Public Interest Accountability Committee

News

GOV’T, STATE INSTITUTIONS OWE GNPC OVER $318M – PIAC
14th April 2022

The Public Interest and Accountability Committee (PIAC) has disclosed that the Government and State Institutions owe the Ghana National Petroleum Corporation (GNPC) over $300 million US dollars since 2011. According to PIAC, the nonpayment of...

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STOP GIVING LOANS TO GOV’T, STATE INSTITUTIONS – PIAC URGES GNPC
14th April 2022

The Public Interest and Accountability Committee (PIAC) is urging the Ghana National Petroleum Corporation (GNPC) to halt granting loans to the government and State institutions. It made the call on the back of evidence that the government and...

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GHANA’S OIL REVENUE UP DESPITE DECREASE IN PRODUCTION – PIAC
14th April 2022

Data from the Public Interest and Accountability Committee (PIAC) has disclosed that Ghana’s revenue from oil production saw an increase to a record US$783.33 million in the year ending 2021. This represents a 17.5 percent increase in...

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PETROLEUM C’SSION TERMINATES FOUR OF EIGHTEEN PETROLEUM AGREEMENTS – PIAC REPORT
13th April 2022

Four of the eighteen subsisting Petroleum Agreements have been terminated by the Petroleum Commission in 2021 for non-performance in their minimum work obligations, the Public Interest and Accountability Committee (PIAC) has said. This is one of...

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STOP GIVING LOANS TO GOVERNMENT AND ITS INSTITUTIONS UNTIL SIGNIFICANT RECOVERIES ARE MADE – PIAC TO GNPC
13th April 2022

The Public Interest and Accountability Committee (PIAC) has advised the Ghana National Petroleum Corporation to stop giving out loans and grants to government and government institutions, until it recovers several millions of credit that has gone...

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GNPC NEEDS WELL-DEFINED MANDATE - BAAH-NUAKOH
30th March 2022

THE General Manager, Sustainability and Stakeholder Relations at the Ghana National Petroleum Corporation (GNPC), Dr Kwame Baah-Nuako, has called for a firm national decision on what the real mandate of the national oil company, Ghana National...

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