good news ! but i hope it will help them find and accept their responsibilities as a nation!

i hope it works out for them, with all the economic hardship they seem to be doing better than nigeria in many aspects, especially when it comes to running a country. I pray that their success will be a learning tool for those idiots that are called politicians in nigeria.

@ naijaking 1
WORD,

I hope that the Ghanaians handle this discovery a lot better than we have handled ours because since we found oil, we seem to have lost everything else:- palm kernels, groundnut oil, cotton, dates,etc
I guess now we are going to find out just how fast it takes to build a refinery from a 'smaller' neighboring country.
now we are about to be schooled on how not to waste oil windfalls and proceeds from oil exportation
now we are about to know just how much leaders can develop the environment with proceeds from oil and stop paying lip service to the things that matter

It is true and it is good for Ghana, but I am very disappointed at the usual Nigeria bashing, people here obviously have lost touch with the progresses Nigeria has been making. Ghana has been able to get itself together somewhat,  but with a population the size of Lagos and without the challenges that plague Nigeria why wouldn't they? I'm sorry but I get really sick of Nigerians who contantly put Nigeria down and think it's just the same as the day they left it.

Ghana has had gold and cocoa for years, their people have the same complaints about how little it has benefited the people and how politicians have dealt with it for their own gain, so please wake up and smell the coffee. Nigerians are not bad by virtue that they are Nigerian.

I hope Ghana can use it for the good of its people, but sometimes people don't steal billions because they have never been in a position to, lets wait and see.


For those of us who are out of the loop about some of the more positive steps Nigeria is taking in our absence, this may make useful reading.

http://www.skyscrapercity.com/showthread.php?t=441211

[b]It is true and it is good for Ghana, but I am very disappointed at the usual Nigeria bashing, people here obviously have lost touch with the progresses Nigeria has been making. Ghana has been able to get itself together somewhat, but with a population the size of Lagos and without the challenges that plague Nigeria why wouldn't they? I'm sorry but I get really sick of Nigerians who contantly put Nigeria down and think it's just the same as the day they left it.

Ghana has had gold and cocoa for years, their people have the same complaints about how little it has benefited the people and how politicians have dealt with it for their own gain, so please wake up and smell the coffee. Nigerians are not bad by virtue that they are Nigerian.

I hope Ghana can use it for the good of its people, but sometimes people don't steal billions because they have never been in a position to, lets wait and see.


For those of us who are out of the loop about some of the more positive steps Nigeria is taking in our absence, this may make useful reading.

http://www.skyscrapercity.com/showthread.php?t=441211[/b]

thanks for your post . i get tired of the same bashing nigeria gets many times. the oil ghana has isnt that much and their population is small, so its difficult to compare to two. the amount of environmental degradation and corruptioni s likely to be smaller than nigeria because of this.

nevertheless ghana with more resources than many countries in the world, and quite a few even in africa lags behind the,. the same problems exist but on a smaller scale because of the size of the country. let
s give nigeria a chance to continue to right itself and stop knockign it down. seems to be the favorite past time of nigerians that never even bother to go to nigeria

obong:

thanks for your post . i get tired of the same bashing nigeria gets many times. the oil ghana has isnt that much and their population is small, so its difficult to compare to two. the amount of environmental degradation and corruptioni s likely to be smaller than nigeria because of this.

It often isn't how much oil exists that matters, but how well the proceeds from such oil is managed, that is the issue. If Ghana manages its' revenue from oil appropriately, and deploys it judiciously, to areas where it will have the greatest impact on the populace, ah. . .don't be suprised, if Nigerians start migrating to Ghana to take up menial jobs in exchange for good currency!

I really dont think it will affect Nigeria, afterall all the arab nations that have oil are more or less neighbours and they are not disturbing one another in any way. That aside, I am very happy for Ghana, so happy. If one looks at the kind of sufferings ghananians underwent when their economy was bad and how they have managed the same economy today, one should be happy about this oil find and I think they deserve it. I guess their leaders are far more committed than our leaders in Nigeria. Name anything that ghananians havent managed better than nigerians, education, economy, health, communication, roads, elections, electricity et al, just name it.

A booming ghananian economy will wake our leaders from their deep slumber because Ghana will set the pace and teach our leaders on how to use the nation's wealth for the good of all. I pray the find more.

Congratulations Ghana

depends on what parts of ghana you wish to compare. our financial sector is better managed, as is our telecom arena. and in certain pockets, like calabar and abuja the roads are just as good as ghana's

Well, if oil is discoverd in Ghana, how is that a threat to us if we know we are doing the right things? if one is making progress, would he be upset or threatened at another person progress in achieving thesame status as him? Please let's leave sentiments and "Rejoice with those that do rejoice"

Abeg if u don get smth and another person too dey try to come reach were u dey, make u try helep am. make u no tink say if him come up him go come pass u! Na only God fit bless usoooooo!

