By Adnan Adams Mohammed Global venture capital firms, private equity managers, and institutional investors are turning their attention to West Africa following President John Dramani Mahama’s unveiling of a …
Public Interest and Accountability Committee (PIAC)
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Economy and FinanceMining & Energy
Ghana eyes US$985m oil windfall in 2026 amid 6-year production slump
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s petroleum sector is approaching a critical crossroads as new financial projections clash with a worrying downward trend in physical output. According to the latest data …
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Economy and FinanceNews
US$434m oil revenue injected into ‘Big Push’ road projects …as Engineering Council demands independent audit
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Public Interest and Accountability Committee (PIAC) has disclosed that approximately $434 million in oil revenue has been allocated to the government’s ambitious “Big Push” infrastructure …
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Mining & EnergyNews
Ghana’s oil exports drop by over US$1bn in the first 10 months of 2025
by Adnan Adamsby Adnan AdamsFresh data from the Bank of Ghana, tracked by JoyNews Research, show a sharp deterioration in Ghana’s oil export earnings in 2025. By the end of October, oil exports stood …
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Features
14 Years of PIAC: A legacy of transparency and accountability in petroleum revenue management
by Adnan Adamsby Adnan AdamsBy Isaac Dwamena, Esq. & Jessica Acheampong In September 2011, the Public Interest and Accountability Committee (PIAC) was established as an additional oversight body through the Petroleum Revenue Management Act …
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyReal EstateTechnology
Oil funds for ‘Big Push’ will be efficiently used, Mahama tells PIAC
by Adnan Adamsby Adnan AdamsPresident John Dramani Mahama has assured members of the Public Interest and Accountability Committee (PIAC) that oil revenues earmarked for his proposed $10 billion “Big Push” infrastructure initiative …
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Economy and Finance
Industry experts express confidence in Lawyer Nasir’s appointment as Petroleum Commission dep. CEO
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Industry experts have expressed confidence in the appointment of Lawyer Nasir Alfa Mohammed as the Deputy Chief Executive Officer (CEO) of the Petroleum Commission (Acting) by President …
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Agric and EnvironmentEconomy and FinanceMining & EnergyNewsTravel
PIAC alarmed with gov’t indebtedness to GNPC
by Adnan Adamsby Adnan AdamsA Public Interest and Accountability Committee (PIAC) report indicates that as of the end of 2022, the government owed GNPC a staggering $1.14 billion.
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Economy and FinanceLifestyleMining & EnergyNews
PIAC told to intensify advocacy for review of PAs to support oil production
by Adnan Adamsby Adnan AdamsIbrahim Awall The Public Interest Accountability Committee (PIAC) has been urged to take the lead in advocating the revision of existing petroleum agreements, aiming to increase …
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Economy and FinanceMining & EnergyNewsTravel
Ghana receives US$1.43bn in oil revenue; highest since oil production began – PIAC report
by Adnan Adamsby Adnan AdamsThe total petroleum revenue in 2022 is the “highest” for a single year since the inception of petroleum production in Ghana, with a figure of US$1.43 billion, the 2022 annual …