Quote from: wiss19 on Today at 06:16:59 AM

Quote from: premier97 on July 06, 2024, 10:01:42 PM

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.

There is no doubt about that, anything that is mismanaged can cause problems and be worthless or will be used for evil means. Natural resources, be it oil, gold, or anything else, are a blessing for any country where they are discovered as this can change the faith of the country and their people, but this is only possible if the leaders aren't greedy, corrupt, and unethical, because if that is the case, they are not going to use the resources for the betterment of the country and its people but they will use it only for personal benefits.

There are a lot of examples in the world regarding these things, a lot of countries that are rich in minerals and natural resources are developing at a great pace, whereas some countries where there are also a lot of natural resources found are still third-world countries because of their corrupt leaders.

The government's mistakes in managing the natural resources owned by a country are of course very bad because they only think about their own interests and don't think about the fate of their people who also have the right to get the results of their natural wealth, so it is very important for the government to be able to manage it well. of its natural wealth so that it can be enjoyed by everyone and allows the economy to continue to progress if it can be managed well.

It is true that of the many countries that have natural resources and do not manage them well, of course these countries will find it very difficult to develop and they are even like countries that do not have natural wealth because the government only thinks about part of themselves and does not think about their people.