Business in Ghana

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Posts Tagged ‘Niger Delta’

We Have To Track Down The Oil Thieves

Posted by Business in Ghana on July 23, 2012

By Patrick Dele Cole

It seems the Nigerian government is finally waking up to the financial impactillegal theft and sale of crude oil is having on our nation, as well as on the oil-producing Niger delta region.

Last month the minister of finance said she believes up to 17 per cent of the country’s production was lost in April. This means we could be losing up to 400,000 b/d.

About $9bn of revenue, equivalent to almost a third of the federal budget, is thus under the control of a criminal cartel with tentacles that stretch from the Niger delta, through the armed forces into the heart of organised crime and out into the rest of the world. Read the rest of this entry »

Posted in Oil and Gas, Uncategorized | Tagged: , , , | 1 Comment »


Posted by Business in Ghana on October 17, 2010

By Kwaku Adu-Gyamfi, THE VOICE OF  REASON

ONCE UPON A TIME, the Niger Delta was calm until the oil find

Making the politicians’ bank accounts feel like fluid

Swimming in money like Tsunami flood

Eating, drinking and partying like no tomorrow

While the citizens go to bed with empty tummies

You wonder   why Delta is burning Read the rest of this entry »

Posted in Kwaku Adu-Gyamfi, Social Services | Tagged: , , , , , , | 3 Comments »