Oh NASA..dadaada to afei na wahu...all those policy koominiini and most of the civil society groups are on the payroll of the CIA providing intel and and info and engaging in espionage activities...u can't try this so-called ... read full comment
Oh NASA..dadaada to afei na wahu...all those policy koominiini and most of the civil society groups are on the payroll of the CIA providing intel and and info and engaging in espionage activities...u can't try this so-called civil society and policy bull shit in the Arab world...that's why America is careful with them but care less with Africa...cos with a chicken feed u can easily buy the brain and conscience of a black man from Africa
PATRIOT 7 years ago
Imani and all the pro-NPP NGOS are being funded by neo-colonialist organizations which are interfering in the internal politics of the nation in the name of promoting democracy and good governance.Recently Franklin Cudjoe wen ... read full comment
Imani and all the pro-NPP NGOS are being funded by neo-colonialist organizations which are interfering in the internal politics of the nation in the name of promoting democracy and good governance.Recently Franklin Cudjoe went to Australia,a trip funded by his neo-colonialist sponsors.Promoting good governace and democracy is an euphemism for western neo-colonialist nations/ organizations[CIA,USAID,BRITISH COUNCIL,etc] for interfering in the internal affairs of a nation.
CICERO 7 years ago
Well it is interesting that you are now catching up with IMANI's shenanigans under the guise of an African think-tank. Franklin Cudjoe was compromised years back and is now showing his true colours, particularly to hold breat ... read full comment
Well it is interesting that you are now catching up with IMANI's shenanigans under the guise of an African think-tank. Franklin Cudjoe was compromised years back and is now showing his true colours, particularly to hold breath for Mahama and benignly maintain the political status quo in Ghana to ensure the second millennium compact is successfully implemented.
On the blind side of many in Ghana the US is reaching out for Africa's energy sources with their Power Africa agenda. This darling stooge of the west is part of the front in this nefarious acquisition of the energy sources of Africa nations.
and Mr Patriot get your facts right please for Franklin Cudjoe and IMANI are not a pro NPP think-tank. As it has become apparent, the have sold their soul to empire and the empires allies in political high places in Ghana and elsewhere.
People like are so shallow and blinded by your hatred for NPP for your own petty and parochial reasons that you have refused doggedly to see through the prism of deceit and lies your NDC Mahamafias have been perpetrating on the gullible Ghanaians.
Samson 7 years ago
It is very sad that Cicero has reduced such an important essay to the cheap NPP /NDC politics. The issues discussed and the comments by Kwarteng and others are what we should be talking about. Enough of the NPP / NDC accusati ... read full comment
It is very sad that Cicero has reduced such an important essay to the cheap NPP /NDC politics. The issues discussed and the comments by Kwarteng and others are what we should be talking about. Enough of the NPP / NDC accusations and counter accusations.
CICERO 7 years ago
By the way excellent piece of investigative essay and thanks for confirming the treachery of Franklin Cudjoe and IMANI Africa
By the way excellent piece of investigative essay and thanks for confirming the treachery of Franklin Cudjoe and IMANI Africa
Francis kwarteng 7 years ago
Thanks for this wonderful essay.
This is a question I have discussed with friends.
Thanks.
Thanks for this wonderful essay.
This is a question I have discussed with friends.
Thanks.
V. POPULI 7 years ago
I listen to this same Franklin Cudjoe of Imani and the Occupy Ghana man by the name of Sydney Casely-Hayford and I feel that with traitors such as these Ghana's journey will not be easy. May God help us.
I listen to this same Franklin Cudjoe of Imani and the Occupy Ghana man by the name of Sydney Casely-Hayford and I feel that with traitors such as these Ghana's journey will not be easy. May God help us.
Ghana Cries 7 years ago
IMANI and Cudjoe lost credibility a long time ago. Even not so critical thinkers see through his strange way of thinking and lack of credible pivot. Thanks Mr writer for confirming our suspicions. Good job.
