Tuesday, 23 March 2010

GHANA'S OIL, GAS RESOURCES...How should expected revenue be used? (JUNIOR GRAPHIC, PAGE 15, MARCH 24, 2010)

I think the oil revenue needs to be utilised in such a way that each Ghanaian will benefit.
Managers of the oil and gas revenue should explore ways in which every Ghanaian, irrespective of his or her location in the country, can have a share of the expected revenue by way of infrastructural development. The government can also use the oil money to improve the educational and health sectors and construct roads.
I would also want the government to use the oil money to build more schools in deprived areas such as the northern part of the country. For instance, I would want to see the setting up of a university, preferably an agricultural university, to help train the youth to become better agriculturists in the future.

I would want to advise the government to ensure that the revenue that will accrue to the nation from oil and gas is used to develop the country.
There are certain sectors of the economy, such as agriculture, health and education, that require a number of facilities which are currently lacking. In the area of education, for instance, I would like to appeal to the government to spend part of the money to train more teachers and build more schools for deprived communities. That way, many young people will be trained and given good education.
With that education, they will become better persons to lead this nation in future. In the north, many communities lack good roads so I would be very happy if part of the revenue is used to provide good roads to open up the hinterland.

I think the oil and gas revenue should be fairly distributed and also invested in the educational sector.
I am particularly worried about the lack of teachers in the classrooms and I would want the government to use the expected revenue from the oil and gas industry to improve the working conditions of teachers.
I would also want to see the provision of more educational infrastructure in the country. With education, a lot more people will be trained and the country will be endowed with quality human resources to handle the affairs of the country.


I think the oil revenue will help the government to develop the country. It is my expectation that with the discovery of the black gold (oil), the right discussions will go on to ensure that the entire nation profits from the rich resource that has just been discovered.
I am of the conviction that the oil that has been discovered, apart from placing Ghana among the group of oil-producing nations, will help solve the occasional fuel shortages which disrupt economic activities in the country.
I hope the government will make good use of the expected revenue so that both present and future generations will benefit from it.

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