(3 minutes read)
The cost of diesel and petrol in Senegal has increased by 100 CFA francs since 7th January, creating consternation among people and industry alike. The increase in electricity charges will be applied in instalments and will not affect users who consume less than 150 kilowatts per hour, every two months. This is an effort to spare disadvantaged households from hardships
The cost of diesel and petrol in Senegal has increased by 100 CFA francs since 7th January, creating consternation among people and industry alike. The increase in electricity charges will be applied in instalments and will not affect users who consume less than 150 kilowatts per hour, every two months. This is an effort to spare disadvantaged households from hardships.
President Macky Sall announced a reinforcement of the social protection effort in 2023 with the mobilization of 450 billion CFA francs to subsidies food and energy products. Gas cylinders are spared from the increase as also paraffin. The government has promised accompanying measures for transporters.
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The increase in prices is due to rising global hydrocarbon prices linked to the post-Covid economic revival and the ongoing war in Ukraine.
