and if we had not given our gold fields to foreigners we would have 10 times more from gold
and if we had not given our gold fields to foreigners we would have 10 times more from gold
PRINCE KWASI ADADE 9 years ago
GHANA HAS BEEN RAPED BY NDC IDIOTS. WE DO NOT NEED ANY NATIONAL ECONOMIC FORUM, WE NEED A NATIONAL COURT OF JURISDICTION TO PUT MAHAMA AND HIS CABINET ON TRIAL. GHANA'S HOPELESS ECONOMIC SITUATION, TODAY, IS TOTALLY UNACCEPTA ... read full comment
GHANA HAS BEEN RAPED BY NDC IDIOTS. WE DO NOT NEED ANY NATIONAL ECONOMIC FORUM, WE NEED A NATIONAL COURT OF JURISDICTION TO PUT MAHAMA AND HIS CABINET ON TRIAL. GHANA'S HOPELESS ECONOMIC SITUATION, TODAY, IS TOTALLY UNACCEPTABLE. NDC HAS OVER THE PAST 5 YEARS PRESIDED OVER THE BIGGEST RESOURCES IN OUR HISTORY INCLUDING CRUDE OIL & STEALTH TAXES. THEY HAVE ALSO CONTRACTED THE BIGGEST LOANS IN OUR HISTORY. IF THEY HAVE NOTHING TO SHOW FOR THIS AND THE ECONOMY IS IN SHAMBLES, THEN,THEY MUST BE PROSECUTED. THEY MUST GIVE THE MONEYS BACK TO THE TREASURY. WE DO NOT NEED ANY ECONOMIC FORUM. SET UP A COURT IMMEDIATELY. IT HAPPENED IN THAILAND RECENTLY, PRIME MINISTER YINGLUCK SHINAWATRA WAS REMOVED BY THE CONSTITUTIONAL COURT FOR ABUSING POWER. LOOK AT GHANA, EMBRAER PLANE SCANDAL, STX KOREA, SUBAH, GYEEDA, WOYOMI, ISOFOTON, WATERVILLE, AFRICA AUTOMOBILE, CP, SADA, FORTIZ/MERCHANT BANK, AKONFEM AND A HOST OF OTHER DODGY JUDGEMENT DEBT PAYMENTS. BUYING VOTES WITH CASH, LAND CRUISERS & LAPTOPS JUST TO WIN ELECTIONS. WHY NDC?????? WHY??? OUR SUPREME COURT COULD NOT HELP BUT DESCRIBED IT AS "ALLIANCE TO CREATE, LOOT AND SHARE" WHAT A SHAME? ?? AND YOU CALLING GHANAIANS TO A WASTEFUL ECONOMIC FORUM. NDC, THE MONEY IS WITH YOU, GIVE IT BACK TO GHANA. NPP, I SALUTE YOUR COURAGE FOR NOT ATTENDING. NPP REMAIN SMART AND VIGILANT!!!!!!
Jato Julor (J.J.) Rawlings 9 years ago
So where is that $2 billion ,John Mahama ?
Never in the history of Maaame/Daaavi Ghana has Maaame/Daaavi Ghana accrued so much in revenues from her depletable natural resources than under the corrupt and thieving regime of ... read full comment
So where is that $2 billion ,John Mahama ?
Never in the history of Maaame/Daaavi Ghana has Maaame/Daaavi Ghana accrued so much in revenues from her depletable natural resources than under the corrupt and thieving regime of John Mahama(first president of Maaame/Daaavi Ghana with 23 children from 13 women).
So why must Ghanaians now be suffering than ever with more financial resources at our disposal ?
May the gods of Ankobra River, Asuakawkaw River, Ayensu River ,Benchema River , Bia River , Birim River, Black Volta river, Daka river ,Dayi River ,Densu River, Edam river, Fia river, Jelem river, Kwasu river,Kpeshi Lagoon, Menu river, Mo River, Nasia River ,Nini River, Nuboi River ,Nworanae River ,Ofin River ,Ongwam river, Oti River, Oyoko river ,Pra River , Pru River, Pumpum River, Sanwu river, Sene River, Tano River, Tsatsadu River,Volta River , Wawa river,White Volta River ,Wurudu River,Lake Bosumtwi, Korle,Klottey, Sakumono and Ada Foah Lagoons inflict the arses of all the stealers of the NDC with very very big 'pompors'(boils)for subjecting the majority of Ghanaians to such unbearable hardships in the 'midst of plenty'.
