The National Petroleum Authority (NPA) recorded a strong financial performance in 2025, with total revenue increasing by 43.09% to GH¢819.50 million from GH¢572.71 million in 2024.
The figures are contained in the 2025 State Ownership Report, which highlights significant growth across several of the Authority’s revenue streams.
The increase was driven largely by Internally Generated Funds (IGF), which rose by 38.40% from GH¢431 million in 2024 to GH¢596.50 million in 2025.
Finance income recorded the highest growth among the NPA’s revenue streams, surging by 332.11% from GH¢17.35 million to GH¢74.99 million.
The report attributed the increase to improved returns on investments and treasury management activities.
Other income also increased by 19.22%, rising from GH¢127.29 million in 2024 to GH¢151.76 million in 2025.
Meanwhile, administrative expenses increased by 17.61% from GH¢301.73 million to GH¢354.86 million, reflecting the expanded scope of the NPA’s regulatory, administrative and institutional operations.
Operating expenses also rose, although at a slower rate, increasing by 4.15% from GH¢16.30 million in 2024 to GH¢17.32 million in 2025.
Finance costs increased from GH¢0.11 million to GH¢0.13 million, representing a 22.25% rise.
Despite the increase in expenditure, the stronger growth in revenue resulted in a surplus of GH¢447.19 million in 2025.
This represents a 75.89% increase over the GH¢254.24 million surplus recorded in 2024, underscoring the NPA’s improved financial position during the year.
