Chiefs from the Western Region are demanding ten percent of the revenue expected from Ghana’s oil production to be dedicated to the development of the region.
The Chiefs, who made this request and several other proposals on Wednesday November 17, were in Parliament to make inputs into the Petroleum Production and Petroleum Revenue Management Bills which are currently before the House awaiting approval.
Among other things, the Chiefs, led by Awulae Attibrukusu III, are also concerned about the membership of committees that will be managing the oil proceeds and other activities.
Awulae Attibrukusu III, who is also the President of the Western Regional House of Chiefs, said although the Western Region contributes a huge chunk of the country’s resources, it is yet to enjoy a fair share of the national cake, hence the need for Government to dedicate ten percent of the oil revenue for the Region’s infrastructural development
According to him, the ten percent will make up for the unfair treatment meted out to the Region in the past in terms of development.
“We are ten Regions so even if we are dividing it Region by Region, its ten percent to each Region but we want exclusively that because of the neglect we have been subjected to by various Governments to be exclusively for the development of the Western Region.”
Awulae Attibrukusu III told Citi News that if the request is approved, the monies will be managed by indigenes of the Region once it is put in the Consolidated Fund.
He told Citi News that Parliament has pledged its commitment to look into their concerns.
Ghana discovered oil in commercial quantities in 2007 in the Cape Three Points area off the coast of Western Region.