The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Policymakers urged to address unequal distribution of wealth from oil and gas sector

Contributed by NAMPA.

LÜDERITZ, 18 APR (NAMPA)- Linda McLeod, Consultant at the Namibian Investment Promotion and Development Board (NIPDB), has encouraged policymakers to address the unequal distribution of wealth from the oil and gas sector.
Currently, despite large contributions to the gross domestic product (GDP), only a small portion of these revenues flow down to local communities.
On the margins of the Namibia Local Content Conference in Lüderitz, McLeod told Nampa that measures must be put in place to ensur ...

 

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