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The Petroleum Regulatory Agency (PRA) has issued a statement addressing concerns about fuel availability and pricing in Sierra Leone.
This follows recent reports suggesting a potential fuel crisis, with some stations running dry and limited suppliers.
On Friday, Sierraloaded reported long queues at gas stations in Freetown and other districts, with many stations entirely closed. This scarcity led to a temporary rise in transportation costs as drivers with access to fuel exploited the situation.
In a statement released Sunday, the PRA acknowledged reports of fuel retailers withholding existing stock to create a shortage and inflate prices.
The agency stressed there’s no need for panic, assuring the public that over 2.2 million liters of petrol are readily available nationwide, with diesel supplies lasting comfortably until mid-July. Additionally, a significant shipment of 20 million liters of petrol is expected to arrive on May 8th.
The statement confirmed that currently, only NP SL and Leon Oil have reserve petrol stocks. However, the PRA emphasizes that these reserves, combined with the upcoming shipment, are sufficient to meet demand until the next major delivery.
The PRA issued a stern warning against fuel hoarding, highlighting that any dealers caught manipulating supply to inflate prices will face severe repercussions, including the revocation of their licenses.
Consumers can expect fuel prices to remain stable throughout May, with the current price per liter of NLe30 holding firm. The PRA said it is currently implementing reforms to optimize operations within licensed storage companies, ensuring they prioritize public needs.
The agency added that it remains committed to guaranteeing fair and efficient fuel distribution throughout Sierra Leone and will take strict action against any practices that negatively impact consumers.
So After May? Na d word dat o. By understanding, after May we for expect new price on fuel. We nor go die
These are the issues we need to be honestly speaking from our country elected president Boi and his governance committee. To react to issues related stuff of government damaging for their sailfish interests. Brave to our country elected president Boi.
Expect new price na u village. Some of una na bad news una kin wan yeri.
So after may the price dae change back
Unar try normor we nor go die
Thank God some fuel still dae ooh 😮
Sierra leone is our country
Aaaaaa salon 💯 sure that fuel pump price increase just after MAY OR MAY NOT.
Boy? Bio en e lie man dem still dar try for convince we say di country bette under dem?
I don’t really know what is going on in this country , for this current situation people are now buying fuel Le45 per litre, it happen now in battalion Goodrich
Papa God take control ooo.
This is useless it is the masses that will suffer the increase why did I voted for the SLPP? Next l will mobilize my people not to vote
In Mange Bureh, fuel dealers are selling Le 50. per litre. So I bought it this morning. So papa government, please take control of these people that are sabotaging our government. Lonta!!
I promise to change the corrupt system in this country (government) inshallah 🙏🤲
I will change the corrupt system in this country inshallah 🙏🤲
The saga continues. Pls note that in May, expect a new pump price. Salon 4 beteh
Expect a new pump price after May,….the saga continues