PIAC wants a timely assessment of Ghana’s management and use of petroleum revenues to identify areas of strength and weakness to strategise for the future
PIAC has expressed worry over the manner in which oil revenue is used to pay judgement debt awarded against the state.
PIAC has advised the GNPC to desist from granting loans and guarantees until recoveries are made with reference to outstanding loans.
Last year, PHF received a total of US$664.9million as petroleum receipts realised from oil liftings among other revenues during the period