Native Consortium and Research Center has in a press Release issued out yesterday the 4th January, 2023, thanked the Sierra Leone Government for the recent reduction in the cost of fuel.

“04/01/2023

PRESS RELEASE

THE NATIVE CONSORTIUM & RESEARCH CENTER WISH TO THANK THE PRA FOR THE NEW YEAR PRESENT. HOWEVER THE CONSORTIUM FIRMLY BELIEVE THE PROPORTIONATE REDUCTION TO TRADE-OFF THE DEPRECIATING LEONES AND THE WORLD MARKET PRICE SHOULD HAVE BEEN LE 18 PER LITER.

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_Signed Edmond Abu (Jr)_
CEO”

The Government of Sierra Leone through the Petroleum Regulatory Agency (PRA) yesterday the 4th January, 2023, announced the reduction the pump prices of petroleum products from Le21 to Le19.50.

The new price is as effective on 4th January 2023, according to the announcement.