Post a comment 
The Director of the Native Consortium, Edmond Abu, has called on the Government of Sierra Leone to immediately reduce fuel pump prices, citing a recent drop in global oil prices. He warned that failure to act within seven days would trigger a nationwide protest.
Abu made the statement during a press conference held at the CCSL Hall on Kingharman Road in Freetown, where he accused authorities of failing to adjust local fuel prices in line with developments on the international market.
He noted that fuel remains central to the functioning of the economy, stressing that any fluctuation in pump prices has a ripple effect across all sectors.
“Fuel controls everything. When fuel prices change, it affects the entire economy,” he said, describing fuel as a “composite demand” that influences production, transport, and the cost of living.
Abu recalled that petrol and diesel prices stood at Le28.5 per litre in February 2026, but have since increased to Le35 for petrol and Le40 for diesel. He argued that the current pricing structure has placed significant pressure on citizens.
He further stated that while global crude oil prices had previously risen to around $110 per barrel during periods of international conflict, current market trends indicate a decline following the reported end of tensions involving Iran. According to him, this downward trend should have been reflected in local pump prices.
“The war has ended and global fuel prices have dropped, so what is the justification for maintaining high pump prices?” Abu questioned.
The Native Consortium Director criticised what he described as the slow response of government authorities in adjusting domestic prices in line with international market changes, insisting that consumers are bearing an unfair burden.
He also cautioned against diverting attention to issues surrounding fuel marketing companies, including Aminata, saying the focus should remain on reducing pump prices for consumers.
“Debates about individual companies are distractions. The real issue is that fuel prices must come down for the benefit of the people,” he stated.
Abu further questioned disparities in dealer profit margins within the sector, arguing that some companies are reportedly granted higher margins despite sourcing fuel at the same international market rate.
He concluded by reiterating the Consortium’s position, warning that decisive action would follow if the government fails to respond within the stipulated timeframe.
“If the Government does not reduce fuel prices within seven days, we will call for a nationwide protest,” he warned.
