Public Interest Accountability Committee

News

PIAC LAUDED FOR SERVING ITS MANDATE FOR THE PAST 10 YEARS
10th December 2021

The Municipal Chief Executive (MCE) for the Ablekuma West Municipal Assembly, George Cyril Bray, has commended the Public Interest and Accountability Committee for their role in ensuring the accountable use of petroleum revenue in Ghana. PIAC...

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GHANA MADE US$6.2 BILLION FROM OIL PRODUCTION IN THE LAST 10 YEARS - PIAC
10th December 2021

Ghana has derived US6.2 billion dollars from the exploration of oil from 2010 to June 2021. According to PIAC, the Jubilee Oil Field produced 295 million barrels of oil, whiles TEN produced 70million and Sankofa produced 40million barrels of...

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FLOWERPOT FLYOVER: GHANA TO PAY EXTRA GH¢80 MILLION OVER DELAY
9th December 2021

The Government is to pay an additional GH¢80 million for the completion of the Flowerpot flyover project supposed to be completed in 2018 at GH¢67 million. After a new variation order, the project, which commenced in 2016 and currently...

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EVALUATE IMPACT OF PRIORITY AREAS FOR OIL SPENDING -PIAC
8th December 2021

The Public Interest and Accountability Committee (PIAC) has called for an impact evaluation of the priority areas that are selected for spending of oil revenues. An assessment by the committee revealed that even though four priority areas are...

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STATEMENT BY THE PUBLIC INTEREST AND ACCOUNTABILITY COMMITTEE ON ITS PARTNERHSIP WITH THE ECONOMIC AND ORGANISED CRIME OFFICE (EOCO)
15th November 2021

The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues, has noted with concern media reports suggesting its withdrawal from a...

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ALLOW STABILISATION FUND TO GROW - PIAC TO GOVT
11th November 2021

Professor Kwame Adom-Frimpong, the Chairman of the Public Interest and Accountability Committee (PIAC), has urged the Ministry of Finance to minimise its short-term reliance on the Ghana Stabilitisation Fund to finance government...

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