Gov’t Concentrating Efforts On Onshore Oil Discoveries – Prez

The President, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian Basin. According to President Akufo-Addo, 17 years ago, during the presidential campaign of then candidate John Agyekum Kufuor, he gave a solemn pledge to the people of … Read more

“Gov’t Concentrating Efforts On Onshore Oil Discoveries” – President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian Basin. According to President Akufo-Addo, 17 years ago, during the presidential campaign of then candidate John Agyekum Kufuor, he gave a solemn pledge to … Read more

Ghana Gas Denies Reports of ‘missing’ $47.4m Gas Funds

The Ghana National Gas Company has dismissed reports suggesting that it is unable to account for some $47.4 million accrued from the sale of raw gas to the Ghana National Petroleum Company (GNPC). Ghana Gas, in a statement signed by the Corporate Communications Manager of Ghana Gas, Ernest Owusu Bempah, described such reports as “untrue … Read more

NDC Faithful, Does Your Founder Really Deserve All the Jabs?

The Ex-President Rawlings’s (the Founder of the NDC Party) recent euphonious speech to commemorate the June 4 1979 Uprising was thought provoking in my humble opinion. Predictably, though, we have been observing contending schools of thought. Some critics view the speech as a pompous critique of highly sounding words. While other observers view the speech … Read more

The Special Prosecutor Retrieved Over GHC20 Billion

I had a sweet dream: The special prosecutor retrieved over GHC20 billion The introduction of a Special Prosecutor is a way of tackling bribery and corruption cases head-on This is probably the most exciting dream I have ever had. So you could imagine my utter disappointment when I suddenly woke up and realised that it … Read more

State Enterprises Need Competent Heads; Not Political Appointees

Ghana Extractive Industries and Transparency’s representative on the Public Interest Accountability Committee (PIAC) Dr Steve Manteaw is in support of the removal of Political Appointees heading State owned Enterprises and yet against the replacement of same, with another set of Political Appointees by a government in power. In his view, the practice is out-moded and … Read more

PIAC Needs Prosecutorial Powers

As a statutory institution committed to ensuring efficient, transparent and accountable management of petroleum revenues and investments, the Public Interest Accountability Committee (PIAC) lacks the legal wherewithal to prosecute people who misappropriate Ghana’s oil revenue allocations. This came to light at a three-day workshop on interrogating the 2016 Annual Public Interest and Accountability Committee (PIAC) … Read more

PURC Accountant Does Not Know His Job, Sack Him – Kofi Bentil

The Vice President of IMANI Ghana is demanding the dismissal of the accountant of the Public Utilities and Regulatory Commission (PURC) for obeying instructions and transferring more than GHC400,000 into his boss’ personal account. Kofi Bentil believes no professional accountant will transfer money into a private account without asking serious questions. Speaking on Joy FM’s … Read more

$300m Heritage Fund Not Enough For Free SHS – PIAC Chair

The Chairman of the Public Interest Accountability Committee (PIAC), Joseph Winful, has expressed doubts about the capacity of the Heritage Fund in its present stage, to meet the needs of the Free Senior High School policy. Speaking on Eyewitness News, Mr. Winful indicated that, the fund had less than $300 million, while some analysts say … Read more

$300m Heritage Fund Not Enough For Free SHS

The  Chairman of the Public Interest Accountability Committee (PIAC), Joseph Winful, has expressed doubts about the capacity of the Heritage Fund in its present stage, to meet the needs of the Free Senior High School policy. Speaking on Eyewitness News, Mr. Winful indicated that, the fund had less than $300 million, while some analysts say the … Read more

We Can’t Rely On Oil Revenue – Kwame Jantuah

The Free Senior High School (SHS) policy promised by the governing New Patriotic Party (NPP) government cannot be hinged on the country’s oil revenue, ), Kwame Jantuah, Vice Chairman of the Public Interest Accountability Committee (PIAC), has said. “I don’t think we should rely on oil revenue,” he told Emefa Apawu on Class FM’s 505 … Read more

2016 First Half Petroleum Revenue Dropped By 55%

Ghana’s revenue from the petroleum sector for the first half of last year dropped by 55 %. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year. This translates to a 55% reduction in revenues when compared to total petroleum receipts during the same period in 2015 (US$274.47 … Read more

2016 First Half Petroleum Revenue Drops By 50%

Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year. This translates to a 55% reduction in revenues when compared to total petroleum receipts during the same period in 2015 (US$274.47 … Read more

2016 First Half Petroleum Revenue Drops By 50%

Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year. This translates to a 55% reduction in revenues when compared to total petroleum receipts during the same period in 2015 (US$274.47 … Read more

‘Political Tag’ Impeding Operations of PIAC – Manteaw

The fear of the “partisan political” tag is creating a great challenge to the operations of the Public Interest Accountability Committee (PIAC), Dr Steve Manteaw, a member of the Committee has said. PIAC is a citizens-led statutory body established under section 51 of the Petroleum Revenue Management Act (Act 815) to provide additional non-parliamentary and … Read more

‘Political Tag’ Impeding Operations of PIAC

The fear of the “partisan political” tag is creating a great challenge to the operations of the Public Interest Accountability Committee (PIAC), Dr Steve Manteaw, a member of the Committee has said. PIAC is a citizens-led statutory body established under section 51 of the Petroleum Revenue Management Act (Act 815) to provide additional non-parliamentary and … Read more

Kwame Jantuah Likely To Emerge CPP Running Mate

The Convention People’s Party (CPP) says it will today (Tuesday) pick a presidential nomination form for its flag-bearer, Ivor Greenstreet, and set to announce a running mate by September 28 to partner him in this year’s presidential election. The First Vice Chairperson of the CPP, Hajia Hamdatu Ibrahim Haruna who revealed these to Onua said … Read more

Ghana’s Day of Betrayal and Shame

August 4th 2016 must be marked in the annals of Ghana as a Day of Betrayal and Shame when the majority of Ghana’s Parliamentarians on both sides of the House betrayed their collective conscience, that’s, if they have any at all or whatever is left of it, and surreptitiously without any fan-fare, transparency nor public … Read more

A Day Of Betrayal And Shame

August 4th 2016 must be marked in the annals of Ghana as a Day of Betrayal and Shame when the majority of Ghana’s Parliamentarians on both sides of the House betrayed their collective conscience, that’s, if they have any at all or whatever is left of it, and surreptitiously without any fan-fare, transparency nor public … Read more