PIAC Fails to Verify GH¢21 Million in Petroleum-Funded Projects in Ayawaso West
The Public Interest and Accountability Committee (PIAC) could not verify four petroleum revenue-funded projects worth GH¢21 million in Ayawaso West Municipality due to insufficient information.
In Brief
- •The Public Interest and Accountability Committee (PIAC) could not verify four petroleum revenue-funded projects worth GH¢21 million in Ayawaso West Municipality due to insufficient information.
- •The projects included road surfacing, a U-drain construction, and a Community-based Health Planning and Services (CHPS) compound, among others.
- •PIAC requested additional information from the Ministry of Roads and Highways but did not receive a response before the inspection.
- •The inspection team identified three road projects and one CHPS compound, but four projects remained unverified.
- •The Municipal Coordinating Director of Ayawaso West Municipal Assembly called for better information-sharing on centrally implemented projects.
Why It Matters
The inability to verify these projects raises questions about the transparency and accountability of petroleum revenue management in Ghana. It highlights the need for improved monitoring and reporting mechanisms to ensure that funds allocated for public projects are used effectively and efficiently. This incident also underscores the importance of clear communication and information-sharing between government agencies and oversight committees to promote accountability and trust in public spending.
Key Details
- Total Unverified Projects Value
- GH¢21 million
- Number of Unverified Projects
- 4
- Verified Projects Value
- GH¢1,127,598.73
- Number of Verified Projects
- 4
- Implementing Agencies
- Ministry of Roads and Highways, Ministry of Special Initiatives, Ministry of Health, Ministry of Water Resources, Works and Housing
Context & Background
The Public Interest and Accountability Committee (PIAC) was established to promote transparency and accountability in the management of petroleum revenues in Ghana. The committee's mandate includes collecting data from stakeholder institutions and conducting physical visits to projects funded with petroleum revenues to assess value for money.
Original Reporting & Sources
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