The National Petroleum Authority (NPA) has reduced the margin on the price of fuel by 8 pesewas per litre.
Following the implementation of the newly reviewed taxes on fuel, the margin on prices of petroleum products went up by 17 pesewas per litre.
But the NPA after a meeting with stakeholders in the industry reduced the 17 pesewas margin to 9 pesewas.
This is to take effect on Wednesday, May 5, 2021.
