See under "Hot Updates", at:
www.ghanahero.com/FTOS_GH_Campaign.html.
Greetings!
Get free PDF copy of final paper with graphics!
See under "Hot Updates", at:
www.ghanahero.com/FTOS_GH_Campaign.html.
Greetings!
Dr. Michael J.K. Bokor 8 years ago
Lungu, are you that stupid to be takling the president from thr back? What do you know about percentage in your life?
Lungu, are you that stupid to be takling the president from thr back? What do you know about percentage in your life?
d'SigNstyle 8 years ago
HID HIM HARD mj;THAT PROF IS OF WAY TRACK
HID HIM HARD mj;THAT PROF IS OF WAY TRACK
C.Y. Andy-K 8 years ago
Folks don't worry and wasting yourself to visit the www.GhanaHero.com Website from Prof Lungu, it as a Disco trash Website for Kids.
Folks don't worry and wasting yourself to visit the www.GhanaHero.com Website from Prof Lungu, it as a Disco trash Website for Kids.
Nii Teiko 8 years ago
Even the 17% is being shared by Tsatsu and his old criminal friends at the GNPC. The sitting incompetent BATAKARI- Mahama has made Ghanaian more poorer after visionary KENTE-Kuffour and his `straight-Team-A` worked hard to fi ... read full comment
Even the 17% is being shared by Tsatsu and his old criminal friends at the GNPC. The sitting incompetent BATAKARI- Mahama has made Ghanaian more poorer after visionary KENTE-Kuffour and his `straight-Team-A` worked hard to find oil for Maame Ghana. They say " half a loaf is better than 'koose' ops! None". If I were Prof Lungu, I would waste my energy to question Mahama on how judiciously he and his Islamic leaning AntiKristo NDC Party spending the little that we got. Also, l would be a man with balls, and ask Ghanaians to vote Mahama and his LOOT and SHARE BRIGADE out after showing his Yentie Obiaa-dead-goat-syndrome to my numerous calls on GhanaHeroe.com to have things straightened up. But hey! who am I to say the Sariki'n Zongo has farted? I love my Konkonte.
Mahmoud 8 years ago
Mahama and his quack socialists have again failed to improve the economy despite the unprecedented high oil revenues, high commodity prices and more than 37 billion dollars borrowed by the NDC government so far to land Ghana ... read full comment
Mahama and his quack socialists have again failed to improve the economy despite the unprecedented high oil revenues, high commodity prices and more than 37 billion dollars borrowed by the NDC government so far to land Ghana in another HIPC. We wonder how they are going to account for all the amounts because; the so-called development projects and services they claim to have provided don't match the huge amounts received by the administration. Worse of all, Ghanaians are going through unprecedented hardship comparable only to the period of PNDC's Rawlings Chain.
BRIMAH ISIFU ,USA. 8 years ago
Sad.
Sad.
Kwabena Yeboah 8 years ago
I laud you for bringing this scandal to the fore - we know it is an issue that has to be confronted. But as a protagonist, I am afraid to say you have not made a compelling case to garner support for the cause. The informatio ... read full comment
I laud you for bringing this scandal to the fore - we know it is an issue that has to be confronted. But as a protagonist, I am afraid to say you have not made a compelling case to garner support for the cause. The information you have provided so far on this issue is disjointed, and at times convoluted to say the least.
You cannot just put out here Ghana's share of 17% and expect your readers to join the band wagon. To help us to understand the gravity of this scandal, we want to know: 1) What other countries receive as royalties for their oil; 2) How many Ghanaians work in the Jubilee oilfields; 3) How much tax revenues does the government rake in from the Jubilee oilfields; 4) Are there other benefits trickling down in society from the Jubilee?
Please help us to understand the logistics and the dichotomy of the deal JA Kufuor and his NPP bequeathed to Ghanaians. The fact that you have been pushing this idea for some time means, you understand the issues more than the average Ghanaian. Please help us to understand the issues because most Ghanaians witnessed the Kufuor government's knee-jerk approach in negotiating away our deposits as they did with our gold.
