A fuel pump attendant in Senegal.
The Senegalese government has announced a rise in fuel and electricity prices starting Saturday, January 7th 7 pm GMT. The cost of diesel and petrol will increase by 100 CFA francs.
In the case of electricity, the rise will be implemented in instalments and will not impact customers who spend less than 150 kilowatt-hours every two months, to protect low-income homes.
President Macky Sall promised a boost to the social protection effort in 2023 in his speech to the country on December 31st, with the mobilisation of 450 billion CFA francs to subsidize food and energy items.
The increase does not affect gas cylinders or paraffin. The administration has promised transporters more support.
The price rise is due to increased global hydrocarbon prices associated with the post-Covid economic rebound and the current war in Ukraine.
Strike: NLC Nothing More Than Ravenous Wolves — Fani-Kayode
Election Tribunal: Tinubu, Atiku Not Qualified To Be President — Witness
Gombe: Emir of Dukku Urges Title Holders To Contribute To Emirate's Development
Fuel Subsidy Removal: Ndume Begs NLC to Call Off Planned Strike
Subsidy Removal: FG Asked To Revert To Old 194 Per Litre Petrol Price
0 Comment(s)