ABSTRACT The development of Ghana requires adequate revenue generation from the oil and gas sector. In the country’s quest to generate revenue for its development, a number of damages are caused to both the livelihoods of people in the oil producing areas and the environment. The research examined the environmental implications of oil and gas activities on the livelihoods of citizens in Akyinkyin in the western region of Ghana. Both the probability and non-probability methods of research we...
ABSTRACT The oil sector contributes to the Gross Domestic Product (GDP), provides jobs and community development in Ghana. In June, 2007 when oil was discovered on the Jubilee fields in Ghana, it brought jubilation to the populace, especially the oil producing western region as the nation was to generate an extra source of revenue for the country’s growth agenda. Despite the immense contribution of oil revenues, community members have been relegated towards contributing to petroleum revenu...
ABSTRACT It is expected that the discovery of oil and gas in commercial quantity in the jubilee field in Ghana raises the hope and expectation of revenue flow and job creation for the citizens. However, oil and gas could end up as a resource curse or blessing depending on how the expectation of citizens are managed. This study therefore examined the expectation management of oil and gas in Ghana. Specifically, the study ascertained the framework of expectations management, examined the expect...
ABSTRACT Many fuel stations in Ghana have explored alternative sources of income in order to remain profitable and it is a concern that there are too many fuel stations, resulting in an overtraded market. The retail fuel outlet businesses in the country incorporated the usage of various market mix elements to improve their profitability, price positioning, and competitive advantage to survive and grow (Johne & Davies, 2002). Achieving efficient and effective product marketing strategy by an o...
ABSTRACT Several works have explored the relationship between oil and gas exploration and the livelihood. Such works posit that the two are undeniable inversely related (Auty, 1993; Le Billon, 2005; Basedau, 2005). Inferring from the state of oil exploration and its effects on the livelihoods of the host communities, one observes the significant role oil and gas exploration play in the national economy while at the same time impoverishes the host communities. Thus, using the positivist approa...
ABSTRACT Ghana commenced the commercial production of oil in 2010 with the subsequent passage of the Petroleum Revenue Management Act, 2011 (Act 815) and the Income Tax Law to govern the management of the petroleum revenues. In spite of Act 815 as amended, Act 893 in 2015, regarding sustainable revenue management; government’s expenditure from the Ghana Petroleum Fund on recurrent and non-capital items creates sources for concern. This study therefore, was set out to examine the various pet...