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OPEN
LETTER TO SPEAKER OF PARLIAMENT: FORMAL REQUEST FOR
SPEAKER’S FORUM AS FINAL ARBITER
From: Prof Lungu / GIGS/ FTOS-ANON /GUNA /GhanaHero.com
8TH MARCH, 2016
THE SPEAKER OF PARLIAMENT
PARLIAMENT OF GHANA
PARLIAMENT HOUSE
ACCRA.
SUBJ: Part II RESPONSE TO PETROLEUM COMMISSION OVERVIEW:
GHANA OIL AND GAS FISCAL REGIME - CLARIFICATION MEETING WITH
PARLIAMENT FORMAL REQUEST FOR SPEAKER’S FORUM AS FINAL
ARBITER
Dear Sir,
Please enclosed is the Part II response by the Fair Trade
Oil Share Campaign Team to the above mentioned for your
perusal.
In a paper titled from Concession to Service Contracts by
Ernest E. Smith in Tulsa Law Review Vol. 27 Issue 4
International Law Symposium 1992, Modern Concession (Same as
Hybrid System) Contracts are alleged to be subject to undue
influences and corruption. We have no doubt in our minds
that, that is exactly what is happening in Ghana. Contents
in Page 7 of the Response is a pointer to and tip of the
iceberg of what is happening and what happened in the past.
From 2008,the World Bank ,Oxfam America, Natural Resource
Governance Institute and Star Ghana had earlier disbursed
tens of millions of dollars to Labour Organisations, NGO’s,
Think Tanks such as ACEP, IEA, IMANI, ISODEC, CSO Platform
on oil and gas and Journalist Associations in the country to
influence and prepare the grounds for the passage of this
exploitative Petroleum Bill.
Tullow spent US$669 million in 2012 alone to buy the silence
and conscience of Ghanaians across every sector of the
society in the name of corporate social responsibility to
make sure nothing negative came up in the public domain and
to prepare the grounds for smooth sail of the Petroleum Bill
through Parliament.
DFID only took over as funding agency from 2014 when the
World Bank, Oxfam America and Star Ghana announced that
their budgets were exhausted at a workshop on 28th May, 2014
at the World Bank Office and to announce that their
programme has ended and were confident the Petroleum Bill
would be passed before the year 2014 ended. They advised
that the Think Tank Groups, the Civil Society Organisations
and NGO’s should look for funding from elsewhere to sustain
the campaign.
These Think Tank groups, the NGO’s and the CSO’s have
mislead ,misinformed and brainwashed every sector of the
Ghanaian Public including Parliament to believe that what
Ghana is doing is the best that can be achieved ,through
organising of residential workshops. Participants come out
believing Ghana is doing well not knowing their fellow
Ghanaians have been hired and paid to intellectually
brainwash and to deceive them.
Officials of GNPC, Petroleum Commission, Ministry of
Petroleum and PIAC who should know best are part of this
international conspiracy against their own country because
of tens of thousands of free dollars that come their way
from the foreign oil companies and their home government’s
institutions. We are aware some members of Parliament are
part of this conspiracy against Ghana.
From the foregoing one does not expect these Think Tank
groups, NGO’s ,the CSO’s and State Officials to support the
PSA, but to oppose it churning out high percentages of
unknown into the air to say the Hybrid System is a better
option.
Once again we believe the Speaker’s Forum should be the
final arbiter on this very important National issue/ Debate.
We therefore urge you to initiate the Speaker’s Forum by
bringing all opposing groups before the major stakeholders
of this country to make presentations to prove beyond all
reasonable doubts their positions and to come out with
absolute total estimated revenue figures from the Jubilee
Fields as a test case for adoption of PSA to regulate the
Upstream oil industry in the country.
The World Bank and IMF have projected US$ 19.390 billion and
US$ 20.269 billion respectively that would accrue to Ghana
when the field is exhausted in 20yrs under the Hybrid
System. We have projected under PSA, Ghana in 15yrs
exclusive Corporate Taxes and Participating Interest could
earn:
(1) Profit Oil only US$ 26.115 billion
(2) Royalty and Profit Oil US$ 27.210 billion.
