A market constructed to boost economic activities and bring relief to traders at Kwaso in the Ejisu Municipality of Ashanti Region has been left unoccupied, four years after its completion. The GHC890,000 facility remains empty whilst traders continue to ply their trading activities by the roadside. “Some of us used to occupy the market but […]
The Public Interest and Accountability Committee (PIAC) is questioning the government’s motive not to disburse any of the accrued petroleum revenue for industrialisation in the first half of the year. The 2024 semi-annual report of the Committee revealed the government failed to make any allotment to boost industrial growth despite being cited as a priority […]
The Public Interest and Accountability Committee (PIAC) has made an urgent appeal to government to complete the Anomabo Fisheries College and get it running to revitalise the fisheries sector. Having selected Agriculture and Fisheries as a priority area, the Committee has entreated government to allocate adequate amount of oil revenue to complete the project to […]
The Public Interest and Accountability Committee (PIAC) is pressing government to demonstrate actual commitment to its industrialisation agenda by allocating more petroleum revenue to build industries to drive growth. The 2024 PIAC semi-annual report indicates that government failed to disburse any revenue to the sector in the first half of the year, even though industrialisation […]
Ghana’s crude oil production increased by 10.7 per cent in the first half of 2024 compared to a 13.2 per cent decline in the previous year. The increase from 22,452,078.81 barrels (bbls) in the first half of 2023 to 477.52 bbls in the same period of 2024 was due to the coming on stream of […]
Domestic crude oil production increased by 10.7 percent in first-half 2024, reaching 24.86 million barrels (bbls). The trend, if sustained, will reverse a four-year decline in production volumes, the Public Interest and Accountability Committee (PIAC) has reported. This development marks a sharp turnaround from the 13.2 percent drop recorded during the same period of 2023. […]
Ghana’s crude oil production increased by 10.7 per cent in the first half of 2024 compared to a 13.2 per cent decline in the previous year. The increase from 22,452,078.81 barrels (bbls) in the first half of 2023 to 477.52 bbls in the same period of 2024 was due to the coming on stream of […]
The Public Interest and Accountability Committee (PIAC) has named Constantine K.M. Kudzedzi, a prominent lawyer and advocate, as its new Chairperson for a one-year term. This leadership transition marks a critical juncture for PIAC as it reinforces its mandate to promote transparency and accountability in the management of Ghana’s petroleum revenues. Mr. Kudzedzi, who succeeds […]
Stakeholders in the oil and gas sector, including players from the public and private sectors have made recommendations to help reverse the oil production decline recorded over the last four-year period. The recommendations were captured in a communique released at the end a two-day technical consultative workshop to address the issue. The event was organised […]
A member of Public Interest and Accountability Committee (PIAC), Mr Constantine K. M. Kudzedi, has warned that Ghana must act quickly to address the steady decline in crude oil production. He revealed that since 2020, crude oil production had been declining by an average of 9.2 per cent annually, largely due to technical and operational […]
