Geological Survey Department to be transformed

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• Owura Kofi 12 years ago

  There should be a moratorium on all new oil explorations, until a better mechanism is in place for Ghana to own a larger share of the oil. Cameroon began negotiations with a COMPULSORY 20% shares, before further negotiating f ...
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  There should be a moratorium on all new oil explorations, until a better mechanism is in place for Ghana to own a larger share of the oil. Cameroon began negotiations with a COMPULSORY 20% shares, before further negotiating for more shares, royalties and taxes. Cameroon earns close to 70% of the oil drilled in that country. Ghana shamefully earns less than 30%.
  Check the book below: Ghana can take a lesson from Cameroon on the negotiations, and take a page from Malaysia on Resource Management.
  
  Plundered Nations? Successes and Failures in Natural Resource Extraction
  Edited by Paul Collier and Anthony J. Venables, 2011,

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• Kwame Appiah 12 years ago

  Thanks for your messaage.It's a big SHAME and I hope those bogus politicians and Government officials are listening.

  Thanks for your messaage.It's a big SHAME and I hope those bogus politicians and Government officials are listening.

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• KKK 12 years ago

  GHANA SHOULD HALT ALL EXPLORATIONS UNTIL CURRENT DICOVERIES IS REVIEW. AGAIN CAMEROUN STATED 20% BEFORE FURTHER NEGOTIATIONS UNLESS CORRUPT, GREED POLITIANS DECIDED TO CONTINUE SELLING THIS COUNTRY WITH SLAVE MENTALITY

  GHANA SHOULD HALT ALL EXPLORATIONS UNTIL CURRENT DICOVERIES IS REVIEW. AGAIN CAMEROUN STATED 20% BEFORE FURTHER NEGOTIATIONS UNLESS CORRUPT, GREED POLITIANS DECIDED TO CONTINUE SELLING THIS COUNTRY WITH SLAVE MENTALITY

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