adverts
Parliament Approves Full Oil and Mineral Revenue Allocation of GH¢13.8bn to Big Push Road Program
Parliament has approved the government’s proposal to allocate all oil revenues and mineral royalties toward the implementation of the ambitious Big Push Programme, a GH¢13.8 billion infrastructure initiative aimed at transforming road networks across Ghana by 2028.
The decision follows a formal request from the government seeking parliamentary approval for multi-year commitments to support the construction of selected road projects under the program.
According to a joint report by the Committees on Finance and Roads and Transport, the initiative had already been endorsed as part of the 2025 Budget Statement, and the latest approval paves the way for contractual commitments to commence.
adverts
“The Committee has carefully considered the Referral and is of the opinion that the request is in the right direction,” the report noted. It added that “granting the request would enable the government to enter into multi-year contracts to execute the road infrastructure projects under the program.”
The Big Push Programme is projected to be financed entirely through domestic resources, including proceeds from Ghana’s petroleum sector and mineral royalties—funds that would traditionally be distributed across several development priorities.
Under the approved framework, all such revenues over the implementation period will now be ring-fenced for strategic road infrastructure investments nationwide.
The Committee’s recommendation cited Section 33 of the Public Financial Management Act, 2016 (Act 921), as the legal basis for permitting multi-year spending on the selected projects.
The government says the Big Push will target urban road decongestion, inter-regional highway upgrades, rural feeder roads, and strategic bridges, aiming to ease transport costs, promote trade, and boost agricultural productivity.
Details of specific project locations and timelines are expected to be announced by the Ministry of Roads and Highways in the coming weeks.
Click the link Puretvonline.com | WhatsApp Channel to join the WhatsApp channel
GOT A STORY?
Contact/WhatsApp: +233243201960 or Email: manuelnkansah33@gmail.com
