The Vice Chairman of the Public Interest and Accountability Committee (PIAC), Nasir Alfa Mohammed, has said the existence of the committee has impacted positively on petroleum revenue management (PRM) in the country in the past 11 years.
The DACF has received more than GH¢32,380,403.91 from the ABFA in 2021 following a 2019 decision of the Supreme Court in the case of Kpodo vs The Attorney-General.
A report from the Public Interest and Accountability Committee’s Annual Report on the management and use of Petroleum revenues for the period of 2018 revealed about 99 percent of oil cash was usedfor the payment of school fees in respect of the government’s FreeSHS.
The Public Interest and Accountability Committee (PIAC) noted in2019, that the Ministry of Finance, Tema Oil Refinery, Bulk OilStorage Transport, and Ghana Gas owed the Ghana NationalPetroleum Commission GH¢1,318,393,339.
The country faces a potential judgement debt over a stalled decommissioning of an old oil rig at Saltpond in the Central Region, warns the Institute of Energy Research and Policies (INSTEPR).
The government should avoid giving wholesale fiscal tax incentives to certain oil companies operating in the country’s oil fields, Nasir Alfa Mohammed, Vice Chair of the Public Interest and Accountability Committee (PIAC), said here
Petroleum revenue: 80% of recommendations made need to be worked on – PIAC
The Public Interest Accountability Committee (PIAC) has expressed satisfaction with some ongoing projects in the Western North and the North East Regions.
PIAC wants a timely assessment of Ghana’s management and use of petroleum revenues to identify areas of strength and weakness to strategise for the future
The Public Interest and Accountability Committee (PIAC) has cautioned the Ghana National Petroleum Corporation (GNPC) against continuously lending to the government.