Ghana oil proceeds hit US$3 billion

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• Balderash 10 years ago

  Before oil, we were living. Now with oil, we are subsisting. IF we have this money, why do we go to the IMF? Why have we sold ECG?

  Before oil, we were living. Now with oil, we are subsisting. IF we have this money, why do we go to the IMF? Why have we sold ECG?

  reply
• United Ghana 10 years ago

  Why? Because we've got idiots, thieves ignoramuses running the country.

  Why? Because we've got idiots, thieves ignoramuses running the country.

  reply
• JJ 10 years ago

  We need regular updates to show transparency. I plead that next time put this in a form of a Table and then show how each section/Dept has used/spent the money and who approved that expenditure

  We need regular updates to show transparency. I plead that next time put this in a form of a Table and then show how each section/Dept has used/spent the money and who approved that expenditure

  reply
• EasyBudddy 10 years ago

  Ghanaweb's inability to provide such tables when presenting economic data and comparatives is legendary
  I have said that many times to no avail. I am not sure whether it is journalistic failure or technological issue

  Ghanaweb's inability to provide such tables when presenting economic data and comparatives is legendary
  I have said that many times to no avail. I am not sure whether it is journalistic failure or technological issue

  reply
• KWAA 10 years ago

  Yet government is borrowing like crazy,and the most annoying part of it all is things are not getting better.If we ask Mahama today what did you do with three Billion Dollars in three years,Afriyie-Ankrah will say we built "N ...
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  Yet government is borrowing like crazy,and the most annoying part of it all is things are not getting better.If we ask Mahama today what did you do with three Billion Dollars in three years,Afriyie-Ankrah will say we built "New York"(Kwame Nkrumah intersection)in Accra.But we are still experiencing dumso.

  reply
• EasyBudddy 10 years ago

  That will be even better response, they will unleash those attack hounds to demonize you
  Ebery question or crtique is vehemently opposed, we wont listen
  My conclusion is that this job is too big for Mahama and his team

  That will be even better response, they will unleash those attack hounds to demonize you
  Ebery question or crtique is vehemently opposed, we wont listen
  My conclusion is that this job is too big for Mahama and his team

  reply
• 0554928339 10 years ago

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  reply
• duked 10 years ago

  3 BILLION OF OIL MONEY AND NOTHING TO SHOW FOR IT AND WE ARE STILL BORROWING. WHAT HAPPENED TO THE HERITAGE FUND FOR THE FUTURE GENERATION OF GHANA? IT APPEARS ALI BABA MAHAMA AND THE LOOTING BRIGADES HAVE OTHER PLANS:
  
  Yes ...
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  3 BILLION OF OIL MONEY AND NOTHING TO SHOW FOR IT AND WE ARE STILL BORROWING. WHAT HAPPENED TO THE HERITAGE FUND FOR THE FUTURE GENERATION OF GHANA? IT APPEARS ALI BABA MAHAMA AND THE LOOTING BRIGADES HAVE OTHER PLANS:
  
  Yes their incomes rose thru looting brigades of which he is the brigadier general sanctioning and siphoning through woyome, waterville, ablakwa's isofoton, suba, sada, gyeeda, merchant bank fortiz, stx, gold bullions airfreighted to Iran via Turkey, GFA and Afriyie Ankrah' shenanigans, zoolion, GRA, our poor oil revenues unaccounted for and squandered; this is the nature of the beast called Mahama and the looting brigades and he admitted the monies had been chopped to the bones:
  
  Twenty Richest People In Ghana For 2013
  
  1. Ibrahim Mahama -$1.9 billion /Businessman , Brother of the current President of Ghana. Only Ghanaian to own a private jet.
  
