Pump prices reduced

Pump prices reduced

The Ministry of Information has announced the reduction of pump prices in the country in consultation with the Ministry of Petroleum and Energy effective 1st May 2023.

Full text of the press release form Information Ministry reads which reads below:

The Ministry of Information in consultation with the Ministry of Petroleum and Energy, wishes to inform the General Public that effective 1 May 2023, the Pump price for Petroleum products will be reduced as follows:

Petrol – D74.00 per litre (a reduction of D1.00  off the current pump price)

Gas oil – D 70.50 per litre (a reduction of D2. 00 off the current pump price)

Kerosene  – D63.19 per litre ( a reduction of D4.11 off the  current pump price).

The reasons for the reduction are as a result of the decline in the International price of Petroleum products and the foreign exchange rate.  The Government of the Gambia has decided to transfer the drop in prices to the consumers as a measure of the government’s responsiveness to the needs of her people and sincerely thank them for their continued cooperation and support.

Source: The Point

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