Participants at a public meeting of the Public Interest and Accountability Committee (PIAC) at Koforidua has called for state funding of the activities of the committee.
They said they wondered why such an important body should be left to be funded by development partners of the country to the extent that even at the time of the meeting, the committee had been ejected from its office.
The participants also called for the publication of a strategic development plan of industries that could be established to utilize the by-products of the gas industry and how it could be integrated into the economy.
PIAC is a statutory body established by law to monitor the government’s compliance with the laws and regulations on the management of the state revenue from the petroleum export.
Membership is made up of representatives from the Ghana Bar Association, the Trade Union Congress, the Ghana Journalists Association, National House of Chiefs, the Queen Mothers Association of Ghana and Ghana Institute of Charted Accountants.
The others are Christian groups, Moslem groups, Association of Ghana Industries, Academy of Arts and Sciences and other institutions.
The committee is to produce two reports annually and to share their findings with the public and to advise the government to comply with the laws of the management of the petroleum revenue if it finds out that the government is going contrary to the laws.
The participants at the meeting also suggested that the projects that the petroleum fund is used to develop should be labelled so that Ghanaians would see what the petroleum revenue is being used for.
Major Ablor Quarcoo, Chairman of the Committee, said the committee had been publishing projects petroleum revenue is funding and urged Ghanaians to follow up and monitor progress of such projects.
Rt Rev. Michael Bossman, the Bishop of the Koforidua Diocese of the Methodist Church who chaired the function, advised the government to comply with the suggestions of the committee which is representing the people of Ghana.
Latest Stories
-
Shippers’ Authority blocks arbitrary fee hikes with new regulatory powers
2 hours -
Cedi to remain broadly stable in coming months; gained 30% against dollar since January 1
2 hours -
Mahama declares galamsey a national emergency, orders arrest of rogue taskforces
2 hours -
Ghana champions youth skills with national dialogue and launch of TVET Week 2025
2 hours -
Ghana’s inflation to remain on a downward trajectory in second-half 2025 – Fitch Solutions
3 hours -
‘Deal with galamsey, the situation is urgent’ – National House of Chiefs president to Mahama
3 hours -
AG directs EOCO to investigate NDC executives cited in galamsey allegations
3 hours -
Mahama pledges 70% world market cocoa price to farmers
4 hours -
EOCO teams up with Nigerian agency to rescue trafficking victims
4 hours -
State funeral to be held for Joseph Kobina Ade Coker on August 1
4 hours -
Mahama orders arrest of fake anti-galamsey taskforce extorting miners
5 hours -
Joseph Kobina Ade Shino Coker
5 hours -
Royal Sweet Limited signs up for JoySports Invitational Tournament 2025
6 hours -
Ghanaian movie industry wasting talent – Gloria Sarfo
6 hours -
Ho West MP secures 100 international scholarships for constituents
6 hours