Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

UGANDAN LANDOWNERS GO ON SPENDING SPREE WITH OIL MONEY

moneyLand owners who were paid compensation by the government of Uganda for using their land for oil exploration, production and building of oil refinery among others are said to have gone on spending spree with their booty displaying their wealth at drinking spots and marrying more women to satisfy their instincts .

“Landowners in Hoima and Bulisa districts in Western Uganda received compensation ranging from 40 million shillings to 100 million shillings. People were given money that they have never ever received in their lives. this is a huge sum of money paid to individual farmers and landowners who have never seen or handled any in their entire life”, stated Mrs. Beatrice Rukanyanga , a land owner  and community leader  at oil rich Hoima district in Western Uganda.

She said “most of these farmers collected the money without the knowledge of their wives or families members and went to drinking spots to engage in daily who is who  and who can drink most competitions.  They buy drinks for whoever is available and serve as much as those present could drink”.

“While some left their marital homes and married  new wives. Others bought used cars and motor bikes with their money and displayed them in town. A man bought a second hand car for 20 million shillings US$8,000, which broke down after two months. Another  manbought a motorbike  which was stolen the same day and in a bid to prove to the friends that he is wealthy, he bought the same brand of a motor bike that  same day”  explained    Mrs.  Rukanyanga, in an interview with these reporter during a visit to Hoimer District in  Western Uganda this month.

Instead of these farmers and landowners like me   moving close to the potential industrial areas   to purchase farmlands to resettle and take advantage of the opportunities emerging as a result of the oil production and  related activities , they  chose to live extravagant lifestyles  , a situation that is likely to affect their livelihoods. I think the nongovernmental organizations here initially did not do much to sensitize the land owners which made them waste their money, she noted.

We have now stepped up efforts to educate them on how to properly utilize   and invest their money to protect their future through outreach and counseling programmes. We have community farmer based groups that have categories the farmers and educating them on how to properly take advantage of their opportunities available.

Source: Kwabena Adu Koranteng/ New Crusading Guide

Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get update

 

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar