PIAC seeks details of petroleum funds allocated to Big Push projects
The Public Interest and Accountability Committee (PIAC) released its 2026 semi-annual report on Ghana’s petroleum revenue management, noting that additional information on how the government uses petroleum revenues allocated to the national budget would strengthen its assessment of government expenditure.
The Public Interest and Accountability Committee (PIAC) has called for additional details regarding the allocation of petroleum funds to Big Push projects in Ghana. PIAC Chairman, Richard Ellimah, stated that the Committee lacks crucial information on the utilization of the Annual Budget Funding Amount (ABFA), which hinders its ability to fully evaluate government expenditure related to these projects.
The lack of data from the Ministry of Finance on how the ABFA is being utilized particularly concerns infrastructure projects, including the Accra-Kumasi Expressway, a key component of Ghana’s Big Push Agenda. Ellimah emphasized that receiving this information would be vital for monitoring expenditure on such initiatives and understanding the impact of the concentration of ABFA funds in these projects on PIAC's project inspections.
The committee has been waiting for this data for some time and is hopeful that the Ministry of Finance will provide it soon. Ellimah also pointed out the importance of adhering to the legal provisions of the Petroleum Revenue Management Act (PRMA), stressing that there has been no prosecution for non-compliance in the Committee's 15 years of operation.
He mentioned that engaging the Attorney-General for guidance on how to address compliance concerns could be necessary. PIAC's mandate is to promote transparency and accountability in petroleum revenue management, and the Committee relies on receiving proper information to fulfill this role effectively.
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