{"id":58079,"date":"2024-05-11T09:50:32","date_gmt":"2024-05-11T09:50:32","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/eu-diplomat-calls-for-proper-management-of-oil-revenue"},"modified":"2024-05-11T10:14:17","modified_gmt":"2024-05-11T10:14:17","slug":"eu-diplomat-calls-for-proper-management-of-oil-revenue","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/eu-diplomat-calls-for-proper-management-of-oil-revenue","title":{"rendered":"EU diplomat calls for proper management of oil revenue"},"content":{"rendered":"<p><b>Sheila Ponnie<\/b><\/p>\n<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>The head of the European Union delegation to South Sudan, Amb. Timo Olkkonen expressed concerns over the mismanagement of oil revenue.<\/p>\n<p>Speaking of the celebration of European Union Day in Juba on Thursday, Amb. Olkkonen lamented the detrimental impact of what he termed a \u201cresource curse\u201d on South Sudan\u2019s development.<\/p>\n<p>\u201cFossil fuels are dinosaur technology,\u201d he remarked.<\/p>\n<p>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.<\/p>\n<p>The diplomat acknowledged the importance of oil to South Sudan\u2019s economy and lamented that the profits derived from this valuable resource have not adequately benefited the South Sudanese people.<\/p>\n<p>\u201cThey have been squandered and misused exacerbating the challenges faced by the population,\u201d he claimed.<\/p>\n<p>He underscored the need to redirect focus towards renewable and sustainable resources, such as agriculture and biodiversity, which have been neglected for decades.<\/p>\n<p>Despite facing adversity, Amb. Olkkonen commended the resilience of the South Sudanese people, noting their remarkable tenacity in the face of hardship.<\/p>\n<p>\u201cThe recent economic downturn has exacerbated difficulties for many, yet solidarity within communities remains strong as individuals support each other through tough times,\u201d said Amb. Olkkonen.<\/p>\n<p>Olkkonen addressed the influx of over 650,000 refugees fleeing the war in Sudan, acknowledging the strain it places on South Sudan.<\/p>\n<p>He applauded the South Sudanese government\u2019s welcoming attitude towards refugees, which he said is in line with the need for continued support and solidarity.<\/p>\n<p>He said,\u201d Such welcoming attitudes deserve recognition and applause, showcasing the country\u2019s commitment to compassion and solidarity.\u201d<\/p>\n<p>In the context of regional conflicts, Amb. Olkkonen reiterated the EU\u2019s commitment to supporting efforts to end fighting in Sudan.<\/p>\n<p>He highlighted the EU\u2019s humanitarian assistance, development cooperation, and investment in vital sectors like health, education, and livelihood creation.<\/p>\n<p><b>Source: The City Review South Sudan<\/b><\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheila Ponnie Africa-Press &#8211; 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 \u201cresource curse\u201d on South Sudan\u2019s development. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":58078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,57,278,236,233,4798],"class_list":["post-58079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-sudan","tag-eu","tag-oil","tag-south-sudan-2","tag-south-sudan","tag-timo-olkkonen"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EU diplomat calls for proper management of oil revenue - South Sudan<\/title>\n<meta name=\"description\" content=\"The head of the European Union delegation to South Sudan, Amb. 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