On Tuesday 24th January 2018, The Institute of Economic Affairs (IEA) hosted a luncheon in honour of H.E Iain Walker, The British High Commissioner to Ghana. He was accompanied by Annup Vyas, the Head of Political and Press Section, and Abdul-Razak Yakubu, a Political Officer at the British High Commission.
Also in attendance were other distinguished members of Ghanaian society, policy makers and business leaders namely;
Dr. Charles Mensa, Board Chairman of the IEA welcomed all guests to the Institute. He made known to all that the purpose of the luncheon was to provide H.E Walker with an overview of Ghana’s oil and gas discovery, to analyse the performance of the sector 10 years on and also to present an independent platform for discussion.
Prof. Asafu-Adjaye, a senior fellow at the Institute led the guests in discussion on the Macroeconomic impacts of Ghana’s oil discovery. He engaged guests on the ongoing national dialogue on whether Ghanaians were benefitting from the revenue being generated from the oil production.
This provoked some discussion and the general view expressed was that Ghana should review and renegotiate some contracts to be able to fully exploit the benefits of Ghana’s oil resources.