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Government Spends Over $8 Million to Subsidise Fuel, Trade Minister Alpha Sesay Says

September 18, 2026News

The Sierra Leone government has spent more than $8 million on petroleum subsidies in recent months as global oil prices continue to put pressure on the domestic economy, Trade Minister Alpha Sesay said.

Sesay made the disclosure during a national policy hearing on the 2027 financial year budget, where he said the intervention was intended to cushion consumers from the effects of rising energy costs.