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Title: Slow progress on oil policy [Ghana]
Visit: Slow progress on oil policy [Ghana]
Author:
United Nations Integrated Regional Information Networks (IRIN)
Dated:
05 Feb 2010
Ghana needs to do more to ensure that revenue from oil production...successfully reduces poverty and avoids a “resource curse”, according to civil society leaders worried that safeguards are either inadequate or absent...The government on 20 January released a draft oil and gas regulation bill for consultation...[b]ut staff at the non-profit Integrated Social Development Centre...say while the draft bill has its strengths, it does not spell out poverty-reduction measures...“The legal and regulatory framework is absent, the policy is yet to be finalized, so contracts are hanging, nobody is monitoring and it’s looking like a perfect setting before an oil curse strikes,” ISODEC campaign coordinator Steve Manteaw [said]...For some [local communities in oil exploration areas], oil exploration is already posing a problem. Awulae Adjahe Anor III, traditional chief of Nzema Western region, told IRIN: “Our fishermen can no longer fish where they used to because of the oil rigs and that is why we need a policy document that spells out clearly how we will benefit. We are tired of the rhetoric.”
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