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ACEP Launches ‘OUR OILMONEY TV’

By Abubakari Seidu Ajarfor
Headlines ACEP Launches OUR OILMONEY TV
APR 12, 2016 LISTEN

The Africa Centre for Energy Policy [ACEP] has proactively introduced an online Television [TV] platform that provides both visuals and sound on projects that are mostly financed with oil revenues.

The Programs Manager of ACEP, Seji Saji, said, ‘Our OilMoney TV’ is one of the tools that they [ACEP] have designed to track the utilization of natural resources and revenues on government projects in the country.

Dr. Ishmael Ackah, Policy Analyst, ACEP, noted that ‘Our OilMoney TV' highlights on projects in Ghana that are funded by oil revenues.

He added that the goal is to educate the Ghanaian masses on how revenue from Ghana’s oil field is spent and distributed across all sectors of the economy.

According to him, the relevance of this new online TV platform complements the Financial Administration Act 2013 [Act 564] that seeks to enhance financial transparency and accountability of oil resources.

Dr. Ishmael indicated that the essence of this platform is to promote good governance by providing data and evidence on projects being funded by oil monies and are achieving little or no results.

He stated that ‘Our OilMoney TV’ is a step further to give Ghanaians a narrative of what pertains in the industry in a manner that people can analyze and make their own judgments.

Francis Agbere, OXFAM, noted that the debate on transparency without accountability in this country and particularly in the oil and gas sector has become a worry and issue that needs to be tackled.

According to him, it is for this reason that OXFAM has partnered with ACEP to design this new platform [Our OilMoney TV] to track and demand accountability on projects that are funded by oil revenues in the country.

Owusu Sekyere Jnr K. , the Communications Director, ACEP, indicated that the new online TV platform gives value for money analysis on projects funded by oil revenues in of videos, pictures and sound format.

He noted that ‘Our OilMoney TV’ has documentaries and video interviews of sector ministers, government agencies, the independent contractors as well as those in the affected communities to give accounts of the situation.

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