The Petroleum Commission, The Ministry of Petroleum, and
their supporters ACEP, NRGI and KITE should be able to tell
Ghanaians whether their projections are higher than that of
the World Bank, IMF and GIGS projections.
We are ready to prove our case and the final decisions as to
which fiscal regime to adopt by Ghana and acceptable to all
would be for the Speaker’s Forum to take to close the
matter. We must remember we are dealing with the future of
generations yet unborn as well as the present.
We have lost on Gold; we cannot afford to lose this time
round on the “Black Gold”.
Note: The Bill should stay until the Speaker’s Forum is
held.
Yours in the service of Ghana
………signed…………………//\\.............
Solomon Kwawukume / Prof Lungu
(0246449104)
Cc: The Chairman, Select Committee on Mines & Energy.
The Chairman, Select Committee on Finance.
The Majority Leader
The Minority Leader
The Majority Chief Whip
The Minority Chief Whip
The Ranking Member, Select Committee on Finance
Enclosure:
1. Part II Response To “Petroleum Commission Overview: Ghana
Oil and Gas Fiscal Regime Clarification Meeting With
Parliament” (Dated 20 Feb 16) - PowerPoint / PowerPoint
Slide Show. (Also, see at www.ghanahero.com/FTOS-GH/Campaign_Status_Updates/Letters-FTOS-PSA/FTOS-Gh-Response-Part_2-FINAL.pdf).
FTOS-Gh Interest Items:
1. Fair-Trade Oil Share-Ghana (FTOS-GH/PSA
Petition/Campaign):
Read about it, join it, sign it: https://www.change.org/p/ghana-fair-trade-oil-share-psa-campaign-ftos-gh-psa).
2. http://www.GhanaHero.Com/FTOS_Gh_Campaign for more
information.
(Join the action! Read mo! Listen mo! See mo! Reflect mo!).
Prof Lungu / GIGS /ANON / GUNA / FTOS-Gh/PSA /
©Prof Lungu is Ghana-Centered/Ghana-Proud.
@professorlungu - Twitter ( #FTOS_Gh)
hybridm6@gmail.com
Subj: FORMAL REQUEST FOR SPEAKER’S FORUM AS FINAL ARBITER -
Part II RESPONSE TO PETROLEUM COMMISSION OVERVIEW GHANA OIL
AND GAS FISCAL REGIME (8Mar16)
Brought to you in Public Service, by Prof Lungu and
Associates/GIGS, courtesy www.GhanaHero.com©8 March, 2016.
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Prof.
Robert Tignor's lessons still leave us
vulnerable
Commentary, March 09, Ghanadot -
Those who read Prof. Robert Tignor' article
"The lessons Ghana learned from Kwame
Nkrumah’s fallout with his economic
adviser," have to know that Dr. Arthur
Lewis, the Nobel Prize Lauriat, served in
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‘Spy Law’ could turn
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Ghanaweb, March 03, Ghanadot - Opposition against
government’s proposed law that will enable security
agencies to manipulate telecommunication messages has
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country into a police state.....More
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Nigeria, Switzerland Agree On
Returning $321M In Stolen Abacha Funds
IBT, March 09, Ghanadot - Abacha has been accused of
embezzling as much as $5 billion of public funds during his
five-year reign of oil-rich Nigeria, from 1993 until his
death in 1998....His son, Abba Abacha, was charged by a
Swiss court with money laundering, fraud and forgery in 2005
... The Nigerian government reached an agreement with the
Abacha family to return the stolen funds in exchange for
dropping a complaint against the son, according to Reuters.
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NOAA Radiosonde Data Shows No
Warming For 58 Years
Science, March 07, Ghanadot - The omission of
this data from the NOAA report, is just their latest
attempt to defraud the public. NOAA’s best data shows no
warming for 60 years. But it gets worse. The graph in
the NOAA report shows about 0.5C warming from 1979 to
2010, but their original published data shows no warming
during that period..
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