Audio By Carbonatix
The Member of Parliament for Takoradi Constituency of the Western Region, Kwabena Mensah Darko has claimed that some oil companies operating in the country have cunningly adopted tactics to prevent Parliament from passing the Local Content Bill into law.
According to him, the continuous delay in passing the Bill on the grounds that certain aspects needed amendments, could lead to a sabotage. This means locals may not get legal backing to fully participate in the oil and gas sector after 10 years of exploration.
The Legislative instrument (LI), among other, spells out regulations, give legal backing and enforceability to the local as well as participation policy framework on the petroleum sector, has been laid before parliament for considerations.
It is curved out of the local content policy framework and its purpose is to provide for the development of local content in Ghana. It also act as a mechanism for the coordination, monitoring and governance of Ghanaian content and it is expected to pass into law after 21 sitting days of maturity.
But Mr. Mensah Darko, who is also a Member for Parliamentary Select Committee on Subsidiary Legislation, says credible information available to him indicates that, operators of the Tweneboa oil field which was recently discovered, are planning to sell it before the local content bill is passed into law.
He said this could be suicidal since Ghanaians will not have the opportunity to participate in the oil and gas industry.
He is therefore calling on the Energy and Petroleum Minister, Emmanuel Armah-Kofi Buah to as matter of urgency halt the move to delay the passage of the local content bill.
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
-
Democracy is more than elections; it requires responsible citizens — Ibn Chambas
13 minutes -
Evidence against Sedina Attionu was solid; acquittal is strange — Tuah-Yeboah
14 minutes -
EU commits additional €4 million to support Ghana’s anti-human trafficking efforts
22 minutes -
IJM calls for stronger collaboration to combat human trafficking as 1,200 victims rescued in 2025
25 minutes -
Ghana School of Law to hold Criminal Prosecution and Litigation graduation on July 31
26 minutes -
Kwaku Asante’s summary of the judgment of the Court of Appeal acquitting Sedina Tamakloe
31 minutes -
Democracy is under pressure globally, Ghana must strengthen inclusion — Goosie Tanoh
42 minutes -
CAL Asset Management delivers strong as economic recovery boosts investments
51 minutes -
AG files urgent application to halt Sedina Tamakloe-Attionu’s acquittal pending Supreme Court appeal
52 minutes -
BoG likely to maintain cautious, data-dependent monetary policy stance – Deloitte
59 minutes -
Abraham Amaliba defends Sedina Tamakloe-Attionu acquittal, says law must prevail over emotions
1 hour -
Kraft paper, biodegradable containers to replace styrofoam as Ghana prepares for 2027 ban
1 hour -
Single-use plastic has contributed to flooding, circular economy expert backs EPA styrofoam ban
1 hour -
Vote buying remains a concern among Volta voters ahead of JoyNews Democracy Is Not For Sale Forum
1 hour -
Nana Ato Dadzie backs Tribunal Bill, calls for reforms within Ghana Bar Association
2 hours