C.Y. ANDY-K 8 years ago
More than a compelling case has been made in a number of articles (almost all posted on Ghanaweb, ModernGhana, NewsGhana, etc. and a book by Solomon Kwawukume alone. And there are many independent researches to back him up. W ... read full comment
More than a compelling case has been made in a number of articles (almost all posted on Ghanaweb, ModernGhana, NewsGhana, etc. and a book by Solomon Kwawukume alone. And there are many independent researches to back him up. What is crucial that the advocates of the Hybrid System have not accepted his challenge to disprove him. Of course, they knew they can't. If it were not a private correspondence, I'd have posted here what Dr Kwabena Donkor, former Power Minister, said they were doing to salvage a bad system bequeathed to them but Kufuor and the NPP. But if they know better, once oil was struck, they shouldn't have been repeating Kufuor's farcical sweetie-pie deals, with 1 to 3% to cronies as "local investors" who, btw, are handpicked and never contributed a cent, before one gets a block to explore!
Send me your e-mail and I'd forward to you copies of some main articles. Bcos the tables distort, it is difficult to post them on Ghanaweb. You can read some at GhanaHero too.
Andy-K
N/B
Isn't it pathetic that some sods think this is just another partisan case, necessitating ONLY insults to be hurled at others?
SARPONG 8 years ago
Andy K cannot hide his ethnocentric gene against anything Kufuor or Npp. This problem of not getting enough of our oil revenue should be addressed without any tribal or political coloration because Ndc has done worse than Npp ... read full comment
Andy K cannot hide his ethnocentric gene against anything Kufuor or Npp. This problem of not getting enough of our oil revenue should be addressed without any tribal or political coloration because Ndc has done worse than Npp if we do comparative analysis.
If you think I am lying, goggle the contract Ndc government signed with Australia oil company on the Keta oil basin. At least Npp signed for 13.5% + 5% royalties not counting the corporate tax of 35% of gross sales.
Ndc under President Mills signed for 10% with the Australia company for the Keta basin.
When Npp signed with Kosmos, Kosmos took a risk pumping close to one billion dollars prospecting for oil. Now we know we have oil on our costs line so there is no sense for Ndc to have given the Australia company and it's American partners 90% of the Keta basin .
Next time you talk to Kwabena Donkor, ask him why Mills signed for only 10% on the Keta basin contract.
C.Y. ANDY-K 8 years ago
Justice,
You can deduce from my statement from "But if they knew...." that I am condemning the NDC much more for following on the heel of the Kufuor regime, once oil was struck on a huge commercial basis. No excuse whats ... read full comment
Justice,
You can deduce from my statement from "But if they knew...." that I am condemning the NDC much more for following on the heel of the Kufuor regime, once oil was struck on a huge commercial basis. No excuse whatsoever for what they have been doing, except the discovery that the pickings were indeed rich!
We have always been at pains not to make this a partisan issue, as all of us are being gang rape by a few who are benefiting beyond their wildest dreams! 100s of millions of dollars are being doled out each year in the name of "corporate responsibility". If ADB could give $400000 to Afenyo-Markin to silence him, just imagine what the FOCs are doing in Ghana at the moment. Even the British Govt, through GOGIG, is in in the act. With Ghanaians so cheap to buy - a few thousand cedis with some akomfem or billy goat thrown in - you can just imagine what's happening and why the deadly silence from govt and oil corporate circles.
As for Kwabena, I consider him a comrade and a friend but I told him before he resigned that I had lost confidence in him,and he shouldn't be surprised if he found me among those sticking a knife into him.
Andy-K
Prof Lungu 8 years ago
Kwabena Yeboah,
We expected a lot more from you based on your record!
But we understand your frustration.
C.Y. ANDY-K has provided some background information for your situational awareness and has indicated he is rea ... read full comment
Kwabena Yeboah,
We expected a lot more from you based on your record!
But we understand your frustration.
C.Y. ANDY-K has provided some background information for your situational awareness and has indicated he is ready to assist further.
1. As C.Y. ANDY-K noted, there are numerous papers on this subject!
2. We published this rather short essay, the "Cartoon Essay" kind, for specific purpose. Observe that we note:*Original cartoon and credit by/to Mr. Gary Varvel, Indy Star, (...www.indystar.com/staff/6361/gary-varvel/ ). That cartoon, central to our paper this time, was not published by Ghanaweb even though we sent them the graphic separately, as well.
3. The paper has several links/references, to include www.GhanaHero.com. In addition, at the head of the "Comments" section (the first comment, actually), we indicate that the final paper, with graphics, has been posted to www.GhanaHero.com. (Please get a copy so you can see the central point about this short paper).
