Kindly be informed that the Ministry of Mines and Energy has resolved to increase fuel prices for June 2022, as follows:

1. Petrol prices will increase with 250 cents per litre
2. Diesel prices will increase with 150 cents per litre

The Government, through the National Energy Fund (NEF) will pay approximately N$179 Million for under recoveries recorded. Fuel price adjustments countrywide are expected to come into effect at 00H01 on 1^st of June 2022.

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