Oil price slump could hurt Ghana - Mahama

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The mask 9 years ago

The economy is hitting many families hard because the breadwinner has gone on pension.

Boachsoft Finance 2012 software, developed in East Akim Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accr ...
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The economy is hitting many families hard because the breadwinner has gone on pension.

Boachsoft Finance 2012 software, developed in East Akim Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Sakumono, is helping many families across the globe to balance the family budget, amortize loans and save for the future.

The next version is set to be released in December 2015. Use only the 2012 version.

For more information on managing family finances read the following article:

blog.boachsoft. com
Ayittey 9 years ago

When the world price petrol goes up Ghanaians pay more under automatic adjustment formula. When the price goes down Mahama is still screaming we should pay more. So what formula is this? Sheer wickedness!

When the world price petrol goes up Ghanaians pay more under automatic adjustment formula. When the price goes down Mahama is still screaming we should pay more. So what formula is this? Sheer wickedness!
DALADAM 9 years ago

FROM ONE SIDE HE SAY PRICE ARE VERY LOW AND ON THE OTHER SIDE HE REFUSE TO
REDUCE PETRO PRICES AND HIS STUPID TAXES ON THE PETRO

FROM ONE SIDE HE SAY PRICE ARE VERY LOW AND ON THE OTHER SIDE HE REFUSE TO
REDUCE PETRO PRICES AND HIS STUPID TAXES ON THE PETRO
mensa 9 years ago

talk nonsense and contridect himself the man is a loser

talk nonsense and contridect himself the man is a loser
NIMA BOY 9 years ago

Mr president since the time we dont have oil we live better than now , Oil is not contradiction to others , lets face reality and come out with the real fact why dont you reduce the price of oil when it goes down every where ...
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Mr president since the time we dont have oil we live better than now , Oil is not contradiction to others , lets face reality and come out with the real fact why dont you reduce the price of oil when it goes down every where , do u want to make your people suffer , price of transfer should go back to as it was before 55 percent
Kofi 9 years ago

When oil sold at $147.00 during the time of Kuffour, Ghanaians paid less for it than they are doing today. And even then NDC led by Atta Mills, went on demonstration describing Kuffour as insensitive. Here we are with oil sel ...
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When oil sold at $147.00 during the time of Kuffour, Ghanaians paid less for it than they are doing today. And even then NDC led by Atta Mills, went on demonstration describing Kuffour as insensitive. Here we are with oil selling around $55.00 and how much is the sensitive NDC selling it to Ghanaians now?
Kofi 9 years ago

Oil price slump should not hurt Ghana in anyway. It can only lead to a drop in the price of petroleum products in the country. If Mahama is thinking about oil exports, then he needs to think again. Oil exports from Ghana has ...
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Oil price slump should not hurt Ghana in anyway. It can only lead to a drop in the price of petroleum products in the country. If Mahama is thinking about oil exports, then he needs to think again. Oil exports from Ghana has helped the ordinary Ghanaian in any way and we are better off without without it! Those who will suffer from the slump in prices are those who steal our oil revenue...and that is an infinitesimal percentage of Ghanaians. Let the price continue to fall!
EDEN 9 years ago

CRUDE OIL PRICE IS FALLING. WE ARE HOPING THAT IT WILL CONTINUE TO DROP FURTHER SO PETROL PRICE WILL REDUCE. THE STUPID PRESIDENT IS SAYING THAT IT WILL AFFECT GHANA'S REVENUE. WHAT DO WE DO WITH THE REVENUE IN THE FIRST PLAC ...
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CRUDE OIL PRICE IS FALLING. WE ARE HOPING THAT IT WILL CONTINUE TO DROP FURTHER SO PETROL PRICE WILL REDUCE. THE STUPID PRESIDENT IS SAYING THAT IT WILL AFFECT GHANA'S REVENUE. WHAT DO WE DO WITH THE REVENUE IN THE FIRST PLACE
GHANANI 9 years ago

