 |
|
| Author |
 Topic  |
|
|
Momodou
Denmark
11852 Posts |
 Posted - 01 Apr 2008 : 19:53:36
|
Jammeh Takes Over Petroleum Portfolio
By Modou Jonga
In a space of less than a month, the President of the Republic, Yaya Jammeh, after taking over the Agriculture portfolio, has decided to assign the responsibility for Petroleum matters under his office, according to a news release broadcast by GRTS on March 25 2008.
According to the release, the president, acting under section 72 of the constitution, has decided to assign the responsibility for Petroleum matters from the Secretary of State for Energy, Hon. Ousman Jammeh to the office of the president. This new development stated the release, is effective Tuesday 25 March, 2008.
Source: Foroyaa Newspaper Burning Issues
Issue No. 37/2008, 31 March – 1 April 2008
|
A clear conscience fears no accusation - proverb from Sierra Leone |
|
|
lurker
509 Posts |
Posted - 01 Apr 2008 : 20:06:28
|
Mr jammeh, you are now cordially invited to join the International Bank of African Dictators. free deposits and withdrawals. no interest (from anyone!), unlimited overdraft courtesy of the state coffers. this fairground ride is well under way now.. hop on and watch the gambia slide into economic collapse and ruin while he joins "the club".. i was going to say..unbelievable, but it is the exact opposite.
but , hey.....there is no oil????? |
Edited by - lurker on 01 Apr 2008 20:10:52 |
 |
|
|
kondorong
Gambia
4380 Posts |
Posted - 01 Apr 2008 : 21:43:35
|
Lurker
Did you not read his speech recently about oil saying that it was because of the poor contract offers that Gambia could not undertake exploration but promised soon that the thick black liquid will soon be flowing like the Gambia River does.
We will be another Kwait very soon.
My taxi Driver friends should be warned to turn on thier headlights even if the street lights are on. |
“When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of it--always.” |
|
|
|
lurker
509 Posts |
Posted - 01 Apr 2008 : 21:58:19
|
lol. konds. i mentioned last year that i met an oil engineer who told me that the oil is so far out and so deep that the sheer cost of a test platform negates the likely benefits of the find. who knows the truth.but i would have thought that , with such an apparent abundance as we are being told there is, shell and the like would have got their grubby mitts on it ages ago.
so why have they not??? |
|
|
|
kondorong
Gambia
4380 Posts |
Posted - 01 Apr 2008 : 23:11:56
|
So you that is a good question.
The Chinese were the first to explore for oil in the 1960s then followed by the Canadians. Both studies showed that such deposits were ineconomical to pursue and so the idea was scrapped. Its like what economists call "ineconomical" in taxation. It follows that if the cost of collecting a tax far exceeds the revenue to be derived, then it should not be levied in the first place.
Well lets see if we can get a good deal this time. The 1960s were a diffrent time. |
“When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of it--always.” |
|
|
| |
Topic |
|
|
|
| Bantaba in Cyberspace |
© 2005-2024 Nijii |
|
|
|
Topic Locked
