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The National Petroleum Regulatory Authority (NPRA) has announced that the Government of Sierra Leone is continuing to subsidise fuel prices in an effort to cushion consumers from rising international petroleum costs and maintain regulated pump prices across the country.
According to the Authority, the current subsidy remains in effect for the pricing window running from 15 July to 31 July 2026, with the government projected to spend approximately US$2.16 million to stabilise fuel prices during the period.
The NPRA disclosed that the actual market value of petrol stands at NLe 36.27 per litre, while the government is providing a subsidy of NLe 3.27 per litre. For diesel, the actual market value is NLe 39.98 per litre, with a government subsidy of NLe 4.98 per litre.
The Authority further stated that the cost of refined petroleum products currently stands at US$1,031.25 per metric ton for petrol and US$1,129.25 per metric ton for diesel, reflecting prevailing international market prices.
According to the NPRA, the subsidy programme is designed to keep regulated pump prices below the actual cost of imported fuel, thereby reducing the impact of global price fluctuations on consumers and the wider economy.
The Authority also urged the public to report any incidents of fuel overcharging, reminding petroleum retailers to adhere strictly to the regulated pump prices throughout the pricing window.
The announcement forms part of the government’s ongoing measures to promote price stability in the downstream petroleum sector while protecting consumers from sharp increases in global fuel costs.