BEN 9 years ago
TELL US HOW MUCH GHANA EARNS FROM ALL THESE
TELL US HOW MUCH GHANA EARNS FROM ALL THESE
C.Y. ANDY-K 9 years ago
It is clear many commenting don't even understand the import of this dismal news, nothing new to some of us who have been working closely or reading Solomon Kwawukume's treatises on the billions of $$$s Ghana is actually losi ... read full comment
It is clear many commenting don't even understand the import of this dismal news, nothing new to some of us who have been working closely or reading Solomon Kwawukume's treatises on the billions of $$$s Ghana is actually losing under the current agreement with the FOCs! We have been told how much Ghana has earned from total oil lifting from its territorial soil so far and nothing about how much the foreign oil companies are ripping off our backs at our own backyard. And all you guys can do in response is ask inane qs and indulge in your usual putrid and useless insults which does not even scratch anybody's thick skin.
It is a disaster that the oil companies have bought off practically all the key journalists in Ghana, with so-called scholarships to study courses relating to petroleum and gas. Some are even on monthly retainers with them. There is therefore total silence on how Ghana is being ripped off! All we get are pathetic rationalisations of why the FOCs are entitled to the loot.
The write failed to explained why Ghana's share is rather decreasing in percentages. Fact is, it has been pre-determined by the powers that be - the World Bank and the IMF - that Ghana gets £20bn from the valued $160bn oil in the Jubilee Fields. So the foreign Jubilee Partners have worked out a mechanism to cheat Ghana, by adjusting for what we get so that at the end of 20 years, we get only £20bn irrespective of whether final output final was $160bn or $260bn! Any else we get in addition shall be portrayed as great benefit and charity to us, for which, these bought journalists shall write epilogues to praise these leeches sucking our own blood!
Ghanaians are indeed pathetic, and certainly overwhelmingly not civilised!
Andy-K
Papagello UK 9 years ago
Thanks Andy. Am very grateful that all that I have been saying has been reechoed by a gentle man like you. Please try your best if we can have some good information and let the whole Ghanaians know what is going on with our r ... read full comment
Thanks Andy. Am very grateful that all that I have been saying has been reechoed by a gentle man like you. Please try your best if we can have some good information and let the whole Ghanaians know what is going on with our resources.
insight to the bone 9 years ago
finally something sensible from you
finally something sensible from you
Watchman 9 years ago
Ghana surely need help to overcome our superciliousness and greed and arrogance and the useless,unavailing, show-me-your-PhD attitude. The so-called intellectuals are concerned only about their stomachs; they can't know anyth ... read full comment
Ghana surely need help to overcome our superciliousness and greed and arrogance and the useless,unavailing, show-me-your-PhD attitude. The so-called intellectuals are concerned only about their stomachs; they can't know anything more; after bagging a so-called PhD in a very narrow area, how can they be of any help to their own country. They can't be anything more than the fishermen and the farmers whom they leech.
We're indeed pathetic and certainly uncivilized; the journalists, foremost.
DusTY-FooT-pHiloSophER 9 years ago
Old news.
Old news.
JJ PETER -OBUASI 9 years ago
AND SO WHAT ? WE HAVE OIL IN THIS COUNTRY AND YET WE DO NOT EVEN REFINE IT IN THIS COUNTRY AND WE HAVE TO IMPORT ALMOST EVERYTHING OH GHANA .
THE PRESIDENT MUST RESIGN NOW NOW INT HE NAME OF ALLAH
AND SO WHAT ? WE HAVE OIL IN THIS COUNTRY AND YET WE DO NOT EVEN REFINE IT IN THIS COUNTRY AND WE HAVE TO IMPORT ALMOST EVERYTHING OH GHANA .
