The price adjustment will be effective from the 3rd of January
In Walvis Bay the price of petrol will thus be N$2078 per litre diesel 50ppm will be N$2105 per litre and diesel 10ppm will be N$2125 per litre
The announcement follows the Ministrys December 130 cents per litre decrease in petrol and diesel prices
Furthermore the Mines and Energy ministry has extended the temporary relief margin of
20 cents per litre for another month to oil wholesalers extending the initial 3 month period that was initially scheduled to conclude in December 2023
The Mines and Energy ministry has also announced that the National Road Safety Council levy will be raised by 15 cents per litre increasing it from 26 cents per litre to 176 cents per litre
The levy plays a crucial role in spreading road safety awareness given the national
need to scale up endeavors in this regard the ministry said
Earlier this month the Mines and Energy ministry also approved a 20 cents per litre increase in the Road Fund Administration RFA levy effective December 6 2023 miningandenergyconna
