President Hage Geingob has fumed at Namibians who he said jump at every opportunity to shoot down possible investors, saying this mentality has cost the country numerous opportunities that could have liberated many from poverty.
Geingob expressed his dismay yesterday during a courtesy visit by Canadian oil and gas company, Reconnaissance Energy Africa (ReconAfrica), that is exploring for potential oil and gas in the Kavango Basin.
ReconAfrica faced scrutiny that was largely covered in the media with criticism by some environmental activities, allegations of illegal occupation and drilling in some villages as well as allegedly failing to implement standard environmental protection.
“People want to come here to invest but Namibians chase them away with negativity. Kavango is the poorest region and this an opportunity to create jobs, but people are chasing away investors with their negativity,” fumed Geingob.
The president further said Namibia is a country of laws and regulations, therefore, investors should follow the policy chains, which ReconAfrica has done through the Ministry of Mines and Energy and the Ministry of Environment, Forestry and Environment to ensure that all its processes are done lawfully.
Geingob also made reference to the hydroelectric dam proposal that was earmarked for the Kunene Region, which was however shut down by locals through protesting, saying the project could have uplifted the region’s economic status and its inhabitants who are up to date living in dire poverty.