Management and Implementation of Petroleum Revenues for Petroleum Producing Communities
Dates: 10 May 2017 – 10 May 2017
Location: 2:00 pm-5:00 pm, Home & Away
Organizer: The Sudd Institute
Countries endowed with non-renewable natural resources such as petroleum and minerals are increasingly designing and adopting better models of resource revenue-sharing regimes between central and sub-national governments and communities in producing areas. The reasons for doing so are varied but chief among them is the need to prevent the “resource curse”, which is a situation in which the extraction of natural resource without gains by the local communities can engender poverty, violence, and political instability in a resourced-rich country. Fundamentally, these seemingly existential challenges drive the impetus for national governments to design and implement more equitable revenue-sharing arrangements particularly at local levels. Without such natural resource-sharing mechanisms, extraction can very easily breed discontent, mistrust, and ultimately fuel violent conflicts. Better designed natural resource revenue sharing arrangements between the central and sub-national governments can improve the potential for peace, stability, and developments in resource-rich but fragile nations.
South Sudan, a country endowed with petroleum and other natural resources, has got a resource sharing formula that gives the petroleum producing states and communities 2 and 3 percent shares of the net petroleum revenues respectively. However, little is known about its management, implementation and challenges. Therefore, using the findings from this study, this public discourse brings together government officials, MPs and civil society organizations to discuss the management and implementation of the 3 percent share of net petroleum revenues allocated to the petroleum producing communities. The discourse is expected to build common ground to create transparent, accountable and beneficial management and implementation of the 3 percent share of net petroleum revenues for petroleum producing communities.
Ariik David Aguto Reng, Research Associate, The Sudd Institute
Nhial Tiitmamer, Researcher and Programme Manager, The Sudd Institute
Dr. Lual A. Deng, Managing Director, Ebony Center for Strategic Studies and Member of South Sudan Transitional National Legislative Assembly
Dr. David Mayo, Member of South Sudan Transitional National Legislative Assembly
Reverend. James Ninrew, Pastor and Head of Assistance Mission for Africa (AMA)
Hon. Aggrey Tisa Sabuni, Economic Adviser to the President of the Republic of South Sudan