The Public Interest and Accountability Committee, PIAC, has entreated the Government to speed up the sustainable development of petroleum resources to reverse the decline in the production of petroleum products.
The Vice Chairman of PIAC, Nasir Alpha Mohammed, said the Government should put in place the necessary measures to attract new investors into the sector and ensure the early completion of ongoing projects.
He said petroleum production in Ghana has been on the decline over the past few years, hence the need for massive investment to discover additional oilfields.
Mr. Mohammed said this at a forum organised by PIAC in Wa for stakeholders in the Upper West Region to make inputs into the management and utilisation of petroleum revenues in the country.
Heads of Department and Agencies, the security services, representatives of political parties, district chief executives, civil society organisations, traditional leaders, among others, participated.