Solomon Kwawukume (Institute for Energy Policies and Research): "Before production started at Jubilee Field on 15 December 2010, views were solicited from Ghanaians across Ghana as to how the first 5 billion dollars for the first 5 years would be spent."
"10 years down the line Ghanaians have not yet earned the 5 billion dollars from the Jubilee Field. Ghanaians earned 4.716 billion dollars from 23.304billion dollars generated from 304,472,403 barrels of oil pumped from the Jubilee Field.
If at least, we have earned the 9.834billion dollars due us under the bad Hybrid System contract, we wouldn't be in this financial crisis and mess. Where is the difference of 5.118billion dollars of our Oil money?
#Fix the Upstream oil industry Now to Fix the Country.
#We Demand Fair Share of our Oil money to Fix the Country."
My response:
Eeiiiii, Oman Ghana, eyeasem ooooo. Enti yewieye paaa enei? Wow, so under the hybrid-system-production-agreement, Ghana has earned U.S.$9.834billion from 304,472,403 barrels of oil, from the Jubilee oil field, since it started production?
It follows, a priori, then, does it not, that the question we must all ponder over is: Has as much as U.S. $5.118 billion earned from the Jubilee oil field, since it started production, disappeared into the ether, anaaaa? Sarjewah. Where has it ended up, one wonders? Hmmm, Ghanafuo - asem kesie bi, ebeba debi ankasa, ooooo. Yooooooo...
Sent from Samsung tablet.
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