EU diplomat calls for proper management of oil revenue

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EU diplomat calls for proper management of oil revenue
EU diplomat calls for proper management of oil revenue

Sheila Ponnie

Africa-Press – South-Sudan. The head of the European Union delegation to South Sudan, Amb. Timo Olkkonen expressed concerns over the mismanagement of oil revenue.

Speaking of the celebration of European Union Day in Juba on Thursday, Amb. Olkkonen lamented the detrimental impact of what he termed a “resource curse” on South Sudan’s development.

“Fossil fuels are dinosaur technology,” he remarked.

He discouraged the use of fossil-based technology citing the perilous consequences of climate change and stressed the urgent need for modern and environmentally friendly energy alternatives.

The diplomat acknowledged the importance of oil to South Sudan’s economy and lamented that the profits derived from this valuable resource have not adequately benefited the South Sudanese people.

“They have been squandered and misused exacerbating the challenges faced by the population,” he claimed.

He underscored the need to redirect focus towards renewable and sustainable resources, such as agriculture and biodiversity, which have been neglected for decades.

Despite facing adversity, Amb. Olkkonen commended the resilience of the South Sudanese people, noting their remarkable tenacity in the face of hardship.

“The recent economic downturn has exacerbated difficulties for many, yet solidarity within communities remains strong as individuals support each other through tough times,” said Amb. Olkkonen.

Olkkonen addressed the influx of over 650,000 refugees fleeing the war in Sudan, acknowledging the strain it places on South Sudan.

He applauded the South Sudanese government’s welcoming attitude towards refugees, which he said is in line with the need for continued support and solidarity.

He said,” Such welcoming attitudes deserve recognition and applause, showcasing the country’s commitment to compassion and solidarity.”

In the context of regional conflicts, Amb. Olkkonen reiterated the EU’s commitment to supporting efforts to end fighting in Sudan.

He highlighted the EU’s humanitarian assistance, development cooperation, and investment in vital sectors like health, education, and livelihood creation.

Source: The City Review South Sudan

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