Accra: Ghana’s petroleum revenues for 2024 rose by 27.8 per cent to US$1,357,793,869.40 from US$1,062,323,419.12 in 2023. The increase, driven by higher global oil prices, marks the second-highest annual petroleum receipts, with 2022 remaining the highest at US$1.42 billion. According to Ghana News Agency, despite increased petroleum revenues, Ghana’s oil production continues to decline, falling […]
Month: May 2025
Chief Justice’s Suspension: TUC Urges President to Hasten Cautiously
Accra: The Ghana Trades Union Congress (TUC) has expressed concern about the suspension of Chief Justice Gertrude Torkornoo, following three petitions calling for her removal from office. Mr. Joshua Ansah, TUC Secretary-General, urged President John Dramani Mahama to hasten slowly and cautiously on the matter. According to Ghana News Agency, Mr. Ansah, speaking at the […]
No Petroleum Revenue Allocated to Industrialisation in 2024: PIAC
Accra: The government did not allocate petroleum revenue to industrialisation in 2024, despite identifying it as a priority, the Public Interest Accountability Committee (PIAC) has observed. According to Ghana News Agency, the committee noted that allocations to the Industrialisation Priority Area have been declining and consistently receiving the least Annual Budget Funding Amount (ABFA) since […]
CLOGSAG Challenges Presidential Authority on Public Institution Appointments
Accra: The Civil and Local Government Staff Association, Ghana (CLOGSAG), has raised questions about the legality of terminating or transferring heads of public institutions when a new President takes office. The Association’s review of the Presidential Transition Act 2012 (Act 845) revealed no provision granting the President the authority to terminate or transfer public officers, […]
Government Pledges to Enhance Working Conditions and Job Creation
Hohoe: Mr. James Gunu, the Volta Regional Minister, has announced the government’s commitment to strengthening dialogue with stakeholders to ensure that job creation, wage adjustments, and improved working conditions are realized. He emphasized that these objectives should become tangible realities, not just aspirations. According to Ghana News Agency, Mr. Gunu, speaking at the Volta and […]