From: Ad 

http://news.bbc.co.uk/1/hi/business/6764549.stm

One to watch. Ghana has been doing OK inc as a society (comparatively low
levels of corruption, diversified economy etc).

"UK firm Tullow Oil has announced the discovery of 600 million barrels
of light oil offshore from Ghana.

Reserves in the Mahogany exploration well were far greater than the 250
million barrels than the firm had earlier forecast, it said. "

"Ghana's President John Kufuor told the BBC that the discovery would
give a major boost to Ghana's economy.

"Oil is money, and we need money to do the schools, the roads, the
hospitals. If you find oil, you manage it well, can you complain about
that?

"Even without oil, we are doing so well, already. Now, with oil as a
shot in the arm, we're going to fly," he said. "

Flies in the face of experience....

Gov Money w/o accountability.....



Adam

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