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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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Give priority to Ghanaians in oil contracts-NRGI

bycitibusinessnews
September 16, 2014
in Oil And Gas, Top Stories
Share on FacebookShare on TwitterShare on Whatsapp

The Natural Resource Governance Institute (NRGI)  is demanding that Ghanaians  are given priority in the awarding of contracts in the upstream petroleum sector.

This comes after the Energy ministry revealed that Ghanaian companies in the oil and gas sector have received close to  600 million dollars in contracts since Ghana started drilling oil in 2010.

Ghana has earned in excess of 2.1 billion dollars from the commercial production and export of crude from 2011 to June 2014.

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But the Africa Regional coordinator of  NRGI, formerly Revenue Watch, Emmanuel Kayole says Ghana must work hard to get optimum benefit  from the oil and gas industry.

Meanwhile a report compiled by oil and gas recruitment experts, Hays Oil and Gas, and industry researchers, Oil and Gas Job Search has identified Ghanaian workers as among the least paid in the world compared to others.

 

By:  Rabiu Alhassan/citifmonline.com/Ghana

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