Ghana’s crude oil production has declined for the fifth year on a roll, dropping from a peak of 71.44 million barrels in 2019 to 48.25 million barrels in 2024.
Implement Gas Master Plan On Crude Oil – PIAC
Emerita Professor Elizabeth Ardayfio-Schandorf (middle) with other PIAC members The Public Interest and Accountability Committee (PIAC) is asking the government to develop gas reserves by revisiting and implementing the
PIAC Holds Workshop On Oil Production
The Public Interest and Accountability Committee (PIAC) will today commence a two-day workshop on finding solutions to the declining crude oil production in the country. Hosted by the Public
Monitor Utilisation Of Oil Revenue Projects -PIAC
Media practitioners in the Bono Region have been asked to monitor and report on projects being financed by oil revenue proceeds to ensure that the public is informed. Chairman
PIAC Calls For Intensive Oil Fields Audit
Emerita Professor Elizabeth Schandorf The Public Interest and Accountability Committee (PIAC) has stressed the need for the Ghana Revenue Authority (GRA) and the National Petroleum Commission (NPC) to intensify
Take Steps To Reverse Oil Production Decline – PIAC to GovtTake Steps To Reverse Oil Production Decline – PIAC to Govt
Prof. Emerita Elizabeth Ardayfio-Schandorf (L) with Prof. Paul Kingsley Buah-Bassuah launching the report The government and relevant regulatory bodies have been urged to take appropriate steps to reverse production
Finance Ministry Not Meeting 5% ABFA Requirement – PIAC
Dignitaries displaying the PIAC report at the launch The Public Interest and Accountability Committee (PIAC), simplified report titled, “Citizen Version 2022,” has revealed that the Ministry of Finance has
PIAC Lauds Govt’s Use Of Oil Cash
Nasir Alfa Mohammed, Vice Chairman of PIAC The Public Interest and Accountability Committee (PIAC) has praised the government for allocating a considerable portion of petroleum earnings to the improvement
PIAC Fires MPs Over GSF Capping
THE PUBLIC Interest and Accountability Committee (PIAC) has criticised Parliament for failing to prevail on the Finance Minister, Ken Ofori-Atta, to reverse capping on the Ghana Stabilisation Fund (GSF)
Pay JOHL Oil Proceeds Into PHF – PIAC
PIAC Chairman, Professor Kwame Adom-Frimpong The Public Interest and Accountability Committee (PIAC) has asked management of the Jubilee Oil Holding Limited (JOHL) to pay the oil proceeds of its first
PIAC Calls For Plan On Oil Revenue Spending
Professor Kwame Adom-Frimpong The Public Interest and Accountability Committee (PIAC) has reiterated the need for a long-term development plan for effective utilisation of oil revenue. The Committee said such a
GH¢129.26m DACF Allocation Not Disbursed – PIAC
Prof. Kwame Adom-Frimpong THE PUBLIC Interest and Accountability Committee (PIAC) has accused the Ministry of Finance of failing to disburse GH¢129.26 million allocated to the District Assemblies Common Fund (DACF).
PIAC Unhappy With Delays of Oil Funded Projects in Volta
The Public Interest and Accountability Committee (PIAC) has expressed dissatisfaction with what it describes as the lackadaisical attitude towards projects funded by the country’s petroleum revenue in the Volta Region.