IMANI and Cudjoe lost credibility a long time ago. Even not so critical thinkers see through his strange way of thinking and lack of credible pivot. Thanks Mr writer for confirming our suspicions. Good job.
xxyz 7 years ago
Franklin Cudjoe and his IMANI as well as all the democracy watch groups should continue to intensify their fire on your stinky stealing asses. A bunch of criminals who have hijacked Ghana's progress
Franklin Cudjoe and his IMANI as well as all the democracy watch groups should continue to intensify their fire on your stinky stealing asses. A bunch of criminals who have hijacked Ghana's progress
Prof Lungu 7 years ago
Dade Afre Akufu,
Taking on IMANI as you've done, is necessary considering the recent deplorable conduct and pronouncements from IMANI. We ourselves have written a couple of papers taking IMANI, their leadership in particula ... read full comment
Dade Afre Akufu,
Taking on IMANI as you've done, is necessary considering the recent deplorable conduct and pronouncements from IMANI. We ourselves have written a couple of papers taking IMANI, their leadership in particular, to task.
That said, you paint with a rather large brush when you lump all those IMANI "benefactors" into one basket and assign "Subversive to Africans", on their foreheads, so to speak.
The ICJI recently were a key part in producing the Panama Papers that regardless of ones political calculus, is a good for the world, Africa included.
Further, to cite a US Congress Study from 1976 to buttress some of your points sounds pretty dated.
All that said, thanks for your essay. We consider it part of the growing body of critiques at the doorstep of IMANI and its leaders.
C.Y. ANDY-K 7 years ago
Thanks so much for this excellent article. You must not sit on your oars but be relentless in writing to further expose the shenanigans of these so-called thinks tanks fronting for our neo-colonial masters and corporate inter ... read full comment
Thanks so much for this excellent article. You must not sit on your oars but be relentless in writing to further expose the shenanigans of these so-called thinks tanks fronting for our neo-colonial masters and corporate interests in even America, as a recent article on Think Tanks has charted.
We in the FTOS-PSA Ghana Campaign have been pointing out to no avail and showing evidence of how the Oil Lobby and the British DFID have bought up all those oil and gas related NGOs and state institutions in Ghana. But as you pointed out in your concluding remarks, no amount of data,graphs, analyses, etc. is enough to breach the almost impregnable stranglehold they have on the minds and stomachs those on the take and the victims alike. You have just embolden me to go ahead to complete editing a bit a joint article by myself and Prof. Lungu Efo Solo had pleaded that we shouldn't publish. But we can't sit and continue treating these people with kids gloves when they practically are in cahoots with extractive capital with their fingers pressed on our jugular.
Below is an extract from a recent article emnanating from the ACEP-sponsored so-called debate on the recently passed E&P Bill, ACEP being a major recipient of the Oil Lobby funds, btw.
The devastating effect of the sell-out of our oil resources is explained below.
Andy-K
-----------------------------------
Clauses 85-89
The fiscal provisions in essence are skewed towards collection of taxes which in practice are difficult to collect from multinationals. The foreign oil companies earned US$13.329 Billion gross revenue in five years of operations at the Jubilee Fields which should attract US$3.553 billion in taxes but ended up paying under US$500 million for both taxes and surface rentals. They did not pay any tax over the last 2 years because they claimed they were making losses. As pointed out in the Auditor General’s Report, the required oversights had so far not even been activated. A PSA avoids much of those hassles.
To say the Ghana Hybrid System can achieve the same or better results than the time tested PSA which the existing Laws support is a deceit and preposterous.
To back our position that the PSA is by far rather superior to the Ghana Hybrid System, GIGS used the meticulous analysis of the official Quarterly Petroleum Receipts and Distribution Reports released by the Ministry of Finance from 2011-2015, under the so-called Ghana Hybrid System which is without any legal framework backing it, Ghana the Sovereign owner of the oil resources received 28,117,764 barrels valued at US$2,650,352,317, representing 16.59% of total production revenue.
