Public Interest Accountability Committee

News

PETROLEUM REVENUES WILL BENEFIT ALL GHANAIANS - PRESIDENT
24th March 2021

Government is committed to ensuring that petroleum revenues are well managed for the benefit of all Ghanaians, President Nana Addo Dankwa Akufo-Addo has said. Speaking at the launch of the 10th anniversary celebration of the Public Interest and...

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PIAC BACKS USING LOCAL SALT TO FEED OIL INDUSTRY
3rd March 2021

Oil-producing companies (OICs) in the country import salt, one of the key products in the production of oil, from other countries, a situation the Technical Director of the Public Interest and Accountability Committee (PIAC), Mark Agyemang, said can...

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FINANCE MINISTRY FAILS TO PROVIDE ABFA UTILISATION DATA FOR FOURTH YEAR
2nd March 2021

The Ministry of Finance (MoF) has failed to provide data on the utilization of Annual Budget Funding Amount (ABFA) as mandated by the Petroleum Revenue Management Act (PRMA) for accountability and transparency purposes for the third consecutive year...

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GHANA HAS 2BN BARRELS OF OIL LEFT TO DRILL
1st March 2021

Ghana has a total of 2bn barrels of oil left to drill before the country’s hydrocarbons get depleted, the Public Interest and Accountability Committee (PIAC) has revealed. In 2010, the country lifted its first oil cargo of 1.1m barrels, and...

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FINANCE MINISTRY FRUSTRATES WORK OF PIAC, FAILS TO RELEASE DATA ON OIL CASH FOR THE FOURTH TIME
1st March 2021

The Ministry of Finance has, for the fourth time, failed to release data on the Annual Budget Funding Amount (ABFA) to the Public Interest and Accountability Committee (PIAC) to enable the body add their data in the compilation of its reports on...

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PROF KWAME ADOM-FRIMPONG IS NEW CHAIRMAN OF PIAC
21st January 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 elected Professor Kwame Adom-Frimpong as its new...

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