The Public Interest and Accountability Committee (PIAC), in partnership with the Natural Resource Governance Institute (NRGI), has held a technical roundtable bringing together key stakeholders to examine emerging proposals on the use of the Ghana Heritage Fund (GHF) and the Ghana Stabilisation Fund (GSF), with a focus on their fiscal and governance implications. Discussions centered […]
The Chair of the Public Interest and Accountability Committee (PIAC), Richard Ellimah, has held discussions with the Minister for Finance, Dr Cassiel Ato Forson, on the financial challenges confronting the Committee and the need for sustainable funding to support its mandate. The meeting, held on Monday, 26th January 2026, discussed PIAC’s funding constraints, particularly the […]
The Public Interest and Accountability Committee (PIAC) in partnership with the Africa Centre for Energy Policy (ACEP) engaged market women on the management and use of petroleum revenues in Ghana. Participants were drawn from the Madina Main Market, Adenta Market and the Bohye Market for the event on Friday, 28th November, 2025. The engagement formed […]
The Public Interest and Accountability Committee (PIAC) has elected a Natural Resource Governance Analyst and Community Analyst, Mr Richard Ellimah as Chair to serve a one-year term from November 2025 to November 2026. Mr Ellimah, who is a PIAC Member representing Civil Society Organisations (CSOs) and Community-Based Organisations (CBOs) was elected by Members of the […]
The Public Interest and Accountability Committee (PIAC), the country’s independent petroleum revenue watchdog, has sworn-in five new members to replace outgoing representatives whose tenure on the Committee has ended. The new appointees include Mr. Zamboanga Rufai Saminu of the Ghana Journalists Association (GJA); Ms. Veronica Adigbo of the Ghana Bar Association (GBA); and Nana Soglo […]
The Ghana Infrastructure Investment Fund’s (GIIF) US$30 million investment in the construction of Kotoka International Airport’s Terminal III has yielded a total return of US$5.5 million between 2017 and 2019, according to the Public Interest and Accountability Committee’s (PIAC) 2025 Semi-Annual Report. PIAC highlighted the investment as a prime example of how petroleum revenues, when […]
Ghana’s crude oil production declined sharply by 25.92 percent year-on-year in the first half of 2025, according to the Public Interest and Accountability Committee (PIAC). The Committee’s 2025 Semi-Annual Report on the management and use of petroleum revenues revealed that total output from the country’s three producing offshore fields – Jubilee, TEN, and Sankofa-Gye Nyame […]
Ghana’s total petroleum receipts plummeted by 56 percent in the first half of 2025, falling from US$840.77 million in first half of 2024 to US$370.34 million, according to the 2025 Semi-Annual Report released by the Public Interest and Accountability Committee (PIAC). The sharp decline is primarily attributed to a 25.92 percent drop in crude oil […]
The Public Interest and Accountability Committee (PIAC) has conducted inspections of selected projects funded with petroleum revenues in the Eastern and Northern Regions of Ghana. This activity forms part of the Committee’s statutory mandate to independently monitor and evaluate the management and use of petroleum revenues, as provided for under the Petroleum Revenue Management Act […]
The President, John Dramani Mahama has reaffirmed government’s commitment to support the Public Interest and Accountability Committee (PIAC) to play its oversight role in the petroleum revenue management space. He reiterated the importance of the Committee’s role in ensuring the prudent management and use of the country’s petroleum revenues for impact and benefit of all […]