Rather you are the most stupid person I have come across on the web.Are you disputing the fact the a steep drop in the price of crude oil will affect the revenue we get from oil and which in turn will affect the execution of ...
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Rather you are the most stupid person I have come across on the web.Are you disputing the fact the a steep drop in the price of crude oil will affect the revenue we get from oil and which in turn will affect the execution of development projects? It is only in Ghana that fools and brainless buffoons will get up and insult the president whenever he talks. It shows how primitive,backward we are as a nation.Any donkey at all can just get up and insult the president.What a nation!!!!
Niiba 9 years ago

Is the country getting any oil revenue? Can you explain then why we are worse off now than we were without oil revenue? You may be getting oil revenue but not the country Ghana.

Is the country getting any oil revenue? Can you explain then why we are worse off now than we were without oil revenue? You may be getting oil revenue but not the country Ghana.
kk 9 years ago

The President is wrong this time : because rise in oil price means increase in local fuel prices which leads to upwards adjustment and its accompanying social hardships.

The President is wrong this time : because rise in oil price means increase in local fuel prices which leads to upwards adjustment and its accompanying social hardships.
NANA 9 years ago

This President is always looking for excuses to justify his inability to move the country forward.Is oil the only revenue for Ghana? He should tackle corruption and he will get all the revenues needed for projects.

This President is always looking for excuses to justify his inability to move the country forward.Is oil the only revenue for Ghana? He should tackle corruption and he will get all the revenues needed for projects.
Asempa 9 years ago

OK. The oil revenue will go down but so will the cost of fuel the government has been complaining about. Also, what has the government done for Ghanaians when the price has been high? Not much, except stealing left and right ...
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OK. The oil revenue will go down but so will the cost of fuel the government has been complaining about. Also, what has the government done for Ghanaians when the price has been high? Not much, except stealing left and right by politicians. mahama do your job and stop the excuses motherfucker.
UK 9 years ago

I differ sir, the percentage of the oil revenue of GDP is minimal coupled with ease on Forex will be a net positive on Ghana. Management sir, management.

I differ sir, the percentage of the oil revenue of GDP is minimal coupled with ease on Forex will be a net positive on Ghana. Management sir, management.
Ataa 9 years ago

mr. prez not could but will. That is why I do not see the sense in those calling for reduction in petroleum prices. We have a debt to pay and they claim it must wait and at the same time our revenues will be affected. This is ...
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mr. prez not could but will. That is why I do not see the sense in those calling for reduction in petroleum prices. We have a debt to pay and they claim it must wait and at the same time our revenues will be affected. This is double jeopardy. Mr. Prez in the name of transparency can u let the NPA let Ghanaians know how much we owe and how much we have paid so far in full details so this reduction noise can stop?
adumtumi nyansfuo 9 years ago

Ghana needs to find other means to create revenue. Government should invest in IT and more computer science.

Ghana needs to find other means to create revenue. Government should invest in IT and more computer science.
Maamle 9 years ago

It will only hurt those you have given free oil blocks to! Your friends and family members and financiers in your party. How can falling oil prices affect ordinary Ghanaians? They can only be good for those of us who have to ...
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It will only hurt those you have given free oil blocks to! Your friends and family members and financiers in your party. How can falling oil prices affect ordinary Ghanaians? They can only be good for those of us who have to sweat for every cedi! In fact, we pray they fall to $10/barrel!
Blay Miezah 9 years ago

Oil hasn't made any positive impact in our lives. Let the price drop to zero, we don't care. Oil money ends up in ndc bank account. Fuck you!

Oil hasn't made any positive impact in our lives. Let the price drop to zero, we don't care. Oil money ends up in ndc bank account. Fuck you!
Frank 9 years ago

Prophet TB.Joshua said it, that we end up drinking them

Prophet TB.Joshua said it, that we end up drinking them
KOTOKU, ALBANY 9 years ago

IS THE 2015 BUDGET AT RISK?

