Business News of Monday, 8 September 2025

Source: www.ghanaweb.com

PIAC flags incomplete and defective oil-funded projects in Ghana

PIAC members captured inspecting abandoned oil projects PIAC members captured inspecting abandoned oil projects

The Public Interest and Accountability Committee (PIAC) has inspected selected projects funded with petroleum revenues in the Eastern and Northern Regions of Ghana.

The exercise forms part of the Committee’s mandate under the Petroleum Revenue Management Act (PRMA), 2011 (Act 815), as amended, to independently monitor and evaluate the management and use of petroleum revenues.

The inspections were carried out simultaneously by two separate PIAC teams in the Eastern Region (Upper Manya Krobo and Asuogyaman Districts) and the Northern Region (Mion and Yendi Districts) from June 22 to 27, 2025. In each district, the Committee was accompanied by officials from the respective Assemblies.

In the Upper Manya Krobo District, PIAC inspected a rural market project that received GH¢169,516.27 from the ABFA in 2024. While the market sheds and warehouse had been completed, the mechanised borehole had not been constructed.

There were also visible leakages and signs of algae on the sheds. Despite these conditions, market activity was ongoing under the sheds, raising health and safety concerns.



The second project inspected was the Mensah-Dawa–Apimsu–Asesewa Feeder Road Project, which was allocated GH¢1,000,000.00 in 2024. At the time of the visit, only the concrete drains had been completed.

Road surfacing had not commenced, and the contractor was absent from the site. The team drove along the rough terrain to better understand the challenges faced by commuters.

In the Asuogyaman District, the team inspected the Kwanyako–Asuogyaman CHPS Compound, funded between 2020 and 2023 with a total of GH¢2,617,167.67. The project was completed and operational, with staff accommodation ready for use. PIAC commended the government for the quality and timely completion of the project.



The Akosombo–Adumasa–Gyakiti Road, supported with GH¢2,337,410.11 from the ABFA in 2024, was also inspected. Work was ongoing but had been intermittently stalled due to delayed payments and recent rainfall. During the visit, grading works were in progress, with the contractor on site.

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In the Yendi Municipality of the Northern Region, the Gamandze–Paansiya Link Road Project, funded from 2019 to 2023 with GH¢992,851.93 from the ABFA, was flagged for significant discrepancies. Although official records indicated that earthworks, gravel surfacing, and culverts had been completed, only earthworks were visible at the time of inspection.

The Yendi–Saboba Road, which received GH¢4,460,120.24 from 2022 to 2023, showed signs of severe deterioration, with deep potholes and cracks. Residents of Wambu reported that the contractor had not been on site since 2019.

In the Mion District, PIAC inspected two small dam projects in Nanvili and Sakoya, which had received GH¢626,725.44 from the ABFA in 2019. Both dams exhibited structural defects, including low embankments and poor excavation.

The Sakoya dam, vital for domestic use and irrigation during the dry season, was particularly affected by erosion and poor water retention.

PIAC expressed concern over the state of the projects inspected and stressed its determination to intensify efforts to keep the public informed about the use of petroleum revenues.

The Committee reaffirmed its commitment to promoting transparency and accountability in petroleum revenue management and pledged to continue reporting on the use and impact of these funds through statutory reports and public engagements.

SP/MA

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