If you can't beat them, join them! Many people are pessimistic about the effect of the recent reported massive oil discoveries in Ghana. The reasoning is that if we are not benefiting much as a people from the mining of other natural resources like gold, how can we expect any different with oil? Many point to the example in neighboring Nigeria.But you can't sit by and do nothing. There is one way to guarantee you also get a piece of the national oil cake. Ghanaians living in London should buy shares in Tullow Oil . It is on the London Stock exchange the current price is hovering around 9 Pounds Sterling or $18. You have nothing to lose. Oil prices are predicted to rise to 200 dollars a barrel in the next two years. If the shares fall, well you lost some money. If they keep rising and you did not follow my advice, you will be very angry with yourself. The oil is coming from our country and the profits will end up with the investors (and probably with a few corrupt officials). Get in now! You can see how the Oil company bosses are smiling in this photo. You could be smiling too.
The Ghanaian Government should itself be thinking of buying a major stake in the Oil Companies that are going to be doing the drilling in Ghana; that is proper stake holding. But who is listening to me….eh?- gbetor@kpetoe.
No comments:
Post a Comment