- PIAC has stated that GHC3million of Ghana’s oil revenue was spent on building the capacity of MUSIGA
- It further added that over 90% of the total oil revenue had been spent
- Ghana realised $6.523bn oil money
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The Public Interest and Accountability Committee (PIAC) says the government squandered GHC3million of Ghana’s oil revenue to organise capacity-building workshops for the Musicians Union of Ghana (MUSIGA).
The Committee’s Technical Manager, Mark Agyemang, further revealed that over 91% of the country’s total oil revenue had already been utilised.
Speaking in an interview monitored by YEN.com.gh on Starr FM’s Morning Starr, Agyemang said: “We did build the capacity of MUSIGA and it was GHC3million.”
He added: “The general capacity building like a subsidy for exams fee for students, provision of school uniforms, textbooks, provision of chalks were also capacity building just that some of the money found its way into areas that were not into the capacity building like MASLOC, MUSIGA, Exim Bank and all those areas, you’ll not see their core capacity-building initiative.”
“It’s important for Ghanaians to know that we’ve realised $6.523bn oil money and 91% of it has been utilised,” he stressed.
In other news on YEN.com.gh, the Hohoe Circuit Court has jailed a 31-year-old fuel station supervisor for stealing.
The court handed Yusif Abubakar 15 years jail term for stealing Ghs139, 118 belonging to his employer.
The former fuel station supervisor of the Hohoe branch of Star Oil Company, Abubakar told investigators that he used the money for sports betting, graphic.com.gh reported.
According to the outlet, the trial judge, Yaw Opoku Acheampong said during his sentencing that he would have handed Abubakar a 20-year jail term but for his show of remorse throughout the trial.
The convict’s lawyer was reportedly not in court when the sentencing was handed. The court further ordered Abubakar to pay back the money.
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