4. We are not going to get into any technical argument to the extent we expect that normally, 17% out of 100 is perforce unequal, unfair. As such, the burden ought to be on the Government of Ghana.
5. In the main, if we may ask, why is it that the conscientious reader cannot challenge the Government of Ghana to demonstrate Ghana is receiving a fair share of oil proceeds? Should it not be the responsibility of the government, to the extent of even responding to these issues? (Don't the government employ enough people to communicate?).
6. And, if we need facts, pray tell us how you got to we "have not made a compelling case to garner support for the cause"? How much support do we need, if we think we've done our part?
Right now, we know that 31 persons have actually taken 30 seconds of their time to sign the petition). If we decided that 30 was enough support, who, sitting on the side, can quarrel if we even decided that it is enough and we declared victory?
7. With respect to your series of questions, that, again, in our opinion, ought to be answered by the Government of Ghana, (2) How many Ghanaians work in the Jubilee oilfields; 3) How much tax revenues does the government rake in from the Jubilee oilfields; 4) Are there other benefits trickling down in society from the Jubilee..", we can only ask a few more to elucidate the conundrum.
If we may, of what relevance is the "number of Ghanaian workers" and "trickling down benefits" when you are the sovereign? Further, if you want to know how much "tax revenues...government rake in from the Jubilee oilfields", would we also want to ask the government how much the government itself has invested in the entire enterprise using the peoples' money, and how much income actually accrued to the "Ghanaian workers"? (After all, it is not always just the number of workers, but also, what they actually take home, versus what others take out of the country!
This "Cartoon Essay Paper" makes that point clearly!
ITEM: Fact of the matter is, we are like any other reader. We started tracking this policy debate about 4 years ago, thanks to the work of Mr. Solomon Kwawukume.
We are no oil and gas expert, but Mr. Kwawukume is.
In the last couple of years, on account of the importance of the issue, we've done some research and published papers on the subject that are on GhanaHero.com, and on other online portals.
ITEM: We believe that it is the responsibility/duty of the reader to (1)get up to speed with this issue, given that the contested "benefit amount" is so huge (2) challenge the government of Ghana, the controller of all those resources, to prove to Ghana that Ghana is indeed receiving its fair share given sovereign ownership and actual cash outlays to the Jubilee enterprise, as first order investor.
Greetings!
C.Y. ANDY-K 8 years ago
Prof Lungu,
Brilliant response as usual. What is amazing us is the fact that, in spite of all the publications, most educated Ghanaians seem to be unaware of the PSA Efo Solo has been championing for years.
When told w ... read full comment
Prof Lungu,
Brilliant response as usual. What is amazing us is the fact that, in spite of all the publications, most educated Ghanaians seem to be unaware of the PSA Efo Solo has been championing for years.
When told we have lost $6bn so, practically all are bemused, with the look on their faces betraying the fact that they don't believe what they are hearing. Efo Solo said that was the general response of Ghanaians at the demo. $6bn loss is just too much for them to comprehend. I bet most can't even tell how many millions add up to a billion, so we can't blame them! But it is unpardonable for university graduates to exhibit same attitude as JSS and SSS graduands.
Anyone who wants to know about this raging can simply google Solomon Kwawukume and they'd be surprised about the links brought up, many in foreign web sites. But shockingly, hardly any on Ghana-based media portals, which have been bribed and bought up by the FOCs through their sponsorship of Ghanaians journalists and editors.
Here's what someone who wrote Efo Solo's book wrote and published on Ghanaweb too.
MPs who love Ghana must read Solomon Kwawukume's Book ...
www.ghanaweb.com/GhanaHomePage/features/artikel.php?ID=300605
Feature Article of Thursday, 13 February 2014. Columnist: Kofi Thompson. 2014-02-13 MPs who love Ghana must read Solomon Kwawukume's Book :"Ghana's Oil ...
But as we know, the powers-that-be prevented the distribution of the donated copies of the book to MPs!!!
That action should be regarded as criminal conspiracy to keep MPs ignorant of the facts about the PSA by some dubious MPs whose identities are not too hidden and MUST BE INVESTIGATED!
Article pasted below.
Andy-K
----------------------------
MPs who love Ghana must read Solomon Kwawukume's Book :"Ghana's Oil: Towards Maximum Benefits"
By: Kofi Thompson
In 1965 a book entitled, "Neocolonialism, The Last Stage of Imperialism", was published by Ghana's president at the time, Osagyefo Dr. Kwame Nkrumah. So alarmed were the Western powers by its contents that they resolved to remove President Nkrumah from power.