  2. Alfred Mahama -$1.3 billion./ Businessman, brother of the current President of Ghana.
  3. Roland Agambire – $1.1billion/ RLG (eBay type of business) (Business man )
  4. Joseph Agyepong – $1.05billion/Businessman (Zoomlion waste management company and other businesses)….. title=”Company banned by World Bank in Liberia” target=”_blank”>
  5. John Mahama – $900 million/President of the Republic of Ghana, Politician.
  6. Alhaji Azuma Banda – $724 million./Businessman, owner of antrak air.
  7. Ato Ahwoi – $684 million/ Politician, Businessman.
  8. Dr. Sam Jonah – $430 Million/Businessman (Executive Director of Jonah Capital, Equity in Johannesberg, south Africa)
  9. Haruna Iddrisu – $300million/Politician, Minister of Trade.
  10. Alex Mould – $282 million/GMPC
  11. Dr. Kwame Addo Kufuor – $250million./ Physician, Politician.
  12. Tsatsu Tsikata – $245million/Lawyer, Businessman and Politician
  13. Elvis Afriyie Ankrah -$112 million./ Minister of Youth and Sports, Politician.
  14. Dr. Kwesi Nduom – $110 million./ Businessman and Politician.
  15. Ken Agyapong – $104 million/Politician/Businessman
  16. Prince Kofi Amoabeng – $98million/ CEO, UT Bank…… title=”He has an ongoing fraud case gaianst him” target=”_blank”>
  17. Asiedu Nketiah – $89million/Politician, Secretary of the ruling NDC Party.
  18. Alfred Woyome – $75million/Politically connected Businessman.
  19. Tony Lithur – 30million/ Lawyer
  20. Baba Kamara – $ 11million/ Politician (Commissioner to Nigeria)
  
  Source: Forbes Ghana
  
  The full list of the 20 Richest in Nigeria, Kenya, South Africa, Ghana, Cote d’ivoire and Morocco would be published in the December 2013 Edition of Forbes Africa

  reply
• Nana Kwaku 10 years ago

  The $3Billion can be found in the many private properties sprouting on around us in the names of politicians,corrupt civil & public servants.The oil will soon finish & there'll be nothing to show for it.

  The $3Billion can be found in the many private properties sprouting on around us in the names of politicians,corrupt civil & public servants.The oil will soon finish & there'll be nothing to show for it.

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• duked 10 years ago

  Thanks for the info; OI appreciate that piece of news

  Thanks for the info; OI appreciate that piece of news

  reply
• Evra 10 years ago

  Doing the same thing over and over again and somehow expecting a different (better) outcome.
  There is not a single evidence that black people are intelligent.

  Doing the same thing over and over again and somehow expecting a different (better) outcome.
  There is not a single evidence that black people are intelligent.

  reply
• NANA USA 10 years ago

  They borrow for them to get some % on any money borrowed

  They borrow for them to get some % on any money borrowed

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• Ghanaman 10 years ago

  Nigerian business man is alone worth 20 billion dollars... but the gorrillas of Ghana would rather steal the 3 billion that turn it into 300 billion so someone can be worth 20 billion...

  Nigerian business man is alone worth 20 billion dollars... but the gorrillas of Ghana would rather steal the 3 billion that turn it into 300 billion so someone can be worth 20 billion...

  reply
• kp 10 years ago

  Oil prospecting and marketing companies (like shell and BP) are posting quarterly profits of £17 Billion. I mean they are making 17 billion in three (3) months. So Ghana making £3 billion in four years is very sad and this ...
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  Oil prospecting and marketing companies (like shell and BP) are posting quarterly profits of £17 Billion. I mean they are making 17 billion in three (3) months. So Ghana making £3 billion in four years is very sad and this goes a long way to show how we are being cheated. Our leaders are very corrupt and are seeking their own interests at the expense of the nation. Ghana has been handed a raw deal. £3 billion in four years is disgracefully ridiculous. If you remember, Nigerian leaders were able to steal $150 billion in four years when Goodluck Jonathan was in office. Have you considered how much they earned from oil as a nation before they were able to steal $150 billion?
  So how come Ghana only got £3 billion since 2011?

  reply