Dear Esteemed Stakeholder,
The Ministry would like to communicate its April 2025 fuel price review decision as follows:
That the Ministry recorded:
1. over-recoveries of 58.77 per litre for petrol
2. over-recoveries of 82.88 cents per litre for 50ppm diesel
3. over-recoveries of 91.07 cents per litre for 10ppm diesel
Therefore, the Ministry is hereby announcing:
A decrease of 50 cents per litre in the prices of petrol.
A decrease of 80 cents per litre in the prices of both diesel variants (diesel 50ppm and diesel 10ppm)
In Walvis Bay, the new prices will be N$20.67 per litre for petrol, N$20.62 per litre for diesel 50ppm, and N$20.72 per litre for diesel 10ppm.
Fuel prices in other regions of the country will be adjusted accordingly.
An increase in the Namport tariff by 0.2 cents per litre, rising from 4.40 cents per litre to 4.60 cents per litre, as adjusted annually.
These adjustments will come into effect on Wednesday, 2 April 2025.
Kindly find the attached detailed release to that effect.