“It’s really difficult here,” said Salifu Bai Kamara, a keke taxi driver in Freetown. He raised his fares, but said many can’t afford them
, a West African country with a population of roughly 8 million people, the maximum cost of a litre of fuel went from 12,000 leones per litre to 15,000 on Thursday., supply disruption[s] continue to hike oil prices, adversely affecting importing nations,” said Sierra Leone’s Petroleum Regulatory Agency.
The statement announcing the changes said the decision had been taken in consultation with the ministry of finance, ministry of trade and industry and oil marketing companies. Public transportation fares subsequently rose by roughly 25 per cent.. He raised his fares, but said many can’t afford them.
People describe queuing for hours for petrol, if it is available at all. Many also rely on fuel to power generators, as the national electricity supply is unstable., the cost of a litre of fuel went from roughly 6.4 cedis to 10 cedis a litre in just a few weeks, while the conversion rate for 1,000 cedis went from $150 to $125, said journalist Fentuo Tahiru Fentuo.
That trend is similar or even higher in other countries in the region, reaching almost 100 per cent in
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Five ways the economic fallout from war in Ukraine will affect youRefugees, energy prices, economic growth, interest rates and food prices will all carry an additional cost via IrishTimesBiz
Read more »
Four US soldiers killed in plane crash during Nato exercise in NorwayFour US soldiers have been killed in a plane crash during a Nato exercise in Norway unrelated to the Ukraine war
Read more »