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100,000 children living in poverty while Government squanders our natural resources – Ó Snodaigh

19 April, 2011 - by Aengus Ó Snodaigh TD


Sinn Féin Social Protection Spokesperson Aengus Ó Snodaigh TD, speaking in the Dáil this evening on the Private Members’ Motion on the State’s oil and gas resources, said the fact that Ireland, under current arrangements, would receive just 3.6% of the value of the Corrib field is economic treason.

Deputy Ó Snodaigh said the Government will fail in its duty to almost 100,000 children living in consistent poverty in Ireland if it does not reverse the odious and treacherous deal that will see a multi-national corporation rob the Irish people of the natural resources that are rightly ours.

He said:

“Almost 100,000 children are living in consistent poverty in Ireland. These children are often quite literally hungry and cold.

“The government will continue to fail in its duty to provide for the income, housing, health and educational needs of these children if it does not reverse the odious and treacherous deal that will see a multi-national corporation rob the Irish people of the natural resources that are rightly ours.

“The deals entered into by previous governments and endorsed recently by this government amount to Economic Treason.

“That Ireland will have to buy back its own oil and gas at market cost is economic treason. That little or no revenues accrue for Ireland from Irish gas and oil extracted and sold is economic treason.

“That the Norwegian people will get more benefit from these Irish natural resources than Ireland is economic treason.

“That Ireland, under current arrangements, would receive just 3.6% of the value of the Corrib field is economic treason.

“That this government would forego the billions of euro that could potentially be raised from these resources and let Ireland’s children go poor is economic treason.” ENDS

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