Three things

I am from an oil producing village

I think crude oil is a curse, judging from my own village's experience

I think we should all console ghananians for the desolation that will soon be thrust on them.

blablabla:

Three things

I am from an oil producing village

I think crude oil is a curse, judging from my own village's experience

I think we should all console ghananians for the desolation that will soon be thrust on them.

I have been to ghana, Infact lived there for four years, Oil in ghana will only spell more good things for them, they know how to manage their resources and the country is doing well, If gold didn't destroy them, oil wouldn't.

oil and gold are two different devils. have you ever heard of any country destroyed by gold?

tysalihu:

[]Ghana has just only a while ago ; celebrated its 100th year without power outages[]

I can't stand it when people peddle lies. Did you read what you typed my brother? 100 years? You've got to be kidding me! Where do you get these misinformation from anyway? For your info, Ghana has been going through a serious energy crisis for almost a year now. I know cos I've been here for over 5 years. All this stuff about Ghana celebrating years of un-interrupted power supply is a blatant lie. Fallacy. Iro patapata ni!.

londoner:

[, ]Ghana has been able to get itself together somewhat, but with a population the size of Lagos and without the challenges that plague Nigeria why wouldn't they?[, ]

I can't help laughing about the egoistic feeling many Nigerians (especially "Lagosians" have about Lagos. Who told you Ghana has a population same as Lagos? Please!
Ghana is a country of about 22 million people while the entire Lagos state has about 9 million people. My brother, you're off the mark.

See http://en.wikipedia.org/wiki/Lagos and http://en.wikipedia.org/wiki/Ghana

londoner:

[, ]Ghana has had gold and cocoa for years, their people have the same complaints about how little it has benefited the people and how politicians have dealt with it for their own gain, so please wake up and smell the coffee. Nigerians are not bad by virtue that they are Nigerian.[, ]

I agree with you 100% on this one.

Ghana has gold, timber, diamond, bauxite, manganese in good quantity but 40% of its national budget is supported by "development partners" ala UK, USA, Canada etc.

Oil will help to some extent, but much of the revenue will be stolen by corrupt Ghanaian politicians and their western allies and the good people of Ghana will remain poor.

@ Niyyi, if my assertion was incorrect then I stand corrected, anyhow, even 22 million compared with 140 million is like comparing the cleaning of a small room with a mansion, you really cant compare the magnitude of the tasks, and dont be surprised if the person cleaning the mansion takes longer. Trust me, it is not Lagosion ego, I cant stand Lagos to tell you the truth, but I know when we are comparing apples to oranges.

Anyhoo, we can only wait and see.

obong:

oil and gold are two different devils. have you ever heard of any country destroyed by gold?

Totally true, but some countries have been blessed ravaged by conflict diamonds.

Nigeria also have Gold, Coal, etc before Oil was discovered and they did not cause conflict like Oil.

Ghana has just only a while ago ; celebrated its 100th year without power outages[]

na falsify information paaa ooooo , lol

If this is real, I'm not sure if this is a good news for Nigeria. Now we have competition from a contender that has been craving to replace Nigeria as the Giant of Africa for many years.
It's on, we really really need to get our sht together immediately or else we will be replaced.

I'm still searching for a confirmation. Honestly speaking,i wish ghana would replace nigeria as the "GIANT" of africa!!.Nigeria had been given title years ago and has failed woefully to live up expectations.it's obvious with this new develoment that Nigeria's "status" is in jeopardy if we choose to dilly-dally and tip-toe around serious issues and problems that we are faced with.i actually wish that more oil will be discovered in Ghana.that should be a wake-up call to nigeria who,recently has been lagging behind Ghana,economically speaking.i am ibo,with nigerian roots,so don't be surprised that i am giving Ghana well deserved support.at least,let's watch and see how this new "discovery" will affect ghana and it's economy.[/color][color=#990000][/color][color=#990000]

explain to me how nigeria has laged behind ghana economically. politically yes. but how so economically.

How can you compare the Economy of Nigeria to Ghana, When Nigeria, South Africa, Algeria and Egypt make up half the GDP of Africa.

If Nigeria collapsed today, it would destroy West Africa, so onyeigbo you must know that an unsuccessful Nigeria means an unsuccessful Ghana.

Think about all the millions of people that will leave Nigeria and Turn West Africa into the world's largest Refugee Camp.

P.S When Ghana was struggling, didn't Nigeria feel the impact, take that into account and times it by Five, that's what would happen to Ghana and West Africa if Nigeria collapsed indefinitely.

Nigeria is a Fragile State, but I find it funny when people call Nigeria a failed State.