THE PRESIDENT MUST RESIGN NOW NOW INT HE NAME OF ALLAH
Say the Truth 9 years ago
EVEN UPON ALL THE ADDITIONAL OIL REVENUE COMING IN - THIS INCOMPETENT NDC GOVERNMENT IS RUNNING GHANA INTO BANKRUPTCY!!!!!!
EVEN UPON ALL THE ADDITIONAL OIL REVENUE COMING IN - THIS INCOMPETENT NDC GOVERNMENT IS RUNNING GHANA INTO BANKRUPTCY!!!!!!
ABBA 9 years ago
USELESS OIL FOUND. ONEDAY WAR IS GOING TO TEACH US SENSE IF THE POLITICIANS DO NOT CHANGE THEIR BAD BEHAVIOUR AND DEVELOPE THE NATION.
USELESS OIL FOUND. ONEDAY WAR IS GOING TO TEACH US SENSE IF THE POLITICIANS DO NOT CHANGE THEIR BAD BEHAVIOUR AND DEVELOPE THE NATION.
Omanhene(U$A) 9 years ago
YES, Ghana's share of all these oil revenues is around a meager 13%.
WHY, Amanfuo??
Because of a few reasons:
1) Ghana didn't have any trained oil experts to explore Ghana for oil. The oil was discovered by MR. BOBO (W ... read full comment
YES, Ghana's share of all these oil revenues is around a meager 13%.
WHY, Amanfuo??
Because of a few reasons:
1) Ghana didn't have any trained oil experts to explore Ghana for oil. The oil was discovered by MR. BOBO (Whiteman) and to tell us to the face, from our foolishness and technological impotence, he gave us only 13% and kept the rest. Even if I were the Whiteman, I would have offered Ghana only 5%--take it or leave it, as a punishment—since without me (the Whiteman), you couldn’t have discovered the oil in the first place—you damn Negro!!
2) Ghana, again, has VERY BAD and GREEDY ASS negotiators. The people, who negotiated the oil deal with Mr. BOBO, were damn incompetent, not skilled, not knowledgeable and, above all, TOOK BRIBES for themselves and left Ghana to hang dry.
3) That we didn't, and still do not, have the technological know-how to REFINE any high quantities of the black gold (oil). For starters, check the Tema Oil Refinery for size; and
4) Lastly, the Whiteman knows well that because of Ghana's "technological impotence", Ghana would accept any deal just to get a little something than nothing at all and sure, Mr. BOBO is doing overtime exploiting it. When will the Negro study hard, grow up, think hard and be wise enough to be counted?
The Whiteman has done, and continues to do, the same with our Gold, Diamonds, Bauxite, Cocoa, Timber and the other raw materials: WE DON'T KNOW HOW TO FIND THEM AND WE DON'T KNOW HOW TO USE THEM PROPERLY OURSELVES.
============================================================================
Ras Bo- LONDON 9 years ago
Kuffour travelled more than any President on earth yet what did you bring home?
Kuffour introduced more initiatives (PSI) than any president which one of them survived?
Kuffour`s ministerial appointments was higher than all ... read full comment
Kuffour travelled more than any President on earth yet what did you bring home?
Kuffour introduced more initiatives (PSI) than any president which one of them survived?
Kuffour`s ministerial appointments was higher than all presidents what were their achievements?
Kuffour`s time in office saw real brutality of innocent and vulnerable people but you offered no defence nor justice for them (Issah Mobilla and Yaa Naa)
Kuffour`s Turn saw over 200 people dying in a stadium which your appointee (Jake Mulato) squandered all donations both foreign and abroad.
“Kick Backs” was the term in your administration and your party chairman then confirms to that.
It is you who has made the presidency so cheap that people like Nkrabea Effah Darteh wants to be president.
Our country became the hub of Cocaine activities. The over spending of these “junkies” is what has lured every Ghanaian today to be rich at all cost.
