Sunday, October 19

Tag: Public Interest and Accountability Committee

PIAC probes utilisation of petroleum revenue  
News

PIAC probes utilisation of petroleum revenue  

The Public Interest and Accountability Committee (PIAC) has reiterated its commitment to promoting transparency and accountability in the use of petroleum revenues during a public forum held in Asesewa in the Upper Manya Krobo District.  The event, which brought together stakeholders such as think tanks, security agencies, civil society organisations, faith-based groups, and community members, focused on enhancing public understanding of Ghana’s oil resource management and ensuring that oil-funded projects were channelled toward local development priorities.  The PIAC explained that the forum was part of its public engagement mandate under Section 51 of the Petroleum Revenue Management Act, 2011 (Act 815), which established the committee as an independent statutory body tasked w...
PIAC unhappy with execution of oil-funded projects in Yendi  
News

PIAC unhappy with execution of oil-funded projects in Yendi  

The Public Interest and Accountability Committee (PIAC) has expressed dissatisfaction with the state of oil-funded projects in the Yendi Municipality of the Northern Region.   This came to light at the start of a three-day inspection tour by PIAC members to assess projects financed through the Annual Budget Funding Amount (ABFA) from Ghana’s petroleum revenue.   Projects visited included the construction of the Yendi–Saboba road, estimated to cost more than GH¢4.46 million, the construction of a double 2Mx2M box culvert (Phase One) on the Gamandze–Paansiya link road at a cost of GH¢296,158.70; and the upgrading of sections of the same road from earth to gravel surface, valued at GH¢102,454.95.   Others were the construction of a double 2Mx2M box culvert and U-c...
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