With taxes and surface rentals paid by the FOC added, Ghana earned a total of US$3,111,613,783 representing 19.40% of total production revenue of US$15,980,235,948 as ‘’ Government Take’’.
During the same period, the FOCs received 144,417,622 barrels, worth gross value of US$13,329,883,363 representing 83.41% of total production revenue.
After payment of taxes and surface rentals, they had a net gross of US$12,868,622,165 representing 80.60% of total production revenue.
If Ghana had adopted the world standard PSA which existing Laws PNDC 64 & PNDC 84 support, adopted by even South Sudan, the newest country in the world, Niger, Chad, Gabon, Equatorial Guinea, Libya, Nigeria, Angola, Malaysia, Cameroun, Indonesia and more than 80 other countries, Ghanaians as sovereign owners of the oil should have received 101,941,628 barrels valued US$9,608,909,293 representing 60.10% of total production revenue as ‘’Government Take’’.
Even if Ghana had adopted PSA and opted for ‘’ Profit Oil’’ only, without Royalties, Surface Rentals and Corporate Taxes and Participating Interests, Ghana would have lifted 81,207,449 barrels valued US$7.662 billion in the first five years representing 47.70% of total production revenue as ‘’Government Take’’.
The argument by Mr. Mutawakilu that we did not know the cost of exploration, development and production of Jubilee Fields is laughable. What Ghanaians did not know but we know from Day (1), when the Jubilee partners entered the field, to the last day in 30 years when the field is supposed to be exhausted, about US$10 billion will be spent on the entire project. Approximately about US$6 billion for exploration and development of Phase-1 and Phase-2 and about US$4 billion as operating and technical costs would have been spent. However, from our analysis and computation a net gross of US$12.868 billion was earned representing 80.60% of total production revenue in 5 years while Ghanaians, sovereign owners of the oil, earned US$3,111,613,783, i.e., 19.40%, as Government Take representing Royalties, Carried and Participating Interests, Corporate Taxes and Surface rentals.
The unsupported claim by Dr. Amin that Ghana is currently earning 54% as Government Take from the Jubilee Fields and the new agreements signed under NDC would generate 75% as Government Take under the Ghana Hybrid System is a public intellectual deceit to the highest order. Our analyses do not support his claim; both Jubilee and TEN are likely to yield between 20%-30% as Total Production Revenue each as Government Take.
This is the system the Ministry of Petroleum, Petroleum Commission, Energy Commission, GNPC and our Representatives in Parliament say is good for Ghana even though they are aware the Ghana Hybrid System would make Ghana earn less than 25% of Total production Revenue as Government Take. And this is supported strongly by ACEP, NRGI, CSO PLATFORM on Oil and Gas, IEA, IMANI, PIAC and others who are heavily funded by the World Bank, Oxfam America, Star Ghana, DFID and the Oil Companies through their so-called Corporate Social Responsibility Fund to deceive and brainwash all sectors of the Ghanaian public, including the seat of Government and Parliament, to believe that what Ghana is doing is the best and modern system. From the analysis above, the two (2) systems cannot produce same results.
In conclusion, the Ghana Institute of Governance and Security (GIGS) joined by the Fair-Trade Oil Share-GH PSA Campaign Team are opposed to the fiscal provisions and other related provisions contained in the Bill/Law which we have considered very inimical to the interest of the people of Ghana, both the present generation and future ones yet unborn. The statement and claim by the Minister of Petroleum that the Bill or the Law will be robust to protect the interest of Ghana is false and a public deceit to the highest order. The whole Petroleum Ministry and others who were in charge of handling this issue from the NPP administration to the current NDC administration should be charged with the offence of causing financial loss to the State, representing Ghanaians.
Solomon Kwawukume
Senior Research Officer (Oil & Gas) GIGS
National Coordinator - FTOS-GH PSA Campaign
G. K. Berko 7 years ago
Thank you, Mr. Afre Akufu! We need more of your illumination on what we have to deal with to really move in the right direction.
