Audio By Carbonatix
A Research Fellow at IMANI Ghana, Mr Bright Simons has expressed disappointment at the insidious way and manner in which the country's oil resource is being managed.
He said the opaque clouds that have enveloped the processes relating to the management of the resource and the role government is playing should be of a major concern to all Ghanaians.
“The lack of transparency is unbelievable,” he told Joy FM’s Super Morning Show host Kojo Oppong-Nkrumah.
Mr Simons averred that if the government stops obfuscating its management of the process, “I will mark government very high.”
But what transparency does he want to see, to which he responds; “Go to the GNPC website, go to the Ministry of Energy website and see for yourself whether as an independent observer you have any understanding whatsoever what the government’s policy on oil and gas is. My point (is) that government has to publish at least a paper (explaining) its decision to interfere with the process of Kosmos energy offloading its stake in the Jubilee fields to Exxonmobil.”
He said the government was not running a private business and that if it is intending to invest huge public money in the oil industry, the people of Ghana deserved to know why and also contribute to that decision.
“We have been told consistently that there are about 30 proposals that are being considered, put all of them on the internet,” he charged.
“If you take the four billion dollars that is being bandied around and if government is raising four billion dollars to invest in an enterprise, that will probably be the biggest single Ghanaian state sponsored venture we’ve seen, since the days of Valco and Akosombo Dam, don’t you think we have to contribute to (making the decision)?
Analyzing complex figures, the IMANI associate said there was the possibility that the stake the government was contemplating buying was over-valued and wondered why the government wanted to participate in a venture with a high risk.
He stated that it was dangerous to assume that the people at the helm of affairs would manage natural resources in the best interest of the people because “we have seen mismanagement of natural resources before.”
Play the attached audio and listen to Bright Simons' submissions.
Story by Malik Abass Daabu/Myjoyonline.com/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
-
Leadership is not about pleasing people – Amoabeng warns Mahama on cost of being too nice
1 hour -
Without a strong judiciary, nothing works – Amoabeng says Ghana’s last hope is institutional power
1 hour -
Davido fumes after being call out for allegedly owing wedding planner $50,000
2 hours -
‘The conflict is behind us’ – Churchill confirms reconciliation with Tonto Dike
2 hours -
Photos: YouTuber iShowSpeed stole the show at Black Stars Square
3 hours -
Bawumia has toiled for NPP, its time to reward him – Abu Jinapor to NPP delegates
3 hours -
Fire sweeps through Anwona Market in Kumasi barely 24 hours after a similar incident at Sofoline
3 hours -
Marriage found me at 19, not by choice – Patience Ozokwo
4 hours -
Fela is only one greater than me – Burna Boy
4 hours -
‘I’m 34, ready for marriage’ – Nancy Isime
4 hours -
Australian Open alters schedule over extreme heat
4 hours -
Pegula ends Keys title defence to win ‘gross’ bet
4 hours -
Besiktas pay £11m for Tammy Abraham – to sell him to Villa
5 hours -
Bayern Munich open talks to extend Kane contract
5 hours -
Hindsight: Albert Amoah and Kotoko’s fairy tale reunion, a Phobian flurry and Medeama’s mojo
5 hours
