{"id":140880,"date":"2024-01-19T09:04:26","date_gmt":"2024-01-19T09:04:26","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/01\/19\/channel-adequate-petroleum-revenues-to-complete-earmarked-projects\/"},"modified":"2024-01-19T09:04:26","modified_gmt":"2024-01-19T09:04:26","slug":"channel-adequate-petroleum-revenues-to-complete-earmarked-projects","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/01\/19\/channel-adequate-petroleum-revenues-to-complete-earmarked-projects\/","title":{"rendered":"Channel adequate petroleum revenues to complete earmarked projects"},"content":{"rendered":"

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The Public Interest and Accountability Committee (PIAC) has urged the government to channel adequate petroleum revenues to complete earmarked projects.<\/p>\n

This follows the committee\u2019s inspection of some projects funded with petroleum revenues in the Greater Accra and Central Regions, in line with its mandate of conducting an independent assessment of the management and use of petroleum revenues to ensure maximum impact.<\/p>\n

PIAC, in a statement issued on Thursday, said, \u201cAcross all the projects visited, the issue of delayed payments to contractors was noted. The release of funds for the projects to progress uninterruptedly was highlighted by the contractors at the various sites. PIAC believes that the co-mingling of petroleum revenues with other funds for projects that end up getting stalled for a long period does not reflect the prudent use of revenues for impact.\u201d<\/p>\n

\u201cThe Committee, therefore, urges the government to consider channelling adequate petroleum revenues to complete earmarked projects going forward.\u201d<\/p>\n

PIAC said the projects inspected in the Greater Accra Region were the rehabilitation of selected roads in Teshie Camp, Southern Command, and Mats (now Ghana Military Academy), the Construction of Teshie Link, and the Construction of a Flyover over the Tema Motorway from the Flowerpot roundabout.<\/p>\n

\u201cThese three (3) projects, located in the Ledzokuku Municipality, are at different stages of progress and received funds from the ABFA between 2019 and 2022,\u201d it added.<\/p>\n

As part of its itinerary for the day, it said its team inspected the rehabilitation of selected roads in Teshie Camp, Southern Command, and Mats.<\/p>\n

\u201cThe Team toured the rehabilitated roads, a car park, and a parade ground within the Southern Command in Teshie. Information available to PIAC showed that the contract for this project was awarded on 13th July 2020 and was supposed to have been completed within 24 months. At the time of PIAC\u2019s visit, the project was 24% physically complete. Out of the total contract sum of GH\u00a2145,821,272.91, petroleum revenue of GH\u00a27,394,185.51, representing 5.07 per cent, was disbursed to the project in 2022.\u201d<\/p>\n

\u201cThe second project inspected by the team was the construction of the 7.5-kilometre Teshie Link. It involved the construction of a new road and drainage structures, with earthworks and asphaltic concrete surfacing. Awarded on 18th October 2019, the project had an original contract duration of 18 months. Out of the original contract sum of GH\u00a287,883,590, petroleum revenue of GH\u00a229,738,282.92, representing 33.84 per cent, was disbursed to the project from 2019 to 2021,\u201d PIAC noted.<\/p>\n

It said its team was informed that the Teshie Link Road is a dual carriageway that commences in the South on the Accra-Tema coastal road, through the LEKMA Hospital, and terminates on the Spintex Road.<\/p>\n

\u201cAt the time of PIAC\u2019s visit, 95% of all drainage works had been completed, and asphaltic binder and wearing course laid on the road. The team was informed that the contractor had suspended work due to non-payment of funds. Outstanding works include the installation of traffic signals and road markings to show a controlled intersection. The absence of these had resulted in several vehicle crashes in the area,\u201d it added.<\/p>\n

PIAC said the third project was the construction of a flyover over the Tema Motorway, from the Flowerpot roundabout.<\/p>\n