I find it very sickening when NPP sees nothing wrong with man who has tainted their party with so much evil and embarrassment is allowed unchecked
TRICIABEL 9 years ago
NPP CAME TO POWER IN JUST EIGHT YEARS AND WHAT DID WE SEE?......WE GOT OIL WHERE NDC GOT SALT AND HEAVY INDEBTEDNESS.....KUFFUOR USED HIS BUSINESS CONNECTIONS TO FIND OIL IN COMMERCIAL QUANTITIES WHILST NDC ONLY WASTED LOTS O ... read full comment
NPP CAME TO POWER IN JUST EIGHT YEARS AND WHAT DID WE SEE?......WE GOT OIL WHERE NDC GOT SALT AND HEAVY INDEBTEDNESS.....KUFFUOR USED HIS BUSINESS CONNECTIONS TO FIND OIL IN COMMERCIAL QUANTITIES WHILST NDC ONLY WASTED LOTS OF MILLIONS OF DOLLARS FOR ZERO RESULTS....KWASIAAAAAAA RAS BO LONDON...FIND FOOD TO EAT TO GROW GOOD BRAINS AND STOP THE FAECES...ide biii ekekeeee..
Bishop 9 years ago
what have we done with the money
what have we done with the money
Hp 9 years ago
Chop.
Chop.
Bishop 9 years ago
That's the exact answer lol
That's the exact answer lol
troot tella 9 years ago
Most nations with this reserve will be pulling in this amounr bi-weekly. We are a nation of fools, because we have chosen fools to lead us. Sad :=/
Most nations with this reserve will be pulling in this amounr bi-weekly. We are a nation of fools, because we have chosen fools to lead us. Sad :=/
EZEKIEL 9 years ago
Half of that amount has gone into paying "judgement debts" and the REST disappeared and the Country in a debt of some 20Billion Dollars ?? Foolish ghanaians and their moronic govts!!
...ALL since KN's overthrow..!!!
Half of that amount has gone into paying "judgement debts" and the REST disappeared and the Country in a debt of some 20Billion Dollars ?? Foolish ghanaians and their moronic govts!!
...ALL since KN's overthrow..!!!
Broke an 9 years ago
Where is the money ???
Where is the money ???
muugunyaaro 9 years ago
And yet Ghanaians are slaves to these foreigners. They deny us jobs, cripple our economy with their greed, make our graduates useless on the streets and then enslave us. We would embark on a next revolution and this one would ... read full comment
And yet Ghanaians are slaves to these foreigners. They deny us jobs, cripple our economy with their greed, make our graduates useless on the streets and then enslave us. We would embark on a next revolution and this one would be a struggle for an improved life. A Blood for Blood. could be more violent and inhuman than boko haram. Nigeria's oil revenue and natural resources is better accounted for than Ghana's. Our politicians have qualified in exporting all our natural resources to these guys who don't even market our presence. And now we are worse stricken by poverty while our rich and poor gaps are widened more than ever.
TRICIABEL 9 years ago
THIS STEALING AND SATANIC NDC GOVT WILL SWALLOW ALL OF THIS MONEY LIKE PEANUTS AND STILL LEAVE US IN POVERTY AS IF GOD DIDNT BLESS US WITH ANY OIL AT ALL....ide biiii kekekeeee
THIS STEALING AND SATANIC NDC GOVT WILL SWALLOW ALL OF THIS MONEY LIKE PEANUTS AND STILL LEAVE US IN POVERTY AS IF GOD DIDNT BLESS US WITH ANY OIL AT ALL....ide biiii kekekeeee
ABBA 9 years ago
THE SPIRIT OF JUNE 4TH 1979 REVOLUTION IS TOTALLY DEAD BECAUSE MAHAMA LED NDC HAS LOOTED THE COFFERS OF THE NATION. NOW IT IS OBVIOUS THAT THE BLOOD OF GEN.I.K. ACHAMPONG AND ALL THOSE WHO WERE EXECUTED ARE INNOCENT.
THE SPIRIT OF JUNE 4TH 1979 REVOLUTION IS TOTALLY DEAD BECAUSE MAHAMA LED NDC HAS LOOTED THE COFFERS OF THE NATION. NOW IT IS OBVIOUS THAT THE BLOOD OF GEN.I.K. ACHAMPONG AND ALL THOSE WHO WERE EXECUTED ARE INNOCENT.
