Without Oil Money Free SHS Will Be A Problem - Chairman Of PIAC Prof Kwame Adom Frimpong Warns

The Chairman of the Public Interest and Accountability Committee (PIAC) Professor Kwame Adom Frimpong has said the government's flagship program Free SHS could not be sustained after 20 years if the government fails to find alternative means of funding the program.

Without Oil Money Free SHS Will Be A Problem - Chairman Of PIAC Prof Kwame Adom Frimpong Warns

The Chairman of the Public Interest and Accountability Committee (PIAC) Professor Kwame Adom Frimpong has said the government's flagship program Free SHS could not be sustained after 20 years if the government fails to find alternative means of funding the program.

Speaking to Fox FM's Isaac Nsiah Foster after a public forum on 10 years of the management and use of petroleum revenues program for people within the middle belt regions held in Kumasi.

According to Prof. Kwame Adom Frimpong, the oil money is about 10 percent of total income for Ghana, and the past 10 years Ghana has hit 6.55 billion dollars, as oil income which out this amount, 21 percent was distributed to the government for the funding of the flagship Free SHS program, as per the law establish thus he disclosed without the oil money the Free SHS program will verily collapse.
The Chairman of the Public Interest and Accountability Committee (PIAC), Prof Kwame Adom Frimpong further disclosed their mandate is to create a platform forum for public debate to discuss how efficient and effective how the oil money is being spent.

He said Committee's meeting with the people goes with the 2nd mandate which allowed the people to give suggestions asked questions about how the petroleum funds are being utilized.

According to him, many people are complaining Ghana has Petro and GAS, but they don't know what they are using the money for.

Explaining how the oil money is using Prof Kwame Adom Frimpong said according to the current law they have 12 priority areas which they chose 4 and these 4 are areas that government draw much attention and make sure that he for fill all the promises on the 4,  which also doesn't mean he that he won't look at the others rather more attention is paid to the 4 areas.

The 4 areas include Education, Health, Agriculture, and Roads.

"So as for the choice of development I could say is mandate or discretion of the government we only advice" Prof. Adom Frimpong stated.

Prof. Adom Frimpong hinted governments have manifestos to for fill that's why people vote for them, he added although it is a good policy the government has brought using oil money to fund the Free SHS, today you can manage it what about tomorrow if certain things come, unforeseen contingency set in and there's no money coming from the oil how are we going to fund the Free SHS the quizzes.

"So all that we are saying is good policy but he should have alternative or additional sources, in case one is not good, we shouldn't put all our eggs in one basket so in case one goes down one can support" he warned.

Professor Adom Frimpong further hinted that things are good as the oil money coming we don't think of barred the program.

Drawing the government's attention to future possibilities, Prof Kwame Adom Frimpong advises the government to continue with the flagship Free SHS program but look for additional sources of funding to the current one so that in case of issue we can rely on that one too.

He cited the COVID-19 pandemic as a test case for the sustainability of the Free SHS program which he disclosed that in 2019 we generated 925 billion dollars as income and 638 billion dollars for 2020, a huge reduction of 44 percent that actually affected the government a lot.

He explained that people were not buying fuel as many cars were parked due to the COVID-19 restrictions it actually affected the sales of the oil countries.