Freetown, 8th September, 2026 – The Government of Sierra Leone has announced new pump prices for petroleum products effective today, setting petrol at NLe40.00 per litre and diesel at NLe45.00 per litre.
Officials explained that under the current pricing formula, full pass‑through costs would have been NLe41.04 for petrol and NLe46.76 for diesel, reflecting global price increases driven by the ongoing conflict involving Iran and its impact on international oil markets. To cushion consumers, government will absorb the difference through subsidies.
In recent days, several Oil Marketing Companies (OMCs) reduced or halted sales at filling stations, leading to shortages and queues nationwide. Authorities say the new pump prices are designed to restore normal supply and stabilize the market.
The government also confirmed that Waka Fine public transport fares will remain unchanged despite the fuel price adjustment. Additional subsidies will cover the increased fuel costs for transport operators, ensuring commuters are shielded from immediate fare hikes.
Beyond short‑term measures, government is accelerating reforms to strengthen its role in the petroleum supply chain. Plans include expanding importation, storage, and wholesale supply capacity. Officials say these steps will improve fuel security, stabilize the market, and reduce Sierra Leone’s vulnerability to future external shocks.