Akadu Mensema 9 years ago
There you have it: thieves
There you have it: thieves
Kanawu 9 years ago
We need a properly qualified AUDITORS of the highest calibre to properly investigate all the revenue ( since inception) and where all the money has gone to. Too may millionaires in Ghana at the cost of underdevelopment
We need a properly qualified AUDITORS of the highest calibre to properly investigate all the revenue ( since inception) and where all the money has gone to. Too may millionaires in Ghana at the cost of underdevelopment
wali 9 years ago
in oil producing country we ourselves
have no petro in accra what is wrong with ghana
in oil producing country we ourselves
have no petro in accra what is wrong with ghana
Kweku 9 years ago
I'm confused at this article, who is the writer and what is his source of information. He keeps referring to some tables, where are they? I hope this is not an attempt to throw dust into our eyes. Anyway if we have this money ... read full comment
I'm confused at this article, who is the writer and what is his source of information. He keeps referring to some tables, where are they? I hope this is not an attempt to throw dust into our eyes. Anyway if we have this money then I guess we can pay the $1.8b so that we don't get fuel shortages again
GBORTSUI 9 years ago
...YET THERE'S NOTHING TO SHOW UNDER NDC.
...YET THERE'S NOTHING TO SHOW UNDER NDC.
Kwaku 9 years ago
Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil moni ... read full comment
Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil monies goes to pay the whiteman on the sea working whiles the blackman sleeps. The truth hurts but folks, we are here and Indians come to drill bore hole for us. what can we do? For the oil money no government can touch it. you can verify from Parliament. It is called Heritage Fund and need approval from Parliament before it can be touched. NDC and NPP will have to agree first. Unfortunately both Parties are full of thieves so they may in future agree to use some on their concubines. For now GHANA has not utilized its small share of this USD2billion.
Kwaku 9 years ago
Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil moni ... read full comment
Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil monies goes to pay the whiteman on the sea working whiles the blackman sleeps. The truth hurts but folks, we are here and Indians come to drill bore hole for us. what can we do? For the oil money no government can touch it. you can verify from Parliament. It is called Heritage Fund and need approval from Parliament before it can be touched. NDC and NPP will have to agree first. Unfortunately both Parties are full of thieves so they may in future agree to use some on their concubines. For now GHANA has not utilized its small share of this USD2billion.
mugu1 9 years ago
thank God mr mahama is the president.this kind of new revenue coming has make some people eye very RED
thank God mr mahama is the president.this kind of new revenue coming has make some people eye very RED
kwesi 9 years ago
With all that money and big talk what do we as a country have to show for two billion extra dollars of income? Am I supposed to to giggle to this news? F***k that s**t !!!!
With all that money and big talk what do we as a country have to show for two billion extra dollars of income? Am I supposed to to giggle to this news? F***k that s**t !!!!
HAZOR 9 years ago
Look at our roads craters and manholes are not enough but abandon and the uselesss government going around begging for $60 million.Ghanaians where is your patriotism sitting unconsent for Mahama and his criminal to steal the ... read full comment
Look at our roads craters and manholes are not enough but abandon and the uselesss government going around begging for $60 million.Ghanaians where is your patriotism sitting unconsent for Mahama and his criminal to steal the money.The people of Kwahu Ridge drinking toxic water.The people of Tei-Mensah # 2 drinking water from gutter,School pupils in Niisilburg in the Northern region has no school building and has to sit in soil and write and school pupils has to swim across rivers to go to school.Where is the money?Folks Tunisia has done it Egypt too,Thai-land Ukraine has done it and now Iraq is back and why do we have to sit for these criminal to denial us basic needs?
AKONFEM MAHAMA 9 years ago
INCOMPETENT MAHAMA WHERE ARE THE MONEY??? TOOO MUCH CORRUPY IN MAHAMA ANANSE GOVT,KWASEA MAHAMA SAID HE CHOP ALL GHANA MONEY AND LEFT BONES, SAD AND SHAME,OFUI
INCOMPETENT MAHAMA WHERE ARE THE MONEY??? TOOO MUCH CORRUPY IN MAHAMA ANANSE GOVT,KWASEA MAHAMA SAID HE CHOP ALL GHANA MONEY AND LEFT BONES, SAD AND SHAME,OFUI
PABRO CORREA 9 years ago
All this money has been used for the purpose of chop chop.