IS THE 2015 BUDGET AT RISK?
Timbo 9 years ago

the president will not be happy when Ghanaian are not suffering .Are you suggesting that, the price of petroleum should go high .our own president suggesting these.You don't, really care for ordinary Ghanaian. God will never ...
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the president will not be happy when Ghanaian are not suffering .Are you suggesting that, the price of petroleum should go high .our own president suggesting these.You don't, really care for ordinary Ghanaian. God will never forgive you for thinking bad about as.
HAZOR 9 years ago

President Mahama you have not seen nothing yet prepare for the worst.President Mahama because of your stuborness to listen to good advice that is why you are complaining.They reason why Gold and oil price are dropping is beca ...
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President Mahama you have not seen nothing yet prepare for the worst.President Mahama because of your stuborness to listen to good advice that is why you are complaining.They reason why Gold and oil price are dropping is because of your okro mouth put your agenda for world economic powers to know and work against you.With world oil and gold price dropping where are you going to get money to built your gold refinery and home grown made in Ghana goods?Good leaders and presidents comes to UN and talk nonsense nothing productive that will hinder their agenda.Late president Mills went to UN talk about schools under trees.America goes to UN to about terror and not tell any country about his agenda.President Mahama do you think world economic power will down for you to come and hurt their economy?This is a schools of taught youneed to reflect on.The word to the wise is enought but we know you are possess with stupidity.
Ameen 9 years ago

Is our prez. having advisors? Can he shut up a minute? Mahama is a disgrace to ghana!

Is our prez. having advisors? Can he shut up a minute? Mahama is a disgrace to ghana!
victor in london 9 years ago

How effective is Ghana oil revenue managed? Whether the price fall or it goes up the Moines end up in individual pockets

How effective is Ghana oil revenue managed? Whether the price fall or it goes up the Moines end up in individual pockets
Gaby 9 years ago

Stop the lies Mr President. Almost everyone is been hurt by this continuous increase in oil prizes. And now that you have the opportunity to lessen the burden of the citizens, you want to play politics with it. This tactic ...
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Stop the lies Mr President. Almost everyone is been hurt by this continuous increase in oil prizes. And now that you have the opportunity to lessen the burden of the citizens, you want to play politics with it. This tactic is not going to work. We are tied of you.
OSEI 9 years ago

The minority warned you about using the unearned oil as collateral for Chinese loans. Now you thinking, fool. You have messed up our destiny. You have completely messed up Ghana. You will have to make up the difference in the ...
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The minority warned you about using the unearned oil as collateral for Chinese loans. Now you thinking, fool. You have messed up our destiny. You have completely messed up Ghana. You will have to make up the difference in the price you used as collateral and the current low price of a barrel of oil.
sansan 9 years ago

Do this kind of Mahama Musah think Ghanaians are fools, is it not the same NDC government that made statements to the effect That the price of oil has been pegged at $75, when the producer price was $120.00 at the world mark ...
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Do this kind of Mahama Musah think Ghanaians are fools, is it not the same NDC government that made statements to the effect That the price of oil has been pegged at $75, when the producer price was $120.00 at the world market, with the explanation that even if the price should fall Ghana's oil will still be $75.The price was locked in so why this story now.
Frank-Justice 9 years ago

Even if oil prices shoot to $200 a barrel,Mahama will continue to fail in a stolen Presidency. God is watching; and Man must beware.

Even if oil prices shoot to $200 a barrel,Mahama will continue to fail in a stolen Presidency. God is watching; and Man must beware.
SEIDU BABA 9 years ago

The President's exploitation to oil issue is not logical in any way but anly to blind fold us for fitther increment of prices in the local market

The President's exploitation to oil issue is not logical in any way but anly to blind fold us for fitther increment of prices in the local market
SEIDU BABA 9 years ago

The President's explaitation to the oil issue is not logical in any way but anly to blind fold us for further increment of prices in the local market

The President's explaitation to the oil issue is not logical in any way but anly to blind fold us for further increment of prices in the local market
Nana 9 years ago

Another excuse .why should our country be given excuses using world market stuff?

Another excuse .why should our country be given excuses using world market stuff?

Oil price slump could hurt Ghana - Mahama

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