THE Paramount Chief of the Essikado Traditional Area, Nana Kobina Nketsea V, has advised investors who have turned their attention to the Western Region because of the discovery of oil not to exploit the people.
He urged the investors to adopt ethical investment practices that would benefit communities in the area.
In an interview with the Daily Graphic, he said ethical practices were needed to engender a peaceful environment for businesses to flourish and the communities in the area to develop.
The discovery of oil in the region, as announced in 2007, has generated a lot of interests and has, therefore, drawn businessmen to the region.
Nana Nketsea said, "Ethical investment is what we need. We don't want investors to come into the area, use what we have and turn round to cheat us. That is not ethical and will not help us."
“The people might not be rich. Therefore, a token at the moment will mean much to them, but after they have finished and realised they have been cheated and their future mortgaged, they will not be happy,” he added.
According to him, ethical practices would promote industrial and social harmony.
Nana Nketsea said if the people felt comfortable with the dealings of the investor community, they would feel part of the businesses and contribute their quota for the growth of those businesses.
He also called on the investors to help develop the areas where they operated into modern cities and towns.
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