Public Interest Accountability Committee

News

We will manage oil revenue to benefit all - Nana Addo
10th July 2017

President Akufo Addo has committed to the efficient use of Ghana’s oil revenue to give value for money and protect the interest of Ghanaians. According to him, Ghana has no reason not to improve the lot of citizens with a decade of...

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PIAC counters Ghana Gas criticism of 2016 annual report
23rd June 2017

The Public Interest and Accountability Committee (PIAC) says it stands by its 2016 annual report, countering concerns by Ghana National Gas Company (Ghana Gas) that sections of the annual report were inaccurate. Ghana Gas had raised concerns that...

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Oil revenue not understated -GNPC
23rd June 2017

The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring mechanisms in place are strong enough to prevent...

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10 yrs after oil discovery, PIAC member laments nation's failure in properly managing resource
23rd June 2017

Co-chair of the Ghana Extractives Industry Transparency Initiative (GHEITI) Dr. Emmanuel Steve Asare Manteaw, who is also a member of the Public Interest and Accountability Committee (PIAC), has said the inability of the country to properly sequence...

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Ghana Gas confused about VRA debt – PIAC
20th June 2017

The Public Interest and Accountability Committee (PIAC) has said the Ghana National Gas Company (Ghana Gas) is confused about how much power producer Volta River Authority (VRA) is indebted to the state gas company. Ghana Gas, in a press...

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ACEP opposes hedging, wants stabilization fund fortified
19th June 2017

The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. According to the Executive Director of ACEP, Benjamin Boakye, the move will rather be injurious to the country’s...

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