Close Menu
News Guide Africa
    What's Hot

    GCB Bank joins strategic initiative to overhaul Africa’s cross-border payment architecture

    June 4, 2026

    Wild Bounty Showdown Slot: The Most Exciting Release of 2022 and Beyond

    June 4, 2026

    ECOWAS, partners launch ambitious roadmap for West African rice self-sufficiency by 2035

    June 4, 2026
    Facebook X (Twitter) Instagram
    Trending
    • GCB Bank joins strategic initiative to overhaul Africa’s cross-border payment architecture
    • Wild Bounty Showdown Slot: The Most Exciting Release of 2022 and Beyond
    • ECOWAS, partners launch ambitious roadmap for West African rice self-sufficiency by 2035
    • Xenophobic: Over 700 more Ghanaians to be repatriated amid 10-year ban, and political infighting
    • Black Stars show promise and flaws as Queiroz’s World Cup tactical plan takes shape
    • Casinos en ligne les plus rentables : ce qu’il faut savoir
    • Zahraniční kasina: platební metody, rychlé výběry a spolehlivé vklady
    • Crypto Casino Sites Guide for Canadian Players
    Facebook X (Twitter) Instagram
    News Guide Africa
    • Home
    • News
    • Politics
    • Agric and Environment
    • Sports
    • Mining & Energy
    • Lifestyle
    News Guide Africa
    Home » US$434m oil revenue injected into ‘Big Push’ road projects …as Engineering Council demands independent audit
    Economy and Finance

    US$434m oil revenue injected into ‘Big Push’ road projects …as Engineering Council demands independent audit

    Adnan AdamsBy Adnan AdamsApril 9, 2026No Comments8 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By 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 programme.

    However, the spending is facing intense scrutiny as the Ghana Institution of Engineering (GhIE) calls for an immediate independent audit of the GH¢110 billion initiative.

    Oil Revenue Fueling Infrastructure

    In its latest report on the management and use of petroleum revenues, PIAC revealed that the “Big Push” a massive infrastructure development agenda aimed at debottlenecking Ghana’s road networks has become a primary beneficiary of the Annual Budget Funding Amount (ABFA).

    According to PIAC, the $434 million allocation represents a significant portion of the oil funds earmarked for capital investment. The committee noted that while the infrastructure development is necessary for economic growth, the concentration of funds into these specific projects requires heightened transparency to ensure value for money.

    Engineers Raise Red Flags

    The revelation of the funding scale has triggered a sharp reaction from the Ghana Institution of Engineering (GhIE). The professional body is demanding a comprehensive, independent technical and financial audit of the GH¢110 billion road programme.

    The GhIE expressed concerns over the selection process for projects, the cost-per-kilometer of the roads being constructed, and the overall quality of the work delivered so far.

    “We need to ensure that the Ghanaian taxpayer and our natural resources are being utilized efficiently,” a spokesperson for the GhIE stated. “An independent audit will provide the technical assurance that the designs are robust and that the costs allocated align with international engineering standards.”

    Calls for Accountability

    The convergence of PIAC’s financial reporting and GhIE’s technical concerns has sparked a broader debate regarding the governance of “Year of Roads” projects. Civil society organizations have joined the call, urging the Ministry of Roads and Highways to publish a detailed breakdown of the “Big Push” expenditures.

    PIAC has consistently cautioned against the “thin spreading” of oil revenues, but the “Big Push” represents a departure from that trend, focusing massive capital on specific corridors. The committee reiterated that while the scale of the investment is impressive, the impact must be felt in the lifespan and quality of the roads produced.

    Government Response

    While the Ministry of Roads and Highways has previously defended the “Big Push” as a transformative strategy to modernize Ghana’s transit system, it has yet to formally respond to the GhIE’s demand for an independent audit.

    As the 2024 election cycle approaches, the performance of the road sector remains a high-stakes issue for the government, with the “Big Push” serving as a centerpiece of its development narrative.

    For now, the focus remains on whether the government will open its books and construction sites to third-party evaluators to satisfy the growing demands for accountability in the use of Ghana’s “black gold.”

     

     

    BIG PUSH Ghana Institution of Engineering (GhIE) Public Interest and Accountability Committee (PIAC)
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Adnan Adams
    • Website

    Related Posts

    GCB Bank joins strategic initiative to overhaul Africa’s cross-border payment architecture

    June 4, 2026

    ECOWAS, partners launch ambitious roadmap for West African rice self-sufficiency by 2035

    June 4, 2026

    Xenophobic: Over 700 more Ghanaians to be repatriated amid 10-year ban, and political infighting

    June 4, 2026
    Leave A Reply Cancel Reply

    Top Posts

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,869

    Alpha Energy to begin works on Namibia’s largest offshore diamond mines in October

    September 14, 2024881

    Exceptional client service: How two Kasoa GRA officials are redefining public relations

    May 22, 2026754

    Prof. Yarhands Urges Mahama to Adopt Constituency-Based Presidential Staffing

    January 23, 2025744
    Don't Miss
    Business, Small Business

    GCB Bank joins strategic initiative to overhaul Africa’s cross-border payment architecture

    By Adnan AdamsJune 4, 2026

    In a major move toward deepening regional trade integration and reducing dependency on third-party foreign…

    Wild Bounty Showdown Slot: The Most Exciting Release of 2022 and Beyond

    June 4, 2026

    ECOWAS, partners launch ambitious roadmap for West African rice self-sufficiency by 2035

    June 4, 2026

    Xenophobic: Over 700 more Ghanaians to be repatriated amid 10-year ban, and political infighting

    June 4, 2026
    About Us
    About Us

    Newsguide Africa is a digital news platform dedicated to providing accurate, timely, and insightful coverage of the African continent. From business and technology to lifestyle and cultural heritage, we go beyond the headlines to offer context and a positive, authentic narrative for the global African diaspora and local readers alike.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    GCB Bank joins strategic initiative to overhaul Africa’s cross-border payment architecture

    June 4, 2026

    Wild Bounty Showdown Slot: The Most Exciting Release of 2022 and Beyond

    June 4, 2026

    ECOWAS, partners launch ambitious roadmap for West African rice self-sufficiency by 2035

    June 4, 2026
    Most Popular

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,869

    Alpha Energy to begin works on Namibia’s largest offshore diamond mines in October

    September 14, 2024881

    Exceptional client service: How two Kasoa GRA officials are redefining public relations

    May 22, 2026754

    © 2026 Newsguide Africa. All rights reserved.

    • Home
    • Science

    Type above and press Enter to search. Press Esc to cancel.