Govt hikes fuel prices

The government has announced a five per cent fuel price hike effective effective midnight today.

Energy Regulation Board (ERB) executive director Langiwe Lungu stated that the pump price of diesel and petrol has gone up by an average K0.80.

A liter of petrol will now fetch for K15.98 from K15.20 while diesel will be sold at K14.23 from K13.43, representing an increase of K0.78 and K0.80 respectively.

A liter of low sulphur diesel is now K16.52 from K15.72 while Kerosene has recorded the highest price hike from K11.34 to K13.02.

According to Lungu, ERB has also increased the Tazama Petroleum Products Limited (TPPL) throughput fee at the Ndola Fuel Terminal and other national fuel depots from K25 per cubic metro to K62.64 per cubic metro.

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Jo
Jo

Proposed Fuel price hike!!! Fuel has become an indispensable part of our day-to-day life, and we can’t imagine our life without it. But the fuel prices are sky rocketing, and it is eventually going to affect each and everything that we use in our day to day life too much. Poor people are already working hard to earn square meal a day and this proposed (5%)? hike is definitely going to paralyze these already-burdened people. Within three years fuel price has increased many times and is still increasing! It is nothing but adding fuel to the fire. Fuel price hike… Read more »

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