The Automobile Association says motorists can expect a mixed bag of fuel prices this month with petrol due to be hiked and diesel prices to decrease on Wednesday.
The Automobile Association says December brings with it mixed fuel price changes. This is according to unaudited month-end fuel price data released by the Central Energy Fund.
Fuel stations along Nigeria’s land borders have closed and prices have spiked after customs authorities banned deliveries of petroleum products to stations within 20 kilometres of the border in an attempt to curb smuggling.
The Energy Department says the fuel price will drop from midnight on Tuesday.
Experts at the fuel retailers’ association’s conference which took place at Nasrec, in the South of Johannesburg, have agreed that small-to-medium-sized enterprises still experience difficulties penetrating the fuel industry.