New members sworn in as PIAC renews push for transparency in oil revenue management

By Kizito CUDJOE

The Public Interest and Accountability Committee (PIAC), the country’s independent petroleum revenue watchdog, has sworn in five new members to replace outgoing representatives whose tenure on the Committee has ended.

The new appointees include Mr. Zamboanga Rufai Saminu of the Ghana Journalists Association (GJA); Ms. Veronica Adigbo of the Ghana Bar Association (GBA); and Nana Soglo Alloh IV, representing the National House of Chiefs.

Meanwhile the mandates of Mr. Christopher Opoku Nyarko of the Ghana Extractive Industries Transparency Initiative (GHEITI) and Ms. Sena Dake of the Institute of Chartered Accountants, Ghana (ICAG) were renominated by their constituent bodies to continue representing them on the Committee.

They were sworn in by Mr. Samuel Arkhurst, Coordinating Director for Technical Services at the Ministry of Finance, during a brief ceremony in Accra.

Established under the Petroleum Revenue Management Act (PRMA), 2011 (Act 815), PIAC provides citizens with independent oversight of how petroleum revenues are collected, disbursed, and used. It also ensures that petroleum wealth contributes to sustainable development and equitable growth.

Over the years, PIAC has been instrumental in spotlighting issues such as delayed disbursement of oil funds, underutilisation of the Ghana Infrastructure Investment Fund (GIIF), and lapses in annual spending reports.

The Committee’s work has informed policy reforms and strengthened public debate around the governance of Ghana’s natural resources.

The newly sworn-in and renominated members are expected to sustain PIAC’s mission of promoting transparency, accountability, and prudent management of petroleum revenues to benefit current and future generations.

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