Native Consortium Questions Basis For Fuel Price Increase, Demands Explanation From Government

The Native Consortium and Research Centre (NCRC) has reacted to the recent increase in fuel prices, questioning the justification behind the decision by the government and Petroleum Regulatory Agency (PRA) to adjust the pump price despite lower global crude oil prices compared to previous increases.

In a statement attributed to the organisation, NCRC referenced the previous fuel price increase to Le35 and Le40 per litre, noting that at the time, global crude oil prices were around $110 per barrel. The organisation questioned why a similar price adjustment has been introduced when international crude prices are currently between $79 and $83 per barrel.