ADVERTISEMENT

Government hikes fuel prices amid foreign currency shortage

Sudan has been subject to a US trade embargo since 1997 for its alleged support for Islamist groups.

The oil ministry in Sudan raised the price of one gallon of petrol to 27.5 Sudanese pounds from 21 November 4,2016

Sudan hiked prices of petrol and diesel Friday by about 30 percent as months of fuel shortages caused by a foreign currency shortage have put pressure on the country's already sanctions-hit economy.

The oil ministry raised the price of one gallon (nearly four litres) of petrol to 27.5 Sudanese pounds ($4.30, 3.90 euros) from 21 and diesel from 14 to 18.

Fuel price hikes have been a sensitive issue in Sudan, which has seen its economy badly hit since 2011 when South Sudan gained independence and took nearly three quarters of the formerly united country's reserves with it.

"These are the new prices effective now," a worker at a Khartoum fuel station told AFP as he changed the fuel metre to reflect the new prices overnight Friday.

ADVERTISEMENT

"We have received notification from the oil ministry, and accordingly prices of petrol and diesel have been raised."

In September 2013, the government slashed fuel subsidies, sparking street protests as retail prices soared by more than 60 percent.

In recent months, Sudan has experienced regular shortages of petrol and diesel amid an acute shortage of foreign currency, which is used to import fuel.

Sudan has been subject to a US trade embargo since 1997 for its alleged support for Islamist groups. Al-Qaeda leader Osama bin Laden was based in Khartoum from 1992 to 1996.

In recent years, the government's alleged human rights abuses against ethnic minority rebels in Darfur have been cited as a reason not to lift the sanctions.

ADVERTISEMENT

On Wednesday, US President Barack Obama extended these sanctions by another one year.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

My govt recruited 5,000 workers in 7 years – Obaseki

My govt recruited 5,000 workers in 7 years – Obaseki

Tinubu salutes workers as they await new minimum wage

Tinubu salutes workers as they await new minimum wage

MNJTF intensifies operation to eliminate Boko Haram, ISWAP in Lake Chad

MNJTF intensifies operation to eliminate Boko Haram, ISWAP in Lake Chad

756 schools to compete in Anambra sports festival

756 schools to compete in Anambra sports festival

Residents protest plan to withdraw security from Edo ijaw communities

Residents protest plan to withdraw security from Edo ijaw communities

Gov Sani unveils ₦500m loan scheme for Kaduna workers

Gov Sani unveils ₦500m loan scheme for Kaduna workers

Obi salutes Nigerian workers amid countless obstacles and hurdles

Obi salutes Nigerian workers amid countless obstacles and hurdles

Lagos community begs Tinubu to stop Umahi from implementing Lagos-Calabar road design

Lagos community begs Tinubu to stop Umahi from implementing Lagos-Calabar road design

How we nurtured Anambra UTME candidate to score 324 in JAMB - LG Chairman

How we nurtured Anambra UTME candidate to score 324 in JAMB - LG Chairman

ADVERTISEMENT
ADVERTISEMENT