Audio By Carbonatix
Dr Joe Abbey, Executive Director of the Ghana Centre for Policy Analysis, has appealed to Ghanaians to be interested in the country’s oil industry, to help make the resource a blessing instead of a curse.
He said: “let’s all join in the debate about Ghana’s oil exploitation to ensure that we all benefit as Ghanaians.”
Dr Abbey tasked the government to use revenue from oil drilling for the collective benefit of all Ghanaians.
He was speaking at the Fourth Moderatorial Business Luncheon, organized by the Presbyterian Church of Ghana on the theme: “The Emerging Oil and Gas Industry of Ghana – Prospects and Challenges,” in Accra.
The Business Luncheon was instituted by the church as an annual corporate social networking programme.
It aims at creating a platform for the church to dialogue with professionals, civil society members, the business community as well policy makers and opinion leaders on topical national issues.
Dr Abbey, who is also an Economist, advised the government to use the oil revenue to build the needed infrastructure for the country, pointing out that there was a huge infrastructure and technology gap, affecting domestic productivity.
He called for effective management of oil in the first five years of production to cater for any shocks that may hit the Ghanaian economy should there be fluctuations in production in later years.
The Right Reverend Dr. Yaw Frimpong-Manso, Moderator of the Presbyterian Church, who hosted the luncheon, reiterated the need for proper utilization of oil revenue.
He asked ministers of the gospel to intensify education on oil exploitation to help reduce the upsurge of immorality that could occur in the sector.
Rev. Dr Frimpong-Manso commended Muslims in Ghana for their successful celebration of the Eid-Ul-Fitr festival, adding that Muslims and Christians in Ghana should be emulated for the cordial relationship existing between them.
The Moderator said the church has since the inception of the luncheon in 2007 realized GH¢131, 137.00 for various developmental projects.
The projects, he said, include: the Presbyterian hospitality centre, the Trinity Insurance Brokerage, the production of Salem Mineral water, the Presbyterian real estate limited among other things.
Rev. Dr Frimpong-Manso called on individuals, organisations and the government to support the church in its development effort.
Source: GNA
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
-
Extractive firms urged to strengthen cyber defences as digital risks grow
1 minute -
Photos: Mahama engages Ghanaian diaspora in New York on Ghana’s economic recovery
4 minutes -
Man jailed 10 years for defiling 11-year-old girl at Kpandai
45 minutes -
At least 27 people killed in two shootings in South African township
1 hour -
Iranian minister says only negotiation can end conflict after Trump rejects Hormuz deal
2 hours -
Some Ghanaians use free speech to destroy reputations – Bobby Banson
2 hours -
Crowds, deals and home solutions as Republic Bank-JoyNews Habitat Fair enters final day
5 hours -
Fire Service finds only five functional hydrants in Ministries enclave
5 hours -
Government to sign 1,200MW gas power deal before end of 2026 – Mahama
5 hours -
West Mamprusi launches community-led WASH and livelihoods project across 100 communities
5 hours -
Iran says it will wait for official US response after Trump rejects Strait of Hormuz proposal
5 hours -
90 Oti communities to benefit from government electrification project
5 hours -
Floods leave 246 without shelter as 93 houses collapse in North East Gonja
6 hours -
Labour Minister wants SOEs to help shape new public pay system
10 hours -
IPEC will ensure Equity and Sustainability in SOEs Compensation
11 hours