Parliament approves the utilization of oil and mineral revenues for ‘Big Push’ initiatives.

Parliament has approved the government’s allocation of the entirety of Ghana’s oil revenues and mineral royalties towards implementing the ambitious “Big Push” programme.

The flagship infrastructure initiative is expected to cost GH¢13.8 billion; this multi-year programme, which will run until 2028, will be financed domestically and will prioritize the expansion and enhancement of road infrastructure across the country.

The government’s strategic drive to modernize transport systems and stimulate economic growth through improved connectivity is furthered by this development.

A formal government request for long-term financing arrangements for selected projects under the initiative prompted this parliamentary approval.

According to the joint report of the Finance and Roads Committees, the move is consistent with the policy direction endorsed in the 2025 Budget Statement.

“The committee has thoroughly examined the referral and believes the request is in line with established policy,” the report noted.

It further stated, “Parliament had already approved the policy and the allocation to the ‘Big Push’ Programme in the 2025 Budget Statement.” Granting this request will allow the government to enter into multi-year contracts to deliver key road infrastructure projects under the Programme.

The approval conforms to Section 33 of the Public Financial Management Act, 2016, (Act 921).