All this money has been used for the purpose of chop chop.
YEBOPOWER 9 years ago
BLAME KWAME NKRUMAH SCHOLARSHIP FUND FOR THESE FULANI HERDSMEN.
BLAME KWAME NKRUMAH SCHOLARSHIP FUND FOR THESE FULANI HERDSMEN.
NII ARMAH 9 years ago
TRUTH DOESN'T KILL. ONE DAY ALL THOSE LIES WILL BE BURIED WITH IN 7 FEET?
TRUTH DOESN'T KILL. ONE DAY ALL THOSE LIES WILL BE BURIED WITH IN 7 FEET?
********* 9 years ago
Enough said. The question now is; where is the money?
Enough said. The question now is; where is the money?
Agbesi 9 years ago
It doesn't reflect the conditions on the ground. Ghanaians are all hustling except these inept so called leaders
It doesn't reflect the conditions on the ground. Ghanaians are all hustling except these inept so called leaders
Dr. B 9 years ago
Where are the roads, hospitals, education support, science development, what are we using this monies for?wish this would translate to a better Ghana, because for now we cannot see beyond cocoa or gold!
Where are the roads, hospitals, education support, science development, what are we using this monies for?wish this would translate to a better Ghana, because for now we cannot see beyond cocoa or gold!
Adenu 9 years ago
Now, lets ask mahama and his ndc, where is the money. Even now we are suffering more, stupid fools. They will account for what they are chopping after next election.
Now, lets ask mahama and his ndc, where is the money. Even now we are suffering more, stupid fools. They will account for what they are chopping after next election.
Revenue Inspector 9 years ago
Tweaa! We, as the owners bonafide owners, are getting less than 20% of what is rightfully ours. What is the sense in this deal?
I would rather we curtailed all production with immediate effect and leave the asset for generat ... read full comment
Tweaa! We, as the owners bonafide owners, are getting less than 20% of what is rightfully ours. What is the sense in this deal?
I would rather we curtailed all production with immediate effect and leave the asset for generations to come. Hopefully, one they would have the know-how to mine the oil themselves and own a better share of the asset. After all, after four years of production, the revenue from the oil find is not alleviating our problems.
Joe Turkey 9 years ago
This is the legacy Jerry Rawlings bequeathed on Ghana
This is the legacy Jerry Rawlings bequeathed on Ghana
KB 9 years ago
Right you say,ABBA!Hmmm,ABBA a,na eeeyoh!LOL!To wit,when it is coming then it is doing..!LOL!
Right you say,ABBA!Hmmm,ABBA a,na eeeyoh!LOL!To wit,when it is coming then it is doing..!LOL!
kretz - d 9 years ago
....and what is the government using that money for? Our hospitals are under equipped, school children swim rivers to go to school, our roads are crumbling and yet they keep telling Ghanaians how much they have from oil. Besi ... read full comment
....and what is the government using that money for? Our hospitals are under equipped, school children swim rivers to go to school, our roads are crumbling and yet they keep telling Ghanaians how much they have from oil. Beside all these, government still wants to tap money from the heritage funds...why? So, can't Ghanaians see that our government leaders are playing games with our lives? NDC government leaders are sharing wealth amongst themselves.
EC 9 years ago
Oh interesting and $20million dollars has been used to build a multi-storey NDC party headquarters at Adabraka cheap, whilst Publishers are wallowing in debt for printing atlas for schools for which they haven't been paid by ... read full comment
Oh interesting and $20million dollars has been used to build a multi-storey NDC party headquarters at Adabraka cheap, whilst Publishers are wallowing in debt for printing atlas for schools for which they haven't been paid by gov't, caterers under the school feeding program have not been paid, nurses are having problems getting paid, Christian hospitals have not been paid under the NHIS and therefore have resorted to the cash and carry system with it's problems on patient mortality, filth has engulfed the country and especially Accra like a dumpsite, flooding is the order of the day when the rains set in, but an order is given for drains to be constructed in the midst of the floods etc, etc, and we wonder why the country is sinking further and further into the abyss. What a joke...
