|Ghana's 2010 oil 'boom': Ensuring public interest over private gain|
|Written by Mawuli Dake|
|Thursday, 24 June 2010 15:56|
While Ghana's mining industry has historically been characterised by a lack of transparency and the dominance of foreign multinational interests, *Mawuli Dake stresses that the burgeoning oil industry must not be allowed to go the same way.
Disputes related to natural resources have exacted a toll on far too many African societies, turning the dreams of national prosperity
Consequently, these disputes have resulted in violent conflicts, environmental destruction, corruption, untold human hardship, displacements and a devastated future for entire communities. This sad but true reality causes even the most exuberant optimist to wonder if the discovery of oil in one's country should be a cause of jubilation or trepidation. I am cautiously optimistic about Ghana, that the nation will take full advantage of the positive and negative lessons from others to ensure transparency and accountability as oil production begins.
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