\u201cOut of the revised contract sum of GH\u00a2284,665,639.27, a total of GH\u00a2141,093,766.84 representing 49.56 per cent, was disbursed from the ABFA in 2022. The project is located at the Flowerpot Roundabout, Spintex, and East Legon, and involves creating access from the Motorway to the Boundary Road roundabout and an exit into Cantonments from the Giffard Road Interchange. It consists of one mainline bridge, two ramp bridges, four auxiliary roads, and ancillary works. At the time of PIAC\u2019s visit, the project had made physical progress of 70%,\u201d it added.<\/p>\n

PIAC said in the Central Region, the Team, led by Nana Kweku Dei, a member representing the Ghana Journalists Association (GJA), inspected the Anomabo Fisheries College, a 90-bed Hostel Block at Saltpond, and an irrigation infrastructure at Mprumem.<\/p>\n

\u201cAccompanied by officials of the Mfantseman Municipal Assembly, the team inspected the Anomabo Fisheries College Project, which had received an amount of GH\u00a29,507,111.52 from the ABFA from 2012 to 2022. The project comprises an 18-Unit Classroom Block, Hostel facility, Administration Block, and a Laboratory. Since the Committee\u2019s last visit to the project in 2020, the construction of a teachers\u2019 bungalow has started, and a road contract has been awarded.\u201d<\/p>\n

\u201cThe 4.6km road project, which starts within the campus and ends at the main Accra-Cape Coast highway, is currently at Phase 1 (Sub-base). The road contract, originally valued at GH\u00a28 million has been through three (3) variation orders and is currently valued at approximately GH\u00a227 million, primarily due to payment delays,\u201d PIAC underscored.<\/p>\n

It indicated that the Committee also noted that the hostel facility and the 18-unit classroom block had not been fitted with beds and study desks, respectively. Also, the laboratory, classroom block, and hostel facilities had developed structural defects at the time of its inspection.<\/p>\n

\u201cIn line with the Committee\u2019s policy of visiting projects that have received funding from the ABFA and have been completed, the team inspected a 90-bed Hostel Block for the Ghana Education Service Development Institute (GESDI) at Saltpond. The project had received an amount of GH\u00a21,456,960.92 from the ABFA in 2015. GESDI is a Ghana Education Service (GES) Centre for capacity building in education-related programmes and seminars. The project was commissioned in 2020 with a 90-bed capacity hostel block, four (4) washrooms, two conference halls and a 100-person capacity cafeteria. The Committee was satisfied with the overall quality of the project,\u201d it stated.<\/p>\n

Accompanied by the Central Regional Manager of the Ghana Irrigation Development Authority (GIDA), PIAC said the team inspected a third project, which was the development of an irrigation infrastructure at Mprumem.<\/p>\n

\u201cThe project received GH\u00a245,078,889.89 from the ABFA from 2017 to 2020. The irrigation project, which was started in 2015, overlaps the Gomoa Central and Gomoa West Districts. It comprises a reservoir area; which stores water from River Bushen for irrigation, and the developed area; which has 70 hectares of irrigable land. At the time of PIAC\u2019s visit, the project (now known as the Mprumem Irrigation Scheme) had been completed and was in use by farmers in the vicinity for vegetable farming,\u201d it said.<\/p>\n

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The Public Interest and Accountability Committee (PIAC) has urged the government to channel adequate petroleum revenues to complete earmarked projects. This follows the committee\u2019s inspection of some projects funded with petroleum revenues in the Greater Accra and Central Regions, in line with its mandate of conducting an independent assessment of the management and use of […]<\/p>\n","protected":false},"author":1,"featured_media":140881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-140880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nChannel adequate petroleum revenues to complete earmarked projects - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/01\/19\/channel-adequate-petroleum-revenues-to-complete-earmarked-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Channel adequate petroleum revenues to complete earmarked projects - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Public Interest and Accountability Committee (PIAC) has urged the government to channel adequate petroleum revenues to complete earmarked projects. 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