Concerning the Oil found in Ghana, I would suggest that the Government spend the money on Infrastructure and enhancing their Gold Mining facilities etc, but if they are positive that there could potentially be more oil, they should consider spending a portion of the revenue on further Oil Explorations.

If Nigeria collapsed today, it would destroy West Africa, so onyeigbo you must know that an unsuccessful Nigeria means an unsuccessful Ghana.

Think about all the millions of people that will leave Nigeria and Turn West Africa into the world's largest Refugee Camp. An usuccessful Nigeria has RESULTED in a succesful Ghana! maybe ghana economically cannot challenge Nigeria just yet,but at least in terms of utilizing resources and brainpower they have at their disposal,ghana would get more of my vote.nigeria as a nation,should be a model of some sort,for other lesser or poorer african nations but for some reason,is more of a caricature and a joke(MY HONEST OPINION!!).Most of us nigerians are quick to place nigeria head and shoulders above every other west african nation when comparisons are being made,but yet nigeria still chooses to "follow" by example instead of leading by example.Ghana currently has almost the same appeal that the United States does for a majority of nigerians.that gives you an idea of how recent events might end up being a major wake-up call for the so-called "GIANT" of africa!!.[/color][color=#990000][color=#990000][/color]

You did not answer my question, and yor post clearly indicates that you have never been to Nigeria. I mean for crying out Loud History supports my Argument, it's not as I making things up here. When Ghana was struggling, didn't thousands of Ghanaians invade Nigeria, didn't the Government remove them in Truck Loads, Have you forgotten where the term Ghana must Go comes from. Even Ghana's Beta "Rawlings" says it. If you know anything about history, you'll know that Nigerians are the first people to jump aboard when the ship is sinking. They'll be in Ghana, Senegal, Europe, North Africa Faster than yo can reply to this Post. It'll be unlike anything the world has ever witnessed. I'd say 95% of Nigerians would attempt to leave, I can't say how many would succeed, but 95% of more 140 Million people attempting to leave a country is disaster.

Again, I am not making scenarios to my convenience, I'm sure most of you have read such Statements, coming from the White House and World Bank etc etc.

An usuccessful Nigeria has RESULTED in a succesful Ghana!

WRONG!, If you think that Nigeria is unsuccessful has it is, then you must be watching a different movie. How can Nigeria be an unsuccessful Joint, when Egypt along with Nigeria account for the Largest return of Investment in the country, If Nigeria is so unsuccessful, why isn't Poverty shooting up to 90%.

Some people are so disorientated to think that Nigeria is the worst thing in the world. If Nigeria, South Africa, Egypt and Algeria account for half of this continents GDP, then a Failed Nigeria, would mean that the GDP of Africa would immediately decrease by 19% or so. Africa would be poorer statistically.

So Please before you Crucify Nigeria, Answer My Question; How can an Unsuccessful Nigeria mean a successful Ghana?

Like I said with the Oil found in Ghana it is not a Major source of Revenue. Perhaps investing in New Refineries, and inviting more investors, could potentially mean a Gold Mine for Ghana.

After all Ghana might just be the First country in Africa to reach the Millennium Goal. South Africa hasn't reached it. Ghana has less poverty than South Africa.

Sorry I have to come in here.

Ghana has no economy at all. Infact Ghana has been saying they has discover oil No be today Abeg.


Ghana's budget 60% is funded by AID.

They import Rice up to $400million a year
what of chicken imported!

They have power outages like no man business

They dont have a stock exchange it is all Fraud.

till the nigerian came to save them the banking sector was like a mafia susu system.

Dont even compare Ghana to Nigeria at all.

Our leader and the people are very robust campared to Ghana.

They ONLY GET 5% FOR ALL THE GOLD THAT GET OUT OF GHANA APROXIMATELY 5% of 28billion

The leadership and followership is horrible Now it was better in Rawlings time.

We should know that this anouncement may be aimed at Nigeria so that our power we have in the Subregion can be weakened.

Tell me why it will take 7 years to start geting the oil out of the ground.

lets focus on Nigeria abeg.

Well Ghana has a pretty good Poverty Rate. It's at around 25% right now. Better than Nigeria's 56.4% and better than South Africa's

One thing I don't understand though is, why People say that Nigeria has 90% Poverty, the exaggeration is unbelievable, when CIA clearly states that as of 2005 Nigeria had 60% Poverty.

Facts are inexistent in Media these days, people just say things to suit their pathetic needs. I even read people saying Nigeria has 500 Megawatts of Electricity, you might as well say Nigeria has 2 Megawatts while you're at it. It's ridiculous. Nah Wahhh.

The Oil won't do much for Ghana, but if they can capitalize on it, and expand, then maybe Oil might just become a Major income Earner for Ghana

"Poverty" is not something that can be mathematically described. "Poverty rate" is meaningless. Let's be smart.