Their fear was that the book's contents would undermine their interests in Africa. They therefore had to make sure that the pan-Africanist politician who authored it did not remain in power, to spread its race-uplifting and liberating message across the continent - and implement policies based on it in his native Ghana.
Solomon Kwawukume's book, "Ghana's Oil and Gas Discoveries: Towards Maximum Benefits", ought to be required reading for every patriotic Ghanaian - particularly the younger generation.
In a sense, it is just as influential in what it seeks to do, as Nkrumah's "Neocolonalism, The Last Stage of Imperialism" - open the eyes of its readers and enable them foil the greedy ambitions of those malevolent foreign interests that seek to exploit Ghana's oil and gas deposits, with very little benefit to its people.
It is amazing that 49 years after the publication of "Neocolonialism, The Last Stage of Imperialism", our ruling elites are still allowing our resources to be exploited for returns far less than they are actually worth, by foreign corporations - because it benefits them personally.
A bill has just come before Ghana's Parliament - the Petroleum (Exploration and Production) Bill, 2013 - for passage into law. If passed into law as it stands, it will allow foreign oil companies to do to Mother Ghana what the foreign gold mining companies have done to her over the years: gang-rape her.
Each member of Parliament ought to read Mr. Solomon Kwawukume's "Ghana's Oil and Gas Discoveries: Towards Maximum Benefits" before agreeing to permit what will in effect amount to giving away a total of some US$160 billions in assets belonging to the people of Ghana, to foreign oil companies.
Yet, for this bonanza, those foreign oil companies are investing less than US$10 billions in production costs, to exploit those selfsame assets. Ghana's share of those US$160 billions is a paltry US$20 billions - and, now, thanks to that inequitous bill, we will also be stumping up our share of costs too: the financial equivalent of a time-bomb that will cripple our nation in the not too distant future, as sure as day follows night.
When the first Europeans came to our shores centuries ago in search of gold, our leaders at the time accepted worthless bric-a-brac in exchange for valuable gold. Members of Ghana's Parliament must not make the same mistake in 2014 - by sanctioning this wheeze to deny Ghanaians what is rightfully theirs.
The question our members of Parliament must ponder is: if Tullow Oil was happy to sign the kind of production agreement it did with the Canadian oil company Africa Oil to exploit its Kenyan concession, why would it balk at signing a similar one with Ghana? Food for thought for our ruling elites - who seldom do any thinking when it comes to protecting the national interest: what benefits the majority of Ghanaians at any given point in time.
In considering the Petroleum (Exploration and Production) Bill, 2013, members of Ghana's Parliament ought to remember that posterity will never forgive them for selling Ghana short at a time of extreme national need with their eyes fully open. A word to the wise...
Kwabena Yeboah 8 years ago
Don't get me wrong, I have presented a paper on Jubilee Oilfields, and have inside information of JA Kufour and his NPP's devious deals they presented to the public. I have read Kwawukume's excellent work on the subject, as w ... read full comment
Don't get me wrong, I have presented a paper on Jubilee Oilfields, and have inside information of JA Kufour and his NPP's devious deals they presented to the public. I have read Kwawukume's excellent work on the subject, as well as having the privilege of presenting a paper in 2015 at Alberta's Oil Sands Trade Show & Conference in Canada.
My contribution on this topic was for the benefit of the average Ghanaian who come to this site and may not have read Kwawukume's paper. I have always been critical of Kufuor and his NPP because of prevarication of the Jubilee deal, and the criminal disposal of Ashanti Goldfields Ltd to the British company, Anglogold. This is not to say Rawlings/Mahama PNDC/NDC is a better evil - they are both evil.
One more thing, I was disappointed when I visited GhanaHero.com. The site needs tweaking. Thank you!
Prof Lungu 8 years ago
Ha! Ha! ha!
We see!
We understand that, now that you've provided those details. Let us hear more from you, too, on this most important matter!
With respect to Mr. Kufour, we'd say the government of the day is the gov ... read full comment
Ha! Ha! ha!
We see!
We understand that, now that you've provided those details. Let us hear more from you, too, on this most important matter!
With respect to Mr. Kufour, we'd say the government of the day is the government of the day. We are no defender of Mr. Kufour. Still, the onus is on Mr. Mahama. It is he who must now do the right thing by Ghana. And that could include prosecuting anyone who cheated on the contracts, from Kufour's, to his!
