RJMEC report on the status of implementation of the revitalised agreement on the resolution of the conflict in the Republic of South Sudan for the period 1st October to 31st December 2020
Format
Executive Summary
This Report on the status of implementation of the activities of the Revitalised Agreement on the Resolution of the Conflict in the Republic of South Sudan (R-ARCSS) is prepared pursuant to Chapter VII, Article 7.9 of the R-ARCSS and covers the period 1st October to 31 st December 2020. With almost a year into the Transitional Period completed, the Report highlights the decided lack of progress on the Pre-Transitional activities carried over after the initial formation of the Revitalised Transitional Government of National Unity (RTGoNU) on 22 February 2020, as well as failure to undertake tasks scheduled during the Transitional Period.
PIAC said the government has earned US$6.2bn since production began in the first half of 2020. Nine percent of the total revenue has been saved for the next generation, in line with the Petroleum Revenue Management Act (PRMA). In the first half of 2020, the government received US$322 million from petroleum revenue. Out of the amount, US$80m was given to the Ghana National Petroleum Corporation (GNPC) and US$169m went to the Annual Budget Funding Amount (ABFA), PIAC said in its 2020 semi-annual report. According to the report, the total petroleum receipt of US$322 million was paid into the Petroleum Holding Fund (PHF) compared with US$363 million in the same period of 2019, representing an 11.32 percent decline.
Petroleum Holding Fund receives $261m in 2nd half of 2020
FPSO Kwame Nkrumah Listen to article
The Petroleum Holding Fund (PHF) received a total amount of US$261.00 million from proceeds in the second half of 2020 compared to receipts of US$235.28 million in the first half of 2020.
During the second half of the year, the Ghana Group (GNPC lifting on behalf of the Government of Ghana) lifted the 16th and 17th parcels of crude oil from the Tweneboa, Enyenra and Ntomme (TEN) field; 55th, 56th and 57th parcels from the Jubilee field; and the sixth parcel from the Sankofa Gye Nyame (SGN) field.
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The Dean of the Business School at the University of Cape Coast (UCC), Prof. John Gatsi, has said it is time for government to speed up efforts to increase the infrastructure to support the country’s gas production.
He said after some years of gas production, the country could not afford to re-inject large volumes of produced gas, hence the need to provide the infrastructure to effectively take custody and make use of the gas or to process for a variety derivative product, for value addition and for revenue generation.
Speaking in an interview on Wednesday, January 6, Prof. Gatsi noted that “it is tried knowledge that a country that goes into gas production needs to be ready with gas infrastructure processing plant.
Serwaa Manu: Trainee nurse wins 2020 Miss Health Ghana 2nd Dec 2020 | Source: Graphic Online
Priscilla Serwaa Manu
Priscilla Serwaa Manu, a nurse from the Mampong Nursing Training School has been crowned the 2020 Miss Health Ghana.
It was a tale of beauty and elegance at this year s grand finale held at the GNAT Hall, as Serwaa Manu saw off competition from nine other finalists to win herself a brand new 2017 Hyundai Accent as well as securing a one-year health ambassadorial deal.
Akambey Awontemi Isabella, a medical student at the University of Development Studies was the first runner-up for this year s competition while Gracia Helarie Fraikue, a student of the University of Health and Allied Sciences was adjudged the second runner-up.