Economy Has Shrunk By 5% – NPP
Ghana’s gross domestic product (GDP), notwithstanding the discovery of oil, has only increased from $28.5 billion in 2008 to a projected $40 billion in 2016, a 40 percent increase in eight years,...
Tag: oil revenues
18 Ghana-Centered Marching Orders For Serious Akufo-Addo!
Coming Soon to these Same Pages: However you slice and dice it, on numerous occasions and through various media, you can bet your bottom cedi we did our best to forewarn Fallen Mr. Mahama and his...
Six Years of Oil In the Eyes of Labour
In the eyes of the operators of Jubilee oil field, it was a record time of development from discovery to first oil in December 15, 2010. To the government of Ghana, getting the Petroleum Revenue...
Six Years of Oil In the Eyes of Oil’s Staff
In the eyes of the operators of Jubilee oil field, it was a record time of development from discovery to first oil in December 15, 2010. To the government of Ghana, getting the Petroleum Revenue...
How the NDC Plundered $6B In Ghana Oil Cash
"...To repeat, in nearly 6 years of oil production at the Jubilee Oil Fields under Mahama and his NDC party, Ghana received just $3.3 billion out of nearly $17 billion dollars in oil...
Petroleum Exploration And Production Law (2016) Act 919
‘’Imagine what Africa will look like when it has fully tapped into its potential‘,’ he said citing opportunities in agriculture, manufacturing and intra-African trade. ‘’But Africa and...
Western Region To Become An Oil Services Hub For West Africa – Akufo-Addo
The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, has assured the people of the Western Region that his government, God-willing from January 2017, will develop...
Western Region Will Be West Africa’s Oil Hub – Akufo-Addo
The 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, has assured the people of the Western Region that his government, God-willing from January 2017, will develop...
Oil Fails To Lift Agric Sector
Growth in the agriculture sector has failed to mirror annual allocations of oil revenues to the sector, raising concerns over the ability of oil proceeds to lift the farming business from its...
Public Debt Now GHS112b
Ghana’s total public debt stock, which stood at GH¢110 billion at the end of August, increased to GH¢112.4 billion at the end of September 2016, representing 67.4 percent of Gross Domestic...
Bank of Ghana Reduces Policy Rate To 25.5%
The Monetary Policy Committee of the Bank of Ghana (BoG) on Monday reduced the policy rate to 25.5 percent from 26 percent. Even though commercial banks were praying for 100 basis points reduction,...
The Variety of ‘Oil City’
About a month ago, photographer Eugenio Grosso traveled a 70-mile stretch in northern Iraq, from the city of Kirkuk to Sulaymaniyah in the country's Kurdish region. He had only one purpose: to...
Stabilisation Fund Reaches All-Time Low; Faces Collapse
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an...
Stabilisation Fund Reaches All-Time Low
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an...
What Is Wrong With The Akans, (Especially Fantis) Anyway? Part 2
A few days ago, Mahama’s Chief of Staff, Julius Debra REPEATED Candidate Mahama’s spiel at a rally in the North, that Mahama is one of them, and so they should vote for him. Nobody has raised any...
Mahama Oil Hybrid System (MOHS) Is Confirmation of Neo-Colonial Bondage (Part 1)
By: Prof. Lungu and Andy C. Y. Kwawukume "...Without doubt, this is the most consequential Ghanaian public policy question since the overthrow of Kwame Nkrumah...During the last 5 years alone, Ghana...
I Felt Like Absconding When I Took Over From Jonathan —Buhari
President Muhammadu Buhari said, yesterday, that he almost left the country when he discovered that the nation’s treasury was empty as he assumed office. The President, who spoke during a...
Terkper Hunts For US$2bn From China
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion loan facility it abandoned in 2014. The government suspended discussions with the...
We’ll Use Oil Revenue To Pay Government’s Borrowing
The Minister of Finance, Seth Terkper has indicated that government will continue to use revenue from the country’s oil and gas resources to pay its borrowing. “We are going to continue to set...
Congrats To CPP For Policy To Repeal Mahama’s Predatory Oil Contract Law
"....the FTOS-Gh Campaign and all supporters of the movement, including signatories of the petition, among them Ms. Samia Nkrumah, hereby congratulate Mr. Ivor Greenstreet and the CPP for the bold,...