Public Interest Accountability Committee

News

GHANA’S THREE OIL FIELDS GENERATE $31.2BN IN 10 YEARS
3rd March 2022

Cumulatively, a total amount of $31.22bn has been generated from the production oil from Ghana’s three (3) oil fields – Jubilee, Tweneboa-Enyenra-Ntomme (TEN) and Sankofa Gye Name (SGN). The total $31.22bn generated in the last decade...

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ONLY 20% GAINED FROM US$31BN PETROLEUM REVENUE IN 10YRS
3rd March 2022

Out of an estimated US$31.2billion generated from commercial oil production in the last ten years, the state has gained only 20 percent with too little to show how the country has benefitted, a Public Interest and Accountability Committee (PIAC)...

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GHANA SECURED US$6.55 BILLION IN PETROLEUM RECEIPTS FROM 2011 TO 2020 – PIAC REPORT
2nd March 2022

The Public Interest Accountability Committee (PIAC) has said Ghana earned an amount of US$6.55 billion from petroleum receipts between 2011 to 2020. This, according to PIAC's 10-year assessment report, represents 9.97 percent of 2020 Gross...

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GHANA’S UPSTREAM PETROLEUM INDUSTRY UNDER THREAT – PIAC REPORT
2nd March 2022

The country’s oil production is likely to face some threats if measures are not put in place to review some laws guiding the industry, the Public Interest and Accountability Committee (PIAC) has revealed in an assessment report on 10 years of...

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PIAC DISSATISFIED WITH MARKET PROJECT AT POKROM
11th February 2022

The Public Interest and Accountability Committee (PIAC) has expressed its dissatisfaction with a market project at Pokrom in the Akuapim South Constituency in the Eastern Region. The cost of the project, which includes a storage facility and...

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PIAC ADVISES GOVT TO FORMULATE NATIONAL DEVT PLAN FOR UTILISATION OF PETROLEUM REVENUE
10th February 2022

The Chairman of the Public Interest and Accountability Committee (PIAC), Professor Kwame Adom-Frimpong, has urged government to formulate a long-term National Development Plan (NDP) on the utilisation of petroleum revenue for the country. Such a...

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