Ghana’s oil industry should be truly African

From Zambaga Rufai Saminu, Takoradi

“Ghana’s new found status as an oil producer isn’t just about the oil flowing into the Floating Production Storage and Offloading (FPSO) Kwame Nkrumah. It widens the possibility of developing an oil industry that could be a beacon for the entire African continent; an industry that is at once world class in nature, state of the art, and truly African.”

Mr. Tutu Agyare, a non executive member of Tullow Oil Ghana, who made this observation during the launch of Ghana’s oil in Takoradi recently, further noted that what could be built, taught, trained and delivered by Ghanaians in Ghana, could be delivered by Ghanaians across the entire African continent and beyond.

“That, I would suggest, is very much worth the investment, and is certainly in line with Tullow Oil’s vision for all of its companies in Africa to be run and managed by Africans.”

According to him, the government of Ghana, which is going to great lengths to ensure that oil and gas become generators of significant national growth and prosperity, was not just passing legislation to ensure that the oil revenues are used in the right way, but also by making sure that skills and technology in the industry are transferred to Ghanaians to build capacity in the oil and gas industry, to enable local businesses and people participate fully in the development of the industry.

“It is a new dawn for the people of this country, our opportunity to look forward, and continue to stake our claim as one of the greatest nations in Africa,” Mr. Agyare noted.
He said it was the responsibility of present generation of Ghanaians to take advantage of the opportunities in the oil and gas industry, in order to contribute meaningfully to the country’s development, for present and future generations.

“On this historic day in our great country’s history, I think we must remind ourselves as Ghanaians that we have been given an opportunity to build something great to deliver a legacy to our children, and to play a more significant role in the global community.”

Continuing, the non-executive director of Tullow said, “This is the responsibility of this generation, and how we use the revenues generated today, how we train our people, and how we develop local businesses, would be key to the success of both this industry, and the others that could be attracted to Ghana in the future.”
Consequently, Mr. Agyare suggested that there should be deliberate attempts on the part of stakeholders to develop and implement efficient and streamlined local content policies, and making them transparent to allow businesses to build the skills necessary to participate in the development of the industry.

He however, cautioned against looking within, saying, “And we shouldn’t just think about our domestic industry.”

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