The Landless People’s Movement says it will create an oil revenue fund if elected as the next Namibian government.
The party led by Bernardus Swartbooi launched its manifesto on Sunday in Rundu, Kavango East.
Swartbooi said the fund will be in charge of direct transfers of some of the oil revenues directly to the people.
According to Swartbooi, there must be direct transfers of oil monies to the people of Namibia.
“We can no longer rely on a single economic theory of trickle-down economics,” he said, adding that Namibia must enter a frontal attack on poverty and inequality.
“Of course, we will create the Oil and Oil Products Administration Act, including the Gas and Gas Products Administration Act, to manage these resources well,” Swartbooi said.
He said Namibia will associate with Saudi Arabia, amongst others, to learn further best practices for devolving oil revenues into economically diverse social and economic development programmes.
Swartbooi also said his party plans to create a Namibian Renewable Energy Corporation to fund, source, and distribute renewable electricity power with local authorities and other private sector role players.
The Landless People’s Movement also wants to change the Minerals Act to give veto power to communities where EPLs and other exploration activities are to be done.
He said people must have a say in land use, not the Minerals Act dictating how land use is changed simply because a mineral resource could likely be found in a particular area.
Swartbooi said the youth leadership training with international leadership foundations will enhance Namibia’s ability to project its interest worldwide in a brutally competitive world.
“This programme will target 500 youth per year. The Youth International Business and Technology exposure programme will target 300 youths annually, connecting them with internships and job affiliations at globally reputable corporations continuously and worldwide.
“We need to increase the capability of youth at every level of society and economic activity,” Swartbooi said.
