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Oil In Liberia: How Could Liberians Settle For Only 5%?

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“Bad leadership is Africa’s major problem" The looting of African oil has begun in Grand Style, this time not in Nigeria nor Ghana but right in Liberia, also located in the West African region. For a country which has remained one of Africa’s poorest for decades, many were those who heaved a deep sigh of relief when Liberia recently announced to have “discovered” oil in commercial quantities, joining her West African sisters: Ghana, Nigeria and some others.

Dr. Kwame Nkrumah

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AFRICANGLOBE - The Rt. Hon. Dr. Kwame Nkrumah (21 September 1909 – 27 April 1972), P.C., was the leader of Ghana and its predecessor state, the Gold Coast, from 1951 to 1966. Overseeing the nation's independence from British colonial rule in 1957, Nkrumah was the first President of Ghana and the first Prime Minister of Ghana. An influential 20th-century advocate of Pan-Africanism, he was a founding member of the Organization of African Unity and was the winner of the Lenin Peace Prize in 1963.
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