovery.
He said lawyers were best placed to protect the nations nascent oil industry by not only playing a key role in the formulation of the legal framework for the production of oil, but also scrutinising all oil deals and agreements to ensure the national interest is adequately protected.
Mr Nsugbe, who is the Head of Pump Court Chambers, based in the Temple in London, was delivering a lecture organized by law firm, Oxford & Beaumont as part of activities marking their 5th anniversary.
Citing Nigeria, Angola and Gabon as countries which saw oil promise dissipate, leaving their people more impoverished and the political elite more corrupt, the international lawyer said Ghana stood at the precipice of becoming an example of how to properly manage oil resources on a continent notorious for its mismanagement of the black gold.
Grounding his argument, the Oxford & Beaumont Advisory Board member said unlike the other countries, Ghana discovered oil at a time of deepening democracy and political accountability. There is also a vibrant civil society and probably most importantly, there are clear examples of how not to do things if the country wants to avoid the pitfalls of the others, he noted. He expects Ghana to walk safely away from the cliff.
Reputed as having considerable experience in fighting the corrupt practices in the oil sector, Mr Nsugbe, however warned that despite all the foregoing, critical challenges remained, cautioning against complacency. “I can assure I have been wrong many times,” he joked.
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
-
Unauthorised drone flights banned at Manhyia Palace
29 minutes -
Aksa bribery scandal: Ghana’s probe must be pursued with speed – Dafeamekpor
45 minutes -
Samson’s Take: When religion threatens peace, sanity must prevail
1 hour -
Friendship: Why time matters less than continuity
1 hour -
Africa’s AI moment: They say data is the new gold. But who is drilling it?
1 hour -
Ghana delivers strong performance in retail market in half-year; value up 15.6% – Maverick Research
2 hours -
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
2 hours -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
2 hours -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
2 hours -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
5 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
5 hours -
Government to add constitutional referendum to 2027 District Assembly elections
5 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
6 hours -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
6 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
7 hours