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
-
Harry says he was made ‘paranoid’ by Daily Mail publisher’s ‘unlawful’ actions
4 hours -
Trade war in no-one’s interest, says British PM in face of Trump threats
4 hours -
Greenland ‘will stay Greenland’, former Trump adviser declares
4 hours -
I do not want to reconcile with my family, says Brooklyn Peltz Beckham
5 hours -
Djokovic registers 100th Australian Open win
5 hours -
China’s birth rate hits record low as population continues to shrink
5 hours -
US believes its power matters more than international law, UN chief tells BBC
5 hours -
2028 is not a normal election – Amewu explains why NPP needs Kennedy Agyapong
5 hours -
The whole nation wants Kennedy – Amewu makes strong case for Agyapong
6 hours -
Sogakope Circuit Court jails farmer 15 years for incest, defilement
6 hours -
31-year-old illegal miner sent to prison over theft
6 hours -
Court remands GPHA staff over stolen tugboat
6 hours -
Attendance at trial is a constitutional duty, not an option
7 hours -
RTI response raises questions over Bryan Acheampong’s military service claims
7 hours -
Two women granted bail over assault of 12-year-old; another remanded
7 hours
