Dear Esteemed Stakeholder,
The Ministry would like to communicate its March 2025 fuel price review decision as follows:
That the Ministry recorded:
1. under-recoveries of 17.54 cents per litre for petrol
2. over-recoveries of 4.13 cents per litre for 50ppm diesel
3. over-recoveries of 13.18 cents per litre for 10ppm diesel
Therefore, the Ministry is hereby announcing:
- An increase of 50 cents per litre in the prices of petrol and both diesel variants (diesel 50ppm and diesel 10ppm).
- In Walvis Bay, the new prices will be N$21.17 per litre for petrol, N$21.42 per litre for diesel 50ppm, and N$21.52 per litre for diesel 10ppm.
- Fuel prices in other regions of the country will be adjusted accordingly.
- The road user charge will increase by 20 cents per litre, bringing the new Road Fund Administration (RFA) levy to 243 cents per litre.
- The dealer’s margin for fuel retail operators or service stations will increase by 30 cents per litre.
These adjustments will come into effect on Wednesday, 5 March 2025.
Kindly find the attached detailed release to that effect.
Download media release