The annual report of the Public Interest and Accountability Committee (PIAC) for 2025 has thrown a spotlight on Ghana’s oil and gas sector, with experts calling for improved transparency and accountability in the management of the country’s petroleum revenues.
“The projected petroleum receipts for 2026 are $985 million, up from $770 million in 2025, but we need to ensure that these funds are utilized effectively,” Mr Richard Ellimah, the PIAC Chairman said during a two-day workshop in Accra over the weekend.
The report further highlighted concerns about the Ministry of Finance’s compliance with appropriations and the Annual Budget Funding Amount (ABFA) allocation.
 It called for the development of a medium-term investment plan to improve the Tweneboa, Enyera and Ntomme (TEN) Oilfields, its performance and address the challenges facing the sector.
As a result, the report and experts urged the Ministry of Finance to comply with appropriations and apply the Ghana Stabilization
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