The Energy Ministry has commenced a stakeholder engagement in communities with the Jomoro Municipality of the Western Region for the acquisition of a 20,000-acre plot of land for the Petroleum Hub.
Back in March 2019, Cabinet gave the approval for the establishment of the much-awaited petroleum hub in the Western Region to house all infrastructure projects in the petroleum industry.
Technical Advisor for the proposed 12-year Petroleum Hub Development project, Dr. Eric Yeboah, speaking to journalists on Saturday, November 28th at Bonyere revealed that the hub is expected to attract over $60 billion worth of investment to Jomoro and its environs where the project is to be located.
“The minister has put together this stakeholder engagement are mainly because surveyors are actually working in other communities accessing the land and accessing the crops to pave way for the payment of compensation, so this is another leg of conversation we are having for the past two years.
"We have to meet the people of Bonyere as part of the ongoing community engagement towards the acquisition of 20,000 acres of land in the Western Nzema area specifically Jomoro,” Dr Yeboah revealed.
Providing details about crop compensation, he stressed government has secured enough funds to settle every legitimate compensation.
Dr Yeboah reiterated that the aim of the petroleum hub is to meet the demands of the West African sub-region and eventually the entire continent and further develop Ghana’s petroleum downstream sub-sector.
Latest Stories
-
CBG records GH¢1bn revenue in Q3
1 min -
Mahama vows to create an agro-processing zone in Afram Plains
15 mins -
Political parties should plan for losses, not just wins – IGP advises
17 mins -
524 Diasporan Africans granted Ghanaian citizenship in ceremony
18 mins -
Mahama urges Afram Plains North residents to avoid ‘skirt and blouse’ voting
20 mins -
Asantehene receives more 19th century gold ornament and regalia
27 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
34 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
35 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
36 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
42 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
1 hour -
National Elections Security Taskforce meets political party heads ahead of December elections
1 hour -
Samsung’s AI-powered innovations honored by Consumer Technology Association
2 hours -
Fugitive Zambian MP arrested in Zimbabwe – minister
2 hours -
Town council in Canada at standstill over refusal to take King’s oath
2 hours