The National Petroleum Authority (NPA) recorded a strong financial performance in 2025, with total revenue increasing by 43.09% from GHS572.71 million in 2024 to GHS819.50 million, according to the 2025 State Ownership Report by State Interests and Governance Authority (SIGA).
The growth was driven largely by Internally Generated Funds (IGF), which rose by 38.40% from GHS431 million in 2024 to GHS596.50 million in 2025.
Finance income recorded the strongest growth among the Authority’s revenue streams, surging by 332.11% from GHS17.35 million to GHS74.99 million, attributed to improved returns on investments and treasury management activities.
Other income also increased by 19.22%, from GHS127.29 million in 2024 to GHS151.76 million in 2025.
On the expenditure side, administrative expenses rose by 17.61% from GHS301.73 million to GHS354.86 million, reflecting the expanded scope of the NPA’s regulatory, administrative and institutional operations.
Operating expenses increased by a more modest 4.15%, from GHS16.30 million to GHS17.32 million, while finance costs rose from GHS0.11 million to GHS0.13 million, representing a 22.25% increase.
Despite the rise in expenditure, the stronger growth in revenue resulted in a surplus of GHS447.19 million in 2025, representing a 75.89% increase over the GHS254.24 million recorded in 2024.