Asoreba 9 years ago
Schools are crumbling, hospitals are empty, streets are dark, small businesses cannot function for lack of electricity, no good drinking water, sanitation at it's worst, workers and contractors not paid, roads in worse shape, ... read full comment
Schools are crumbling, hospitals are empty, streets are dark, small businesses cannot function for lack of electricity, no good drinking water, sanitation at it's worst, workers and contractors not paid, roads in worse shape, cost of living going up everyday, factories and companies stopped production, unemployement at all time high, the Ghanaian currency not worth a toilet paper and the list goes on .....
Where is the money we are talking about?
and if we had not given our gold fields to foreigners we would have 10 times more from gold
GHANA HAS BEEN RAPED BY NDC IDIOTS. WE DO NOT NEED ANY NATIONAL ECONOMIC FORUM, WE NEED A NATIONAL COURT OF JURISDICTION TO PUT MAHAMA AND HIS CABINET ON TRIAL. GHANA'S HOPELESS ECONOMIC SITUATION, TODAY, IS TOTALLY UNACCEPTA ...
read full comment
So where is that $2 billion ,John Mahama ?
Never in the history of Maaame/Daaavi Ghana has Maaame/Daaavi Ghana accrued so much in revenues from her depletable natural resources than under the corrupt and thieving regime of ...
read full comment
TELL US HOW MUCH GHANA EARNS FROM ALL THESE
It is clear many commenting don't even understand the import of this dismal news, nothing new to some of us who have been working closely or reading Solomon Kwawukume's treatises on the billions of $$$s Ghana is actually losi ...
read full comment
Thanks Andy. Am very grateful that all that I have been saying has been reechoed by a gentle man like you. Please try your best if we can have some good information and let the whole Ghanaians know what is going on with our r ...
read full comment
finally something sensible from you
Ghana surely need help to overcome our superciliousness and greed and arrogance and the useless,unavailing, show-me-your-PhD attitude. The so-called intellectuals are concerned only about their stomachs; they can't know anyth ...
read full comment
Old news.
AND SO WHAT ? WE HAVE OIL IN THIS COUNTRY AND YET WE DO NOT EVEN REFINE IT IN THIS COUNTRY AND WE HAVE TO IMPORT ALMOST EVERYTHING OH GHANA .
THE PRESIDENT MUST RESIGN NOW NOW INT HE NAME OF ALLAH
EVEN UPON ALL THE ADDITIONAL OIL REVENUE COMING IN - THIS INCOMPETENT NDC GOVERNMENT IS RUNNING GHANA INTO BANKRUPTCY!!!!!!
USELESS OIL FOUND. ONEDAY WAR IS GOING TO TEACH US SENSE IF THE POLITICIANS DO NOT CHANGE THEIR BAD BEHAVIOUR AND DEVELOPE THE NATION.
YES, Ghana's share of all these oil revenues is around a meager 13%.
WHY, Amanfuo??
Because of a few reasons:
1) Ghana didn't have any trained oil experts to explore Ghana for oil. The oil was discovered by MR. BOBO (W ...
read full comment
Kuffour travelled more than any President on earth yet what did you bring home?
Kuffour introduced more initiatives (PSI) than any president which one of them survived?
Kuffour`s ministerial appointments was higher than all ...
read full comment
NPP CAME TO POWER IN JUST EIGHT YEARS AND WHAT DID WE SEE?......WE GOT OIL WHERE NDC GOT SALT AND HEAVY INDEBTEDNESS.....KUFFUOR USED HIS BUSINESS CONNECTIONS TO FIND OIL IN COMMERCIAL QUANTITIES WHILST NDC ONLY WASTED LOTS O ...
read full comment
what have we done with the money
Chop.
That's the exact answer lol
Most nations with this reserve will be pulling in this amounr bi-weekly. We are a nation of fools, because we have chosen fools to lead us. Sad :=/
Half of that amount has gone into paying "judgement debts" and the REST disappeared and the Country in a debt of some 20Billion Dollars ?? Foolish ghanaians and their moronic govts!!
