Some observations made do indicate that various private oil sectors have awarded contracts to Ghanaian Companies and individuals with amounts of over Four Hundred And Twenty Two Million US Dollars, and Sixty Thousand Ghana Cedis Respectively.
The move per the oil corporation under the country’s Petroleum agreement is a breach of the law because they are not required to award contract to any Ghanaian entity.
The development comes on the back drop of answers given by the deputy minister of Energy, Inusah Fuseini over the business participation of Ghanaian entrepreneurs in the oil and gas industry in parliament today.
WRITTEN BY AYITEY CHARLES.