Ghanaian government faces potential $3m loss by 2023 due to unpaid Surface Rentals by IOCs.

Ghanaian government faces up to $3 million loss by 2023 due to unpaid Surface Rentals by International Oil Companies (IOCs). Surface Rentals are a key revenue source. PIAC member, Richard Ellimah, suggests enforcing stricter measures for payment, integrating it into companies' social commitments, and increasing Ghana Revenue Authority's efforts to recover outstanding rentals.

August 19, 2024
3 Articles