...ALL since KN's overthrow..!!!
Where is the money ???
And yet Ghanaians are slaves to these foreigners. They deny us jobs, cripple our economy with their greed, make our graduates useless on the streets and then enslave us. We would embark on a next revolution and this one would ...
read full comment
THIS STEALING AND SATANIC NDC GOVT WILL SWALLOW ALL OF THIS MONEY LIKE PEANUTS AND STILL LEAVE US IN POVERTY AS IF GOD DIDNT BLESS US WITH ANY OIL AT ALL....ide biiii kekekeeee
THE SPIRIT OF JUNE 4TH 1979 REVOLUTION IS TOTALLY DEAD BECAUSE MAHAMA LED NDC HAS LOOTED THE COFFERS OF THE NATION. NOW IT IS OBVIOUS THAT THE BLOOD OF GEN.I.K. ACHAMPONG AND ALL THOSE WHO WERE EXECUTED ARE INNOCENT.
There you have it: thieves
We need a properly qualified AUDITORS of the highest calibre to properly investigate all the revenue ( since inception) and where all the money has gone to. Too may millionaires in Ghana at the cost of underdevelopment
in oil producing country we ourselves
have no petro in accra what is wrong with ghana
I'm confused at this article, who is the writer and what is his source of information. He keeps referring to some tables, where are they? I hope this is not an attempt to throw dust into our eyes. Anyway if we have this money ...
read full comment
...YET THERE'S NOTHING TO SHOW UNDER NDC.
Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil moni ...
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Do we know the cost of the Drilling offshore? When you put all our professors in a room and feed them for 50 years, they cannot drill oil for us. The cant even construct roads not even blades for our armpits. All the oil moni ...
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thank God mr mahama is the president.this kind of new revenue coming has make some people eye very RED
With all that money and big talk what do we as a country have to show for two billion extra dollars of income? Am I supposed to to giggle to this news? F***k that s**t !!!!
Look at our roads craters and manholes are not enough but abandon and the uselesss government going around begging for $60 million.Ghanaians where is your patriotism sitting unconsent for Mahama and his criminal to steal the ...
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INCOMPETENT MAHAMA WHERE ARE THE MONEY??? TOOO MUCH CORRUPY IN MAHAMA ANANSE GOVT,KWASEA MAHAMA SAID HE CHOP ALL GHANA MONEY AND LEFT BONES, SAD AND SHAME,OFUI
All this money has been used for the purpose of chop chop.
BLAME KWAME NKRUMAH SCHOLARSHIP FUND FOR THESE FULANI HERDSMEN.
TRUTH DOESN'T KILL. ONE DAY ALL THOSE LIES WILL BE BURIED WITH IN 7 FEET?
Enough said. The question now is; where is the money?
It doesn't reflect the conditions on the ground. Ghanaians are all hustling except these inept so called leaders
Where are the roads, hospitals, education support, science development, what are we using this monies for?wish this would translate to a better Ghana, because for now we cannot see beyond cocoa or gold!
Now, lets ask mahama and his ndc, where is the money. Even now we are suffering more, stupid fools. They will account for what they are chopping after next election.
Tweaa! We, as the owners bonafide owners, are getting less than 20% of what is rightfully ours. What is the sense in this deal?
I would rather we curtailed all production with immediate effect and leave the asset for generat ...
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This is the legacy Jerry Rawlings bequeathed on Ghana
Right you say,ABBA!Hmmm,ABBA a,na eeeyoh!LOL!To wit,when it is coming then it is doing..!LOL!
....and what is the government using that money for? Our hospitals are under equipped, school children swim rivers to go to school, our roads are crumbling and yet they keep telling Ghanaians how much they have from oil. Besi ...
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Oh interesting and $20million dollars has been used to build a multi-storey NDC party headquarters at Adabraka cheap, whilst Publishers are wallowing in debt for printing atlas for schools for which they haven't been paid by ...
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Schools are crumbling, hospitals are empty, streets are dark, small businesses cannot function for lack of electricity, no good drinking water, sanitation at it's worst, workers and contractors not paid, roads in worse shape, ...
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What confusion