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.