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
-
‘I am not a magician’ – Zdravko Logarušić on Nations FC exit from Africa
2 minutes -
Three nights. 28 titles. Ultimate history made
12 minutes -
Ghanaian delegates at IYF 2026 could become bridges for stronger Russia ties – John Aggrey
16 minutes -
Nigeria: Over 30 dead, 50 hospitalised after consuming alcoholic substance in Ondo State
19 minutes -
UK lawmakers demand new law to address AI threat to human rights
28 minutes -
WAFU B U-17 Girls Cup: Black Maidens depart Accra for tournament in Yamoussokro
28 minutes -
Sweden’s center-left bloc narrowly ahead as election remains too close to call
39 minutes -
GPL 2026/27: ‘We won ugly’ – Kotoko head coach unimpressed after Lions victory
41 minutes -
7 out of 10 human trafficking cases in Ghana never reach prosecution — JoyNews Research
57 minutes -
Music, football to converge at Music Meets Football Summit 2026 in Lusaka
1 hour -
Putin invites young global leaders to partner with Russia in shaping future world order
1 hour -
Putin calls for ‘just world’, says every nation must be free to choose its own path
1 hour -
IFY 2026 food festival to serve 20,000 meals showcasing global cuisines in Russia
1 hour -
Ghana has a Domestic Violence Act: But can a victim afford to use it?
1 hour -
Young artists from 100 countries showcase works at IFY 2026 in Russia
1 hour