199 million litres of undeclared petroleum products cost the government tax money in 2025 – COMAC

by Mawuli
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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

Government lost more than GH¢600 million in tax revenue in 2025 due to 199 million litres of unaccounted petroleum products, according to the 2025 Petroleum Product Analysis Report, sighted by Joy Business.

The lost revenue was expected to accrue to the state through taxes, levies, and other regulatory charges on petroleum products imported into the country, but was not properly accounted for.

According to the Chamber of Oil Marketing Companies, the unaccounted volumes represent 2.1 per cent of the country’s total petroleum supply for the year.

The report provides a detailed examination of Ghana’s petroleum product supply and consumption trends from January to December 2025, with a comparative analysis of 2024.

Source: newsthemegh.com

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