Well, if Poverty is decreasing Ghana at this rate, it means that by 2020, Ghana could even have less people living under the poverty line than America. Ghana has halved it's poverty, and I think that this new Oil discovery will help.

Continental Powerhouses like Egypt, South Africa and Nigeria have strong economies, but the money isn't trickling down to the people. Ghana's economy is weak, but the money that is available, is reflected on it's HDI and GDP per capita.

You did not answer my question, and yor post clearly indicates that you have never been to Nigeria. I mean for crying out Loud History supports my Argument, it's not as I making things up here. When Ghana was struggling, didn't thousands of Ghanaians invade Nigeria, didn't the Government remove them in Truck Loads, Have you forgotten where the term Ghana must Go comes from. Even Ghana's Beta "Rawlings" says it. If you know anything about history, you'll know that Nigerians are the first people to jump aboard when the ship is sinking. They'll be in Ghana, Senegal, Europe, North Africa Faster than yo can reply to this Post. It'll be unlike anything the world has ever witnessed. I'd say 95% of Nigerians would attempt to leave, I can't say how many would succeed, but 95% of more 140 Million people attempting to leave a country is disaster.At this present time,we have a substantial percentage of people who want to leave Nigeria to seek greener pastures elsewhere,even in Ghana!!.thousands of Ghanaians may have "INVADED" when things got so bad in their country,but at least there was an improvement and some of them returned.it's easy to assume nigeria has a major advantage over some other west african countries when it comes to natural resources,human population and economic potential.my question to you is,why the major exodus from nigeria and why is it that those who left previously are not returning?.the question you asked me might be better answered if you could ask the majority of nigerians here in the U.S. and the ones back home the same question and wait for their response.i am not denigrating Nigeria in any way,but sometimes the truth hurts.the country has a lot of potential which is being neglected and wasted for no reason whatsoever.in addition,i lived in nigeria for 14yrs. before returning to the U.S. i would like Nigeria to retain it's title as the "GIANT OF AFRICA" but it seems a lot of work has to be done before that can happen.Ghanaians were compelled to leave when economic conditions became unbearable and then later returned when things got better.when will that happen for nigerians in the U.S.?

but it seems a lot of work has to be done before that can happen.Ghanaians were compelled to leave when economic conditions became unbearable and then later returned when things got better.when will that happen for nigerians in the US.?

Rawlings must have been asking that when thousands of Ghanaians were flocking to Lagos.

There is no country in the world, that has stayed on top forever, history tells us that all Empires, Kingdoms, Countries etc eventually fall or give way to new ones. The Roman Empire Fell, and a more present example is Britain the World's Largest Super Power giving way to America.

Ghana Fell, and Ghana is now rising, Nigeria also fell, so why should Ghana be treated like a country with no problems, and Nigeria like Hades, what is the difference.

People still dey post for this thread?
I think Africans should try to divert their energy to developing alternative sources of energy on the continent. Despite all the noise about global warming, fossil fuel consumption is not going to decrease in the nearest future. But it will be advantageous for us to start developing other sources now than concentrating on oil.

Yes people have to respond because this may be a lie to reduce the power of Nigeria listen to what rawlings said in his warning to Nigerian. 40% of our oil is used by the USA.

Check out when they announced the discovery and the stocks of the company went up $8 as they say in Ghana this be Azan and Kalabule.

How can it take 5 - 6 years before they get the oil out.

I listened to BBC how they gave audience to the Nigerian football man that was supposedly attacked.

Listen to what happened in Ghana MICHEAL ESSIEN's WIFE WAS ATTACKED BY ARMED MEN AND AFTER THEY WERE ROBBED THE ARMED ROBBERS DEMANDED THAT THE WIFE OF THE FOOTBALLER STRETCH OUT HER ARM TO BE MATCHETED FOR EITHER LONG SLEEVE OR SHORT SLEEVE. SOMEONE RAN AND RAISED ALARM BEFORE THEY COULD CARRY OUT THE ACT.

but if it is nigeria you will see the everywhere. There is evil everywhere we tend to be too negative.

I think our journalist are looking at the eyes of the colonialist without knowing that they are selling us bad in nigeria.

whiteroses:

@:dblock, ghana did not fall and rising,come-on no country in africa has ever risen before talkless of falling again, even though west africa is predicted to rule the world like united states but not until china, japan, and other developed countries rule and fall before nigeria or ghana can rule, united kingdom has not even rule sef

Who said the U.K hasn't topped the world, prior to America's Emergence, U.K was the world's super power.
You also said no country in Africa has ever rise, wasn't Egypt the Utopia of the world in it's prime.

My Point being, that countries that are down, don't stay down forever, and countries that are on top don't stay on top forever.