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Time to address petroleum revenue management challenges - PIAC


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The Public Interest and Accountability Committee (PIAC) has said that 10 years is ripe for the country to do an introspection of how it has managed revenues from its oil resource.
Although PIAC has over the years raised critical issues relating to the management and use of petroleum revenues, it said was time to highlight all the issues in a single document to ensure that they were given urgent attention and commitment for redress.
Subsequently, an issue paper released by the committee catalogues a number of issues that need urgent attention in the petroleum revenue management space.
In an interview on May 6, 2021, the Technical Manager of PIAC, Mr Mark Agyeman, explained the paper sought to draw the attention of the appropriate authorities to deal with the issues. ....

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