NDC gov’t spent GHc317m oil cash on capacity building

  |   Ghana News

While lack of expertise continues to hinder Ghanaian companies from exploring opportunities in the oil and gas sector, government splashed a whopping GH¢317 million on capacity-building between 2011 and 2016. Despite this colossal amount, Ghana continues to grapple with skilled technical labour – giving room for expatriates to snap lucrative jobs in the sector.

Capacity-building is one of the four priority areas that benefit from the yearly allocation of oil revenues, which are to be directed at initiatives to enhance the skills of Ghanaians to be able to manage the oil and gas sector.

However, after more than seven years of oil exploitation, it is difficult, if not impossible, to mention how these allocations have helped sharpen the skills of Ghanaians to take advantage of technical employment opportunities in the sector.

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