Post
Topic
Board Economics
Re: Oil discovery is it a cause or a blessing?
by
Gozie51
on 09/07/2024, 12:46:15 UTC
The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

God deposit different natural resources in places for human beings to harness and manage them but unfortunately, some countries have not been able to use theirs for the benefit of all but for selfish and personal gains. It is a blessing that it was deposited and it is suppose to be the economic empowerment for such region or country.

Those leaders who have found themselves to be embezzling the general wealth of the people need to have a rethink because it won't make them inherit all the world riches. Corruption is a weapon that has impoverished the people out of their wealth. The brain drain witnessed today in Africa have been as a result of lack of honest and purposeful leadership which is unfortunate. There are quite some natural resources scattered across Africa from gold, oil, copper, uranium which Namibia has the highest deposit in Africa.