PPM against Lake Malawi oil search

Peoples Progressive Movement (PPM)  president Mark Katsonga Phiri has said that Lake Malawi oil search will not benefit Malawians.

Katsonga, who will contest for presidency in May 20 elections,  said after presenting nomination papers to Malawi Electoral Commission at Comesa hall in Blantyre.

“The Lake Malawi oil programme will only benefit foreign countries not Malawians and it will only destroy our fish in the lake,” he said.

Katsonga:  Oil will benefit foreign companies

Katsonga: Oil will benefit foreign companies

Malawi and Tanzania are sorting out a dispute over the ownership of Lake Malawi – known as Lake Nyasa in Tanzania. Both countries want to drill oil in the water body.

Katsonga Phiri said Malawi is in the situation it is in because the electorate have in the past voted leaders based on regionalism; some based their voting on fame or presumed size of the political party.

He observed that Malawi’s persistent problems of hunger, disease and envy stem from poverty which was confirmed by PPM’s research.

Katsinga Phiri said his party has produced a 20-point plan which is key for national development.

“ Some of the issues in the plan are abolishment of government Consolidated Account, financial empowerment of local government structures, strengthening of councils through capacity building, reforming Admarc to benefit farmers and establishment of investor friendly banks,” he said.

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