Ministry of Energy and Its Agencies Respond to 2025 Audit Findings

Departments and Agencies under the Ministry of Energy have responded to audit findings outlining measures to address identified irregularities and improve operational efficiency.

The Ghana National Petroleum Corporation (GNPC) cited inadequate domestic production and import of gas from Nigeria, while indicating plans to increase production, explore local investment opportunities to reduce costs and consider ventures in the mining sector.

Energy Commission provided explanation on improved payment controls and fraud prevention measures, alongside efforts to recover outstanding debts and manage retirees’ medical bills. The Electricity Company of Ghana (ECG) suspended payments under an uneconomic vehicle lease agreement throughout 2025 and reported improvements in revenue mobilisation.

Bulk Oil Storage and Transportation Company Limited (BOST) corrected a contract overpayment, while the Volta River Authority (VRA), Bui Power Authority and Petroleum Hub Development Corporation addressed their respective audit concerns. Valco Trust Fund was directed to reappear before the Public Accounts Committee (PAC) on Monday for further clarification.