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Like Nigeria, Ghana begins amendments on Petroleum Management Act

Nigeria Ghana relations

Just 10 years into the oil economy in Ghana, there had been a growing outcry suggesting that 10 years after oil discovery and exploration, there has been nothing tangible to show for it. This ill-feeling has therefore compelled the Ghanaian parliamentarians to propose new amendments to the Petroleum Revenue Management Act (PRMA) to enable government focus on four priorities. It ...

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Nations still relying on resources than knowledge economy’ll crash soon—Bawumia

Ghana-Rwanda-co-operation

The Vice President of Ghana, Dr Mahamudu Bawumia, has said that the era where nations relied on natural resources for socio-economic development are over, but economies that are knowledge or technology driven is in the right path. He said the world has taken a paradigm shift to a stage where knowledge is fundamentally driving the global economy. He averred that ...

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Gas shortfall from Nigeria forces Ghana to seal new supply deal with E’Guinea

Ghanaian President, Akufo Addo

The Government of Ghana weekend, signed a Heads of State Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of Liquefied Natural Gas (LNG) per day. The new deal was sealed during President Nana Addo Dankwa Akufo-Addo’s three-day official visit to that country. The move forms part of measures by government to ensure ...

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Ghana stabilizes electricity using Nigerian gas, begins export to Cote d’Ivoire

Ghanaian President, Akufo Addo

Following the strategic turnaround of its power supply system, after about four years of supply crisis resolved by sealing gas supply deal with Nigeria, Ghana this month, began power export to her neighbours, Cote d’Ivoire. However, the Ghanaian Vice President who was in Nigeria recently begged the federal government to double gas supply to Ghana as it prepares to extend ...

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How emerging Smart City’ll situate Lagos, drill 1m residents on computer coding

Ambode on working visit

As roll-out of CodeLagos, a digital revolution to make living in Lagos seamless draws near, the Lagos State Ministry of Education has said the programme would teach at least one million Lagos residents to code by 2019. The scheme will also foster necessary skills to create sustainable solutions to social challenges and create employment opportunities. The government also announced the ...

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