So, if you saw the Final Paper as we noted, that ought to settle the matter. We are not going to write, pardon us, "Akurang-Perry-type peer review papers". Fact is, we do not have a need for those products, nor is it necessary given the setting and our point of view on larger questions.
We decided not long ago, to keep the points simple/stupid because, after so much effort and many years, even people with Ph.Ds. appeared not understand the excellent work of Mr. Kwawukume.
Simple/stupid means:
Number of Barrels!
How many Dollars!
Ghana vs. Foreign companies!
Fair-Trade Oil Share
Who Took What!
Etc.
In fact, we believe that, on the contrary, that is what the average Ghanaian wants, until the government itself starts explaining.
With respect to GhanaHero.com needing "tweaking", if you can tell us what that means, please do.
That website is definitely no fancy website!
It is a domain to host papers that are Ghana-Centered/Ghana-Proud, consistent with the vision and heritage of Dr. Kwame Nkrumah, and 21st century governance requirements (FOI Bill) that have community at the center recognizing that government has an important role, however we count the GNP.
But, everything on that old-fashioned website has a purpose, including the sound tracks for those selected pages.
We are open to other ideas, on that score!
Thanks.
d'SigNstyle 8 years ago
Pro Lungu should know better that Greece bankruptcy was as a result of tax evasion;country without Taxes is like that country is in"Redeem"
Pro Lungu should know better that Greece bankruptcy was as a result of tax evasion;country without Taxes is like that country is in"Redeem"
Get free PDF copy of final paper with graphics!
See under "Hot Updates", at:
www.ghanahero.com/FTOS_GH_Campaign.html.
Greetings!
Lungu, are you that stupid to be takling the president from thr back? What do you know about percentage in your life?
HID HIM HARD mj;THAT PROF IS OF WAY TRACK
Folks don't worry and wasting yourself to visit the www.GhanaHero.com Website from Prof Lungu, it as a Disco trash Website for Kids.
Even the 17% is being shared by Tsatsu and his old criminal friends at the GNPC. The sitting incompetent BATAKARI- Mahama has made Ghanaian more poorer after visionary KENTE-Kuffour and his `straight-Team-A` worked hard to fi ...
read full comment
Mahama and his quack socialists have again failed to improve the economy despite the unprecedented high oil revenues, high commodity prices and more than 37 billion dollars borrowed by the NDC government so far to land Ghana ...
read full comment
Sad.
I laud you for bringing this scandal to the fore - we know it is an issue that has to be confronted. But as a protagonist, I am afraid to say you have not made a compelling case to garner support for the cause. The informatio ...
read full comment
More than a compelling case has been made in a number of articles (almost all posted on Ghanaweb, ModernGhana, NewsGhana, etc. and a book by Solomon Kwawukume alone. And there are many independent researches to back him up. W ...
read full comment
Andy K cannot hide his ethnocentric gene against anything Kufuor or Npp. This problem of not getting enough of our oil revenue should be addressed without any tribal or political coloration because Ndc has done worse than Npp ...
read full comment
Justice,
You can deduce from my statement from "But if they knew...." that I am condemning the NDC much more for following on the heel of the Kufuor regime, once oil was struck on a huge commercial basis. No excuse whats ...
read full comment
Kwabena Yeboah,
We expected a lot more from you based on your record!
But we understand your frustration.
C.Y. ANDY-K has provided some background information for your situational awareness and has indicated he is rea ...
read full comment
Prof Lungu,
Brilliant response as usual. What is amazing us is the fact that, in spite of all the publications, most educated Ghanaians seem to be unaware of the PSA Efo Solo has been championing for years.
When told w ...
read full comment
Don't get me wrong, I have presented a paper on Jubilee Oilfields, and have inside information of JA Kufour and his NPP's devious deals they presented to the public. I have read Kwawukume's excellent work on the subject, as w ...
read full comment
Ha! Ha! ha!
We see!
We understand that, now that you've provided those details. Let us hear more from you, too, on this most important matter!
With respect to Mr. Kufour, we'd say the government of the day is the gov ...
read full comment
Pro Lungu should know better that Greece bankruptcy was as a result of tax evasion;country without Taxes is like that country is in"Redeem"
Thanks Prof Lungu,
Have a great weekend.