Fuel Price News

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• South African Fuel Under-Recoveries Halve as Global Oil Markets Stabilize Amid Middle East War

  Published: Apr 17, 2026

  Section: Africa

  Data from the Central Energy Fund reveals a significant decline in fuel under-recoveries through the second week of April 2026, though motorists still face substantial price hikes...

• Trade Union Congress Urges Federal Government to Redirect Excess Crude Revenue Toward Feedstock Subsidies for Local Refineries

  Published: Apr 10, 2026

  Section: Africa

  TUC President Comrade Festus Osifo has proposed that 60% of surplus crude oil revenue be used to subsidize local refineries, including the Dangote plant. The labor center argues th...

• National Treasury Halves Fuel Levy To Mitigate R10 Diesel Under Recovery Amid Middle East Conflict Pressures

  Published: Apr 4, 2026

  Section: Africa

  South Africa has implemented a temporary R3 per litre fuel levy reduction for April 2026 to offset massive under recoveries driven by global oil volatility. While the relief will c...

• South African Households Face Unprecedented Economic Strain as Global Fuel Shocks Drive Record Inflationary Pressures

  Published: Mar 31, 2026

  Section: Africa

  Surging global oil prices and a weakening rand have triggered a severe cost of living crisis across South Africa, impacting food, transport, and air travel. The South African Reser...

• Manufacturers Association of Nigeria Demands Urgent Energy Security Reforms as Global Fuel Prices Surge Above $100

  Published: Mar 28, 2026

  Section: Africa

  Director-General Segun Ajayi-Kadir has called for a strategic pivot toward domestic refining to shield the Nigerian economy from Middle East-induced energy shocks. With inflation p...

• Amnesty International Criticizes Tinubu Administration for Inadequate Guidance as Middle East Conflict Triggers Surge in Nigerian Fuel Prices

  Published: Mar 17, 2026

  Section: Africa

  Human rights monitors have accused the Nigerian government of failing to protect low-income earners from the economic shocks caused by the U.S.-Israel military offensive against Ir...

• Kano State Sachet Water Producers Hike Prices to ₦300 Per Bag Amid Surging Production Costs

  Published: Mar 11, 2026

  Section: Africa

  The Association of Table Water Producers (ATWAP) in Kano State has increased the minimum price of sachet water from ₦220 to ₦300 per bag. The adjustment is attributed to the soarin...