Close Menu
News Guide Africa
    What's Hot

    Mining cost surge pushes factory inflation to 5.8% …as industry demand shift to local cement raw materials

    June 24, 2026

    Presidential Committee’s findings contradict Fourth Estate claims on NLA-KGL deal – former NLA Official

    June 24, 2026

    Protect the Soul of the NDC: Totobi Quakyi warns against ‘Political Mercenaries’ and elite self-interest

    June 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Mining cost surge pushes factory inflation to 5.8% …as industry demand shift to local cement raw materials
    • Presidential Committee’s findings contradict Fourth Estate claims on NLA-KGL deal – former NLA Official
    • Protect the Soul of the NDC: Totobi Quakyi warns against ‘Political Mercenaries’ and elite self-interest
    • ECOWAS court dismisses former Chief Justice Torkonoo’s $10M suit, upholds Ghana’s actions
    • AfDB and GhIB sign historic accord to battle Africa’s $120bn trade finance crisis
    • Analysts clash over Ghana’s 2026 growth trajectory …as Fitch warns of geopolitical headwinds but Standard Bank sees expansion
    • Relief at the Pumps: Fuel prices see sharpest drop in months …as easing global conflicts open policy space for Central Bank
    • English Play Here – Complete Canadian Casino Guide
    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

    Mining cost surge pushes factory inflation to 5.8% …as industry demand shift to local cement raw materials

    June 24, 2026

    Presidential Committee’s findings contradict Fourth Estate claims on NLA-KGL deal – former NLA Official

    June 24, 2026

    Protect the Soul of the NDC: Totobi Quakyi warns against ‘Political Mercenaries’ and elite self-interest

    June 24, 2026
    Leave A Reply Cancel Reply

    Top Posts

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,871

    Chief of Staff charges National Prayer Committee to innovate for national cohesion

    June 4, 2026890

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

    September 14, 2024886

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

    May 22, 2026766
    Don't Miss
    Business, Small Business

    Mining cost surge pushes factory inflation to 5.8% …as industry demand shift to local cement raw materials

    By Adnan AdamsJune 24, 2026

    By Adnan Adams Mohammed  Ghana’s industrial sector is facing an intense dual squeeze of escalating…

    Presidential Committee’s findings contradict Fourth Estate claims on NLA-KGL deal – former NLA Official

    June 24, 2026

    Protect the Soul of the NDC: Totobi Quakyi warns against ‘Political Mercenaries’ and elite self-interest

    June 24, 2026

    ECOWAS court dismisses former Chief Justice Torkonoo’s $10M suit, upholds Ghana’s actions

    June 24, 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

    Mining cost surge pushes factory inflation to 5.8% …as industry demand shift to local cement raw materials

    June 24, 2026

    Presidential Committee’s findings contradict Fourth Estate claims on NLA-KGL deal – former NLA Official

    June 24, 2026

    Protect the Soul of the NDC: Totobi Quakyi warns against ‘Political Mercenaries’ and elite self-interest

    June 24, 2026
    Most Popular

    BREAKING: Another helicopter crashes in Kenya, Several Feared Dead

    August 7, 20251,871

    Chief of Staff charges National Prayer Committee to innovate for national cohesion

    June 4, 2026890

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

    September 14, 2024886

    © 2026 Newsguide Africa. All rights reserved.

    • Home
    • Science

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