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The Public Interest and Accountability Committee (PIAC), a body responsible for ensuring transparency and accountability of Ghana's petroleum revenues, has raised red flags over the application of the revenue by successive governments. The Committee said, for instance, that successive governments used the petroleum revenues to tackle too many national problems…
Concerns include fiscal liabilities to the county and state, and that there are currently only one supervisor and one employee to conduct inspections
The 2019 Ghana Petroleum Industry Report has revealed that the various units of the Ghana Revenue Authority GRA coordinate their activities or share information on a routine basis. The GRA has integrated the four revenue institutions namely the Customs, Excise and Preventive Service (CEPS), the Internal Revenue Service (IRS), the Value Added Tax Service (VATS) and the Revenue Agencies Governing Board (RAGB) The 2019 Ghana Petroleum Industry Report explained that the main reaso