We have to pause at some point, in our developmental journey, to ask if any guide we 'hire' ... read full comment
Thank you, Mr. Afre Akufu! We need more of your illumination on what we have to deal with to really move in the right direction.
We have to pause at some point, in our developmental journey, to ask if any guide we 'hire' is leading us in the direction of our intended destination. We could beg for directions, too. But ultimately, it is us who have to put two-and-two together to ensure we are heading where we need to go.
In our own best interest, we must not abandon the full use of our intellect to replace it with that of another, especially, when questions of trust still hang in a balance. Our destiny is ours to shape. We could pick a tool or two from elsewhere to do so. But once we fully delegate the responsibility to another, we abandon our ownership to that destiny.
The Cold War may have ended. But the warm one continues with vacillating degrees. We ought to stay alert just as you have been to navigate our Nation's health to optimum. That demands of us to be extra-vigilant, or we may be too complacent, and allow those close to us either pull away from us when we need them most, or push us too tightly to get us overheated.
Many so-called intellectuals among us have assigned themselves to serving the interests of our former Imperialist masters over our own for the sheer benefit of larger recognition. Others do so for pure financial gains. It would take the real patriots to shield us from their betrayal, which sometimes is foisted upon them, or they get naively sucked into doing.
These times of formal absence of direct intervention into our affairs by external powers, in fact, demand our greatest efforts in staying vigilant because they give us a false sense of absolute security. That is when we tend to let our guards down and let these pernicious agents take over our lives surreptitiously.
The growing demand for democratic reforms around the Globe has been hijacked for a conduit to slip in the neo-imperialist goals.
Therefore we cannot allow the IMANIs to operate without full accountability to our citizens. Thank you, again, for your good work!
Oh NASA..dadaada to afei na wahu...all those policy koominiini and most of the civil society groups are on the payroll of the CIA providing intel and and info and engaging in espionage activities...u can't try this so-called ...
read full comment
Imani and all the pro-NPP NGOS are being funded by neo-colonialist organizations which are interfering in the internal politics of the nation in the name of promoting democracy and good governance.Recently Franklin Cudjoe wen ...
read full comment
Well it is interesting that you are now catching up with IMANI's shenanigans under the guise of an African think-tank. Franklin Cudjoe was compromised years back and is now showing his true colours, particularly to hold breat ...
read full comment
It is very sad that Cicero has reduced such an important essay to the cheap NPP /NDC politics. The issues discussed and the comments by Kwarteng and others are what we should be talking about. Enough of the NPP / NDC accusati ...
read full comment
By the way excellent piece of investigative essay and thanks for confirming the treachery of Franklin Cudjoe and IMANI Africa
Thanks for this wonderful essay.
This is a question I have discussed with friends.
Thanks.
I listen to this same Franklin Cudjoe of Imani and the Occupy Ghana man by the name of Sydney Casely-Hayford and I feel that with traitors such as these Ghana's journey will not be easy. May God help us.
IMANI and Cudjoe lost credibility a long time ago. Even not so critical thinkers see through his strange way of thinking and lack of credible pivot. Thanks Mr writer for confirming our suspicions. Good job.
Franklin Cudjoe and his IMANI as well as all the democracy watch groups should continue to intensify their fire on your stinky stealing asses. A bunch of criminals who have hijacked Ghana's progress
Dade Afre Akufu,
Taking on IMANI as you've done, is necessary considering the recent deplorable conduct and pronouncements from IMANI. We ourselves have written a couple of papers taking IMANI, their leadership in particula ...
read full comment
Thanks so much for this excellent article. You must not sit on your oars but be relentless in writing to further expose the shenanigans of these so-called thinks tanks fronting for our neo-colonial masters and corporate inter ...
read full comment
Thank you, Mr. Afre Akufu! We need more of your illumination on what we have to deal with to really move in the right direction.
We have to pause at some point, in our developmental journey, to ask if any guide we 'hire' ...
read full comment