Photo of the week: Mining money funds new market in Ghana
Citizens are watching where oil and mining revenues go in Ghana — will the money fight poverty?January 18th, 2013 | by Chris Hufstader
Emanuel Gygmah (left), a representative from Simpa village on the local legislature, talks with women traders at a new market facility built there with money from Ghana’s mining royalties. Gygmah says Simpa is not directly affected by mining, but still deserves to enjoy some benefits. People in Ghana are asking their government to use mining and oil revenues to benefit all people in the country, so Oxfam America is working hard to support Ghanaians through the transparency provisions in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The law requires mining and oil companies to declare their payments to governments. This will help citizens to encourage their government to use their national wealth to fight poverty.
Right now US oil companies are suing to block these transparency rules in Dodd-Frank; you can send a message to urge oil companies to drop their support for the suit.
To stay abreast of Oxfam’s work to promote resource revenue transparency, “like” our Right to Know, Right to Decide Facebook page.