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Ghana’s oil – Lessons from the Niger Delta

Come November this year Ghana will join the oil producing club by producing its first barrel of oil off the country’s west coast. This will be Ghana’s first foray into the oil industry and the general expectation is that Ghana will be able to avoid the pitfalls that have thwarted the efforts of some oil-producing African countries to make the best of the resource.

The objective of this article is to inform Ghanaians of some of the potential consequences of the any mismanagement of the oil find. Stories from other Afrikan countries such as Gabon, Equatorial Guinea and Nigeria give reason for cautious optimism as Ghana prepares to exploit its oil.

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