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Wednesday 15 December 2010

Ghana and Oil: Has Any Lesson Been Learned From Nigeria?

First published in December 2010

Image credit: Pixabay


Today Ghana has qualified as an oil-producing nation.  In my last post on the same subject, I stated the need for Ghana to take the development of local engineering skills content seriously if they are to avoid the mistakes which Nigeria made.  However, fears are being expressed that the whole process may have been rushed without adequate planning and preparation for the future. The oil and gas sector is huge and if well planned and managed revenue that will accrue over time has the potential of elevating Ghana to the same level as China, India, and Brazil. 

Wednesday 1 December 2010

Ghana Must Plan For The Future

First published in December 2010
Image credit: Pexels

It was a busy day for me, yesterday. but I managed to wade through the day. Snow fell overnight and still falling. I called the nursery and they were open but not sure if they stay open the rest of the day. Heck! I still took my daughter there anyway so she can join other kids at the nursery to make snowman so that I can have the focus on work. Got there and they turned us back saying some staff had phoned in to take a day off. Its great being a dad but sometimes it makes no sense when you look into the future based on what is happening today especially as an African. Being an aware African living in the west can be quite challenging and sometimes depressing. It looks bad for the African from anywhere he exists and worst on the continent we all call home.
I happen to stumble upon a news item titled “In The Name Of Oil, Ghana Is Already Swimming in a Flood of Debt”. Given the recent gains made by the people of Ghana in sustaining  what is beginning to take the shape of a democratic system we can be forgiven for singing the praises of the Ghanaian leadership. Ghana has found oil which has attracted the foreign parasites. They have smelt blood and are circling with their mouth wide open and fang-like teeth exposed and ready to hack into the pie.