sharing in governance of extractive industries
The committee after its findings recommended that the Texas-based oil and gas exploration company pays a fine of $35 million to the government of Ghana. In sharp response, Kosmos referred to the fine as baseless and unlawful.
The oil industry is known to be fraught with…Continue
The people of Etiema are ready to take a court action against Agip, a major oil company operating in the oil-rich Niger Delta for what they describe as an unfair treatment. The people bemoaned since oil production started in 1971, there have been no significant improvement in their livelihoods.
In an interview with the Chief of Etiema, Howels Idibo Ebifate, he said “we are dying, the oil companies left us like that”. “Many of our children died as a result of negative oil operations”,…Continue
Chiefs and community leaders in the Niger Delta have charged oil communities in Ghana to carefully screen their leaders before giving them the mandate to negotiate on their behalf with oil companies and governments. The chiefs and community leaders in Oruma and Rumuekpe revealed that oil companies in the Niger Delta use divide-and-rule tactics where money is used to influence leaders to the total neglect of the welfare of entire communities.
The chiefs of Oruma, Joseph Efanga and…Continue
Added by Stephen Yeboah on May 27, 2011 at 21:24 — No Comments
A glaring plunder of mining revenues has been revealed in the Extractive Industries Transparency Initiative (EITI) aggregate report of Ghana. The aggregated audit report meant to collect, analyze and reconcile payments made by mining companies to the government and to reconcile mining companies’ submissions of mining benefits payments to those received by the government was made known in Ghana EITI – Dissemination Workshop held in Kumasi on January 31, 2011.
The workshop that brought…Continue
Added by Stephen Yeboah on February 13, 2011 at 16:02 — No Comments
Close to being a seemingly hopeless economic venture, mining- with its immense wealth- continues to sap the vitality of resilient people and capacity of the economy. The recent ‘alleged’ cyanide spillage by Newmont in Subri River is not surprising at all when the highly-rated mining company happens to be the 2009 award winners of the most irresponsible company in the world.
The mining sector has always defied logic analysis. It still remains a fact that mining in Ghana has rarely had…Continue
Added by Stephen Yeboah on January 20, 2011 at 13:00 — No Comments
Added by Stephen Yeboah on November 25, 2010 at 18:59 — No Comments