The Government of Sierra Leone, in collaboration with the Petroleum Regulatory Agency (PRA), the Ministry of Finance, the Ministry of Trade and Industry, and oil marketing companies, has reached an agreement to raise the prices of petroleum products within the country, transitioning from Nle 25 to NLe 30 per litre

“During the period under review, the International oil reference prices (Plats) increased invariably though at a declining rate, however, the stronger USD/SLL has hiked the pump prices for Diesel and Kerosene. Diesel is still cross subsidized at the retail market”

The updated pump prices will come into effect starting today, August 29th 2023. This announcement was made by the Petroleum Regulatory Agency